1INCH Bowl Formation
Updated
At the weekly chart logarithmically, there are two bowl formations inside each other. The first target is $0.57 at the beginning of 2024, and it is likely to make a new ATH by the end of 2024.
Note
The first target level of $0.57 was reached. It continues to move forward step by step towards the main target. On the other hand, a cup and handle formation was formed. It will quickly rise to the 1.30-2.0 range in a couple of weeks.
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.