1INCH / BitcoinLong
1inch - medium term long
1inch has found support at a daily level and created a nice higher low indicating that buyers are in control. I did not get in on the low so i'm waiting for a break and retest of the next resistance level.
Alternatively, we could see a rejection at the resistance level with another retracement. This could serve as a decent entry point if it jives with the trendline, a daily level, and candles show buyer support.
Alternatively, we could see a rejection at the resistance level with another retracement. This could serve as a decent entry point if it jives with the trendline, a daily level, and candles show buyer support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.