Insolar Fakebreak of Support, Ready To Boom

Insolar (INSBTC) has been trading within a falling wedge and reached the bottom of it.
As the lower end of the falling wedge was hit, a fake breakdown of support took place. This happens when a support level breaks just to see prices move quickly back up.
As we see INSBTC move back above EMA10, we can notice the trading volume being 3x higher than average.
We also have a bullish MACD and RSI.
This chart is looking strongly bullish.
Conditions for change
If prices move and close below 0.00000977 the above signals become invalid and a new analysis is needed.
Thanks a lot for your support.
Namaste.
As the lower end of the falling wedge was hit, a fake breakdown of support took place. This happens when a support level breaks just to see prices move quickly back up.
As we see INSBTC move back above EMA10, we can notice the trading volume being 3x higher than average.
We also have a bullish MACD and RSI.
This chart is looking strongly bullish.
Conditions for change
If prices move and close below 0.00000977 the above signals become invalid and a new analysis is needed.
Thanks a lot for your support.
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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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.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
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.