Hello friends welcome to this analysis on INS/ BTC .
Intro: INS is a good project with a good team behind it and they have real utility. But unfortunately they released their ICO during the btc dip and they got rekt. So it is extremely undervalued -,-"
It's one of the coins that hasn't got pumped during this recent alt season yet, so you can expect it's gonna be its turn now especially after it broke out last night.
Looking at the 4 hour chart you can see that after a long dip, it has found a bottom and slightly curving up on the yellow dotted trend line. i've seen this pattern a lot recently across the crypto land. and most of the time they start curving up to their ICO release price and make a cup.
you can also see that the moving averages tied together and the 50 ema moved above the 100 and 200 ema which is a bullish sign. Ins is going to curve up if it holds the yellow dotted line.
Good luck trading
Intro: INS is a good project with a good team behind it and they have real utility. But unfortunately they released their ICO during the btc dip and they got rekt. So it is extremely undervalued -,-"
It's one of the coins that hasn't got pumped during this recent alt season yet, so you can expect it's gonna be its turn now especially after it broke out last night.
Looking at the 4 hour chart you can see that after a long dip, it has found a bottom and slightly curving up on the yellow dotted trend line. i've seen this pattern a lot recently across the crypto land. and most of the time they start curving up to their ICO release price and make a cup.
you can also see that the moving averages tied together and the 50 ema moved above the 100 and 200 ema which is a bullish sign. Ins is going to curve up if it holds the yellow dotted line.
Good luck trading
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this is an analysis that I had on Storm and ended up curving up as I expected.
I think INS is going to do the same thing.
I think INS is going to do the same thing.
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we have the same story here with INS, you can see that it broke out of the triangle, broke out of it and retested it (thick yellow line), and since then it's curving up on the dotted trend lines.
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we are up 15% from the call first target hit, take profit! and trail stop losses!
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I think we might have a final move, for now, we can see the price has made a falling wedge on the lower time frames. it can get us to the top resistant point at 2.6 k sat.
I expect it to cool down there. and make a bigger base for next moves. so take some profits there.
I expect it to cool down there. and make a bigger base for next moves. so take some profits there.
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This is two scenarios that are likely to happen, or can not. it's hypothesis at this moment!
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trending needs more volume.