Possibly a good trade setup for INSOLAR/BTC as its trading above the EMA50, 100 and 200 on the 4H.
And looking at the Ichimoku on the Daily chart there is a bullish cross of the Tenkan over the Kijun which points to bullish momentum.
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...
Insolar (INS) has formed bullish Butterfly pattern and entered in potential reversal zone and ready for bullish reversal soon. At this time the price action is moving above the PRZ level so we can wait for the price action for some correction and try to catch it from within the potential reversal zone.
This potential reversal zone should be used as stop loss in...
The priceline of Insolar / Bitcoin cryptocurrency has formed a bullish shark and entered in potential reversal zone.
This PRZ area should be used as stop loss in case a complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002365 to 0.00002226
Sell between: 0.00002506 to 0.00002803
Regards,
Atif Akbar (moon333)
