1INCH will have a drop
Updated
After hitting SUPLY above the chart, a bearish CH has been created
After the bearish CH, the price has bounced back and swept the liquidity pool.
The most likely scenario is that with this bearish structure, the liquidity pool will sweep the bottom and move towards the green range.
I specified the invalidation level, closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
After the bearish CH, the price has bounced back and swept the liquidity pool.
The most likely scenario is that with this bearish structure, the liquidity pool will sweep the bottom and move towards the green range.
I specified the invalidation level, closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Comment
Our view on 1 inch was correct and this symbol dropped about 14%
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