Updated
INS/BTC - Bullish movement
We have seen a spike in volume and price if we look at the INS/BTC chart. It also looks like it is looking for support in this area and that means we could suspect an bullish movement in creation.
SMA 8 (purple) is crossing the SMA 21 (blue) - also an indicator to be bulish
Let's see if he can cross the SMA 100 (orange) and stick above that one!
Ps. keep also attention to BTC movement!
SMA 8 (purple) is crossing the SMA 21 (blue) - also an indicator to be bulish
Let's see if he can cross the SMA 100 (orange) and stick above that one!
Ps. keep also attention to BTC movement!
Note
It didn't hold the SMA 100 line but it take some correction back to the EMA 21 (blue) line.Also we see that he is on a R/S level right now.
As long the EMA 8 (purple) is above the EMA 21 I am bullish for now.. I suspect at least one move up! (higher than the 340)
So if you didn't had a position yet, this is the time..
If you want you can set a stop loss at 210.
Note
Still very bullish on this chart! - It makes a hidden bullish div right now!
- It bounched on the EMA21 (blue).
Waiting for some new action around this coin!
Let's break the 340 resistance and go to 519
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.