1INCH / Bitcoin
Long

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.

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