IGNISBTC trade ideas
$Ignis undervalued4 day chart tells me it is a good time to start buying Ignis. Mostly forgotten coin outside the community but it's time to take a second look. Like NXT this is extremely undervalued and the Indicators lined up here tells me it's anytime now will gain against btc.
If your looking for a coin to dollar cost average into Ignis is one. Please view the XRP post that had similar indication that's playing out perfectly.
Ignis Long-Term Chart w/ Targets (Over 1177% Potential)About Ignis
Your Blockchain Destination
IgnisIgnis is an essential part of the Ardor platform. It is the main child chain - fully featured and permissionless for everyday transactions with low fees.
All the Ardor platform transaction types and features are available on the Ignis child chain. Furthermore, account-specific functions, such as setting account properties and multi-signature configurations (account control), are facilitated exclusively by Ignis but accessible across all child chains.
Ignis supports out of the box advanced privacy mechanisms including coin shuffling, and encrypted messages which can be shared securely with third parties.
Use Ignis to experiment and build public applications with all the features available on the Ardor platform. You don't need any permission, simply install the software, download the blockchain, get some tokens from an exchange (or exchange with ARDR tokens on-chain) then start using the APIs and coding. It is really that simple.
Ignis is the exclusive chain for stateless lightweight contract development. Use Ignis to deploy your contracts even if they will eventually interact with other child chains.
-------------
Chart Analysis For Ignis by Alan Masters
The all-time low for Ignis (IGNISBTC) was hit on the 13 May '19 at 0.00000223.
On the 30 Mar a new low was hit at 0.00000240 and prices are starting to bounce... We have a higher low here compared to last year and prices are now challenging EMA10.
After last year's low was hit, what followed was a 350% bullish wave. This time around we can see something similar...
All the resistance levels (targets) are clearly marked on the chart.
Thanks a lot for reading.
Namaste.
IGNIS - Looking for New SupportIGNIS followed BTC and dropped broke to the downside through the bottom of the newly formed triangle. We may find new support near the 100 MA or just below (orange line) and may enter another phase of accumulation.
This is not trading or investment advice. These are my observations and I'm just having fun!
IGNIS Moving Again After Period of AccumulationSome have asked me about Ignis.
The elevated Bitcoin dominance has kept altcoins, including IGNIS, searching for newer lows. But during the past week IGNIS showed more movement with higher volumes and gave more information to start looking for trends and patterns again.
We can see a quick push through the MA200 and over the cloud. A descending channel formed on the correction (dotted blue lines) and I anticipated support at .00000295 (orange line). Instead IGNIS stopped and moved sideways in a brief accumulation and then turned up. This looks like it could be setting up an ascending triangle (purple lines).
The MACD is poised for a crossover. Will the triangle hold? If it does, IGNIS will be moving above the cloud and above the MA200. A breakout, one way or another would happen within a few days. Let's keep an eye on fundamentals and BTC dominance as both play a key role in the price action of IGNIS.
This is not trading or investment advice. These are my observations and I'm just having fun!
$IGNIS accumulation Starts nowWe have a very strong oversold indication on Ignis.
RSI @ 27
Candle dropped below lower Bollinger band
Stochastic RSI in oversold territory (Though give it 2 weeks or so and it will be better placed)
Holding off for a couple of weeks than drip buying over 2 months from here would be better then to buy now. Along with IOTA Ignis best buy ATM
The daylight is nigh(t): IGNIS will RISE like the sun.We've had a massive distribution down-trend for months now. The reversal can be seen in these falling wedge patterns. PUMP by November. Target... at least 80% from current price (just under 700 sat.) but I think we can easily see upwards of a 300% PUMP! Ignite the fire!! IGNIS!
Ignis VS Bitcoin Consolidation TimeIgnis formed a bottom at 774 satoshis after which price went up, and reached 1524 satoshis high. Although closing price was below the 23.6% Fibonacci retracement level at 1136 satoshis and below the 200 Moving Average.
On a correction down, IGNIS/BTC rejected the uptrend trendline, went up an rejected the 23.6% Fibs once again. It seems that IGNIS has stuck between the 774 support and 1136 resistance, without any clarity of further direction.
In order for the price to move up, close above the 1136 sats resistance is required. If/when that occurs, Ignis shall rise towards the next Fibonacci retracement level at 50%, that is 1541 satoshis.
On the downside, considering the current price action, a correctional move down might be expected. Ignis could decline towards previous support at 774 satoshis, but only if price will not break above the current resistance.