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Insolarbitcoin

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.
ILong
by moon333
1
INSBTC formed bullish BAT | A good long opportunityPriceline of world's 319th ranked cryptocurrency Insolar (INS) has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the move of price action to see how perfect this pattern is driven: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below: Buy between: 0.00003338 to 0.00003284 sats Sell between: 0.00003468 to 0.00003663 sats So this very short term 2hr trading chart has potential to give upto 11% profit. 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 an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
ILong
by moon333
INSBTC has formed bullish butterfly|Upto 205% from here expectedPirceline 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)
ILong
by moon333
4