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)
Insolartoken
Insolar/Bitcoin (June 3) #INS $INS #BTC $BTC#BUY
INS is forming a symmetrical triangle in an uptrend and we can buy for huge potential profit
Current Price : 421
Buyzone : close to 410-415 as possible
Sellzone : 480-580-750
Stoploss : Below 390
InsolarTestnet realease today and tech paper release on Jan 30. - Strong fundamental news
Top-1 position at dev ratings: www.cryptomiso.com 12 months
and coincodecap.com 3-months chart.
DPRating report with positive rating, predicting to reach top-150 CMC in short term and top-100 in long term. ttps://www.dprating.com/en/rating/report/69
In technical we moving in uptrend channel and bullish triangle with potential break out to the 50-61.8% level fibonacci
INS is traded on major exchanges including Binance, Okex, Bithumb and KuCoin.
INSINS
There's not much to say on this chart other than it is looking great. Lower hgihs and higher lows are being printed and inside of that going to the trending support line is a falling wedge (bullish pattern). I will be taking a position when we touch that trending support line.
$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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