INS/BTC TA Update (Bullish breakout?)INS/BTC
INS is showing strength after trading above trend-line resistance but the daily candle has not closed yet.
There are still 11 hours left before the candle closes, INS must keep the trading action above the resistance line.
If INS could finish this candle strong and with follow through the next day,
it is likely a confirmed breakout of this bullish descending channel.
Our target to the upside is between 0.5 - 0.618 Fib resistance levels.
Insbinance
INS/BTC TA Update (Bearish Pattern Confirmed)INS/BTC
Bearish Head & Shoulder pattern confirmed after the price closes below neckline support but I never imagine the price could crash over 40% down to 1800 sats.
When the price reaches the strongest support area, it immediately bought up and shoot 22% bounce.
If INS can close above this trend-line support and hold for a couple of days, there is a chance it could push up and retest the 200MA.
Be cautious and do not place bids yet on this coin as the previous candle is a big bearish engulfing bar.
INSBTC formed bullish Butterfly | Upto 87% expected
Insolar (INS) has formed bullish Butterfly pattern and entered in potential reversal zone and ready for bullish reversal soon. At this time the price action is moving above the PRZ level so we can wait for the price action for some correction and try to catch it from within the potential reversal zone.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the dimensions of Insolar (INS) priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 1.27 to 1.618 Fibonacci as perfectly required for bullish Butterfly pattern now we can expect bullish move at any time which will lead the price action between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bull move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.00002209 to 0.00001786 sats
Sell between: 0.00002542 to 0.00003342 sats
So this trade has potential to produce upto 87% big bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Butterfly pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
INSBTC has formed bullish Shark | Upto 25% expectedThe priceline of Insolar / Bitcoin cryptocurrency has formed a bullish shark and entered in potential reversal zone.
This PRZ area should be used as stop loss in case a complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002365 to 0.00002226
Sell between: 0.00002506 to 0.00002803
Regards,
Atif Akbar (moon333)
Insolar Triangular Bullish Squeeze | $INSBTC |Daily Triangular Setup on Insolar/BTC - Insolar is trading around .30 cents as of 3/20 with an ICO price of $1.56 this could have a lot of potential to see a nice uptrend back near .50cents - $1 in the coming months-years. Especially if we see BTC continue to slowly uptrend.
I highly recommend checking this link out it has great insight! insolar.io
coinmarketcap.com
insolar.io
Prices as of 3/20/19
$0.295696 USD (0.98%)
0.00007274 BTC (0.98%)
0.00211431 ETH (1.19%)
Market Cap
$9,610,132 USD
2,364 BTC
68,715 ETH
Volume (24h)
$1,090,335 USD
268.21 BTC
7,796 ETH
Circulating Supply
32,500,000 INS
Total Supply
50,000,000 INS
Insolar (INS) is a cryptocurrency token and operates on the Ethereum platform. Insolar has a current supply of 50,000,000 INS with 32,500,000 INS in circulation. The last known price of Insolar is $0.295696 USD and is up 0.98% over the last 24 hours. It is currently trading on 8 active market(s) with $1,090,335 USD traded over the last 24 hours.
Interesting points on insolar.io
The Insolar platform is powered by blockchain as a service (BaaS) architecture. By putting enterprises on trusted, scalable and transparent networks, Insolar enables business to slash costs and risks, to increase velocity and discover new revenue streams.
Insolar is building an open source enterprise-grade blockchain platform to enable seamless interactions between
companies and unlock new growth opportunities powered by distributed trust
I highly recommend checking out Insolars presentation as it is packed with valuable investor information. insolar.io
$INS More Correction Coming? Take A Look At This...Insolar is a token with 50 mills total supply with 30,3 mills on the circulating. Ranked #258 on the coinmarketcap.com at the moment with $16,6 million market cap. Insolar is building an open-source enterprise-grade blockchain platform to enable seamless interactions between companies and new growth opportunities powered by distributed trust.
The Insolar platform is powered by blockchain as a service (BaaS) architecture. By putting enterprises on trusted, scalable and transparent networks, Insolar enables busines to slash costs and risks, to increase velocity and discover new revenue streams.
Insolar resolves the issues of individual systems, which results in agreed, immutable histories of interactions. Inter-company connections are automated and streamlined on a unified platform built on the everything-is-a-contract principle.
These information i get from their website insolar.io, you might wanna check them too to resonate what they are trying achieve on their vision.
It might be relevant as we're on transition, always on transition and we're actually needed tools that can analyze us which one revenue stream that can benefit us the most for our company. This niche quite acceptable.
Judging from technical analysis perspective that last the recent candles was having a long tail. As I draw the zone that needed to break out, it breakout but don't even hold for three days. I see this as a fail / fake breakout. INS in need more volume to push the price even higher.
For the target correction, i'm looking it will be @ 6640 level, just if, at the nearest support line @ 8410 don't hold.
You can put entry there and the latest entry should be around 5840-5400 sats range. The targets to sell are just following the fibonacci level right there. 8410 can turn out to be resistance if it breaks and our eyes @ 11400 for mid-term sell orders.
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