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INS

INS - What's the next Move?INS/BTC has been consolidating over the last few days and has been following suit of BTC. BTCUSD has started to form a Bolinger Band Squeeze on the 4 Hr chart and so has INS. You can see the extended consolidation for INSBTC on the 1 -2 Hr chart, as it has stayed consistently between .753 & .780 SATs. Which has now formed a pretty large squeeze on the 1 -2Hr and now forming on the 4 Hr chart. ] I can see a few different scenarios happening and a lot probably has to do with the move that BTCUSD decides to make over the next couple of days. BTCUSD and INSBTC have both formed descending triangles and we will have to see if it breaks down or breaks up. If INS decides to move up it will most likely go to its last resistance position of around .918-.933 for 22% profit. Or if it breaks down, we should see it fall back down to the previous support of .717 and retrace back to around .847 for around 19% profit. More will be revealed and I will update as progression continues. If you have been paying attention to INSBTC , please let me know your thoughts and if you have any predictions on what is to happen next? Happy Trading.
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by MarkStPeter
INS Trading AdviceBuy Price: Yellow Line TP: Green Lines Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck! Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you or I am just wasting my time and effort. Thanks for 100+ followers. Thanks for visiting.
ILong
by firdosi
1
My $1k to $100k Challenge: Day 63 - Trade #57 INSHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. Current streak of 6 out of 10 profitable trades in a row. After 62 days and 54 completed trades: Wins: 25 Loss: 29 Balance: 0.1723 B USD: $ 1126 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 63 trade #57 I invested 0.09 B into INS. I bought 2272.72 @ 3960 satoshi My Sell targets are: T1: 4150 5% potential profit T2: 4350 10% potential profit T3: 4550 15% potential profit I will sell 50% at target 1. 25% at target 2 and 3. If target 1 is hit, I will move my SL up to my buy in price. If target 2 is hit, I will move my SL up to T1. SL: 3850 -2.5% So my next Challenge play is a Magic bot buy signal on INS. Magic bot is an indicator I have just completed and back tested. INS was a buy signal on the September 13th when there was a volume surge. Volume has been pretty low, but the coin has been stable. There was also Magic buy signal as well on the September 10th that hit stop loss. Looking in the past history, INS has yet to lose back to back buy signals. Back test results on INS for this year are 10 wins 3 loss 77% win rate. I'll take my chances with 77% win rate. In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
ILong
by redking75
8
INS Ecosystem Correction UpINS Ecosystem found the bottom at $0.52, that has been tested on the 12th of June. There INS/USD formed a double bottom and rejected the downtrend trendline as well as 127.2% Fibonacci retracement level for the second time, suggesting that the bottom might have been reached. Today price has been going upwards and broke above the 50 Moving Average. Perhaps this is the first strong sign of a potential upcoming corrective wave down, that should result in a growth towards 88.6% Fibonacci retracement. This is $0.9 level, which corresponds to the previous support formed back in April. Break above that resistance would most likely result in a growth towards the key psychological support at $1. If INS will managed to break and close above that price, it could mean the beginning of an uptrend and not only a corrective move up. On a downside, if INS Ecosystem will close below the recent low at $0.52, the bullish outlook should be invalidated, resulting in a continuation of a downtrend or the beginning of a consolidation phase.
ILong
by CryptoPAMM
1