Sander_charts

INS/BTC - Bullish movement

Sander_charts Updated   
BINANCE:INSBTC   None
We have seen a spike in volume and price if we look at the INS/BTC chart. It also looks like it is looking for support in this area and that means we could suspect an bullish movement in creation.
SMA 8 (purple) is crossing the SMA 21 (blue) - also an indicator to be bulish

Let's see if he can cross the SMA 100 (orange) and stick above that one!

Ps. keep also attention to BTC movement!
Comment:
It didn't hold the SMA 100 line but it take some correction back to the EMA 21 (blue) line.
Also we see that he is on a R/S level right now.

As long the EMA 8 (purple) is above the EMA 21 I am bullish for now.. I suspect at least one move up! (higher than the 340)

So if you didn't had a position yet, this is the time..
If you want you can set a stop loss at 210.
Comment:
Still very bullish on this chart!
- It makes a hidden bullish div right now!
- It bounched on the EMA21 (blue).

Waiting for some new action around this coin!
Let's break the 340 resistance and go to 519


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