Long
INS/BTC Looking Primed for a BIG potential move
There's something brewing with Insolar.
Very noticeable volume uptick and accumulation over the past 2+ months. This is usually one of the biggest tip off when it comes to alts and a big potential move brewing.
As we see on the weekly chart, there are some nice signs.
- large bullish divergence
- big, consistent volume spike
- relative strength even in the face of btc price pullback
- ema's converging
The safest move is to make your entry at a close above the red 21ema (around 1640 satoshis). After that, there is very little holding it back to reaching the 50ema (2500 satoshis), which is quite a nice profit.
Or you can make an entry with a tight SL.
As the chart notes, the last time we got a close above the 21ema, it made a large 30+% move in a week.
This one of the final remaining alts with an opportunity to get in near the all time lows.
As always, trade vigilantly and cautiously. Take profits when you can, and don't be greedy.
This is not financial advice.
Very noticeable volume uptick and accumulation over the past 2+ months. This is usually one of the biggest tip off when it comes to alts and a big potential move brewing.
As we see on the weekly chart, there are some nice signs.
- large bullish divergence
- big, consistent volume spike
- relative strength even in the face of btc price pullback
- ema's converging
The safest move is to make your entry at a close above the red 21ema (around 1640 satoshis). After that, there is very little holding it back to reaching the 50ema (2500 satoshis), which is quite a nice profit.
Or you can make an entry with a tight SL.
As the chart notes, the last time we got a close above the 21ema, it made a large 30+% move in a week.
This one of the final remaining alts with an opportunity to get in near the all time lows.
As always, trade vigilantly and cautiously. Take profits when you can, and don't be greedy.
This is not financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.