INSBTC has formed bullish butterfly|Upto 205% from here expected
Pirceline of Insolar (INS) / Bitcoin cryptocurrency has formed bullish butterfly and entered in potential reversal zone.
MACD upto weak chart is weak bullish.
RSI is oversold.
Priceline has hit the lower band of bollinger bands for 1st time ever.
Volume profile showing less interest of traders.
I have defined targets using Fibonacci sequence:
Buy between: 0.0000180 to 0.0000001 (But the price action cannot move more down from here coz upto week chart the indicators are strong bullish even MACD is also strong bullish)
Sell between: 0.0000394 to 0.0000810
Regards,
Atif Akbar (moon333)
MACD upto weak chart is weak bullish.
RSI is oversold.
Priceline has hit the lower band of bollinger bands for 1st time ever.
Volume profile showing less interest of traders.
I have defined targets using Fibonacci sequence:
Buy between: 0.0000180 to 0.0000001 (But the price action cannot move more down from here coz upto week chart the indicators are strong bullish even MACD is also strong bullish)
Sell between: 0.0000394 to 0.0000810
Regards,
Atif Akbar (moon333)
Related publications
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.