Insusdt
INS/BTC (Holding 50D MA)INS/BTC
-currently, the price is respecting the 50D MA
-the area where the MA is located coincide with previous support zone
-including the strong .5 fib support area
-if this INS can hold this level for the next 2-3 days
-there is a high chance we will see an upside action
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.
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.
$INS - Sunrise Session ?ÎNS is drawing a continuation pattern with symetrical triangle.
Looking for a breakout.
Not Financial Advice
