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...
Maybe a double bottom (vs Dec18) is in place.
Volume increasing stably on most Exchanges. As AVG 1,5M$ per day (not considering BITHUMB where token exchanged are in the Top25, even ahead of ETC).
Huge Volume peak @ the end of August.
Drawing some up-trending lines & comparing with some fractals, possibly hitting the 37-38 $cents by the end of Sept and in the 50...
Daily Triangular Setup on Insolar/BTC - Insolar is trading around .30 cents as of 3/20 with an ICO price of $1.56 this could have a lot of potential to see a nice uptrend back near .50cents - $1 in the coming months-years. Especially if we see BTC continue to slowly uptrend.
I highly recommend checking this link out it has great insight!...
Pair: INS/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
Insolar (INS) is building a 4th generation blockchain platform for business aimed to enable seamless interactions between companies and unlock new growth opportunities. In addition to the blockchain platform, Insolar will provide blockchain services and ecosystem...
Key notes:
- Golden cross on a hourly chart
- Terrific project with a solid team
- Oversold on a Stoch RSI
- Currently consolidating before the next run
Will look to lock in some profits at 0.0006117, which is right around 100% profit mark and major resistance on a previous spike up.
I will leave a small runner as well.
Set a stop loss at 20% which makes it a...
