1INCHUSDT brekout!

Updated
The price had a breakout from the descending channel after a bounce on the daily support on 1.32$. Nice volume so far.
On the 4h timeframe, the price is creating a W pattern where the neckline is on 0.618 Fibonacci level on 1.4$.

Big News ahead on this Coin

How to approach?
We are monitoring the key levels, we could see a retracement until the previous resistance now new support. IF the price is going to satisfy ALL our rules, we could open a new long position with a very nice risk reward
Note
The price got a rejection from the 4h resistance on 1.5$. wait for a retracement on 1.4$ for new liquidity
snapshot
Note
so far so good 20% since my call


snapshot
Note
The price is testing the monthly resistance right now!!
27% so far!
snapshot
Note
The price is testing the 4h resistance after a Clear breakout from the monthly resistance on 1.8$.

the market is in accumulation phase and it's retesting the previous resistance as new support.

If the price is going to have a breakout, According to Plancton's strategy, we can set a nice order
snapshot
Chart PatternsHarmonic PatternsTrend Analysis

Related publications

Disclaimer