INS/BTC - Fast down, fast up? (67%+ Potential Profit) Long

Description

⋅ Mar 2, 2020 9:50 AM

Textbook divergences setting up for INS, presenting a nice risk/reward trade.

My reasoning:

Structure: Double bottom.
Divergences: Triple div - OBV, histogram (unconfirmed) and RSI.
Location: Below value on VPVR. Profit target slightly above value on VPVR. Currently at swing low from 17th August last year.

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⋅ Mar 12, 2020 7:21 AM