INS extra analysis:

Here's a useful way to think about INS. It has recently broken back into a range.

The red is the Range High, the Orange Order Block the mid-range (i.e. equilibrium) and the green is the Range Low.

Naturally, all of these levels will be key sources of reaction for INS.

Here are three scenarios I'm prepared for:

INS/BTC Scenario 1:

S/R flip of local highs and a springboard to higher price levels.

INS hasn't been able to do this on the 4HR so if the 4HR closes below the red, then this scenario will be void.

INS/BTC Scenario 2:

The Orange OB failed as a support the last time price got rejected at the local highs (red).

If the Orange OB manages to hold as support after the rejection from red, then this will show a fair degree of price maturation.

It'll show that the buyers are maturing in strength at the orange OB.

INS/BTC Scenario 3:

A stronger rejection from local highs could make INS resemble a common pattern across Altcoins for the past weeks.

That is, a Double-Bottom Higher Low hybrid. Scenario 3 assumes a rebound from the confluent support of the red Higher Low and bottom of the range (green)

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