1INCH / TetherUS
Long
Updated

1INCH/USDT (Interval 1D) Inverse Head & Shoulder Pattern

203
1INCH has 2 Inverse Head & Shoulders pattern, One is a massive one, The other one is a small one, Both are on 1D chart which means that 1INCH is ready to get sent after a long accumulation period.
Trade active
1INCH broke out from the small inverse H&S pattern and made 17% profit in less than a week. The price action is moving towards the massive inverse H&S, Once price broke out from 2nd neckline resistance then this is going to go bonkers. I am keeping this trade open as I suspect more upside.
Note
1INCH broke out from massive inverse head & shoulders pattern and made us in total of 38% profit in SPOT. I suspect this will retest the neckline again before another leg up but I am closing my trade.


snapshot

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