1INCH - Strong Sell!
1INCH is still fighting the downtrend channel... and all platforms sign it as a "strong sell". The sell volume is high and it's super risky for now.
So what scenarios are there?
If the price manages to breakout the downtrend channel (Dynamic resistance), after a 4H closure outside the channel, we can consider it as a bullish sign.
But if the price keeps getting rejected by the channel, then the support areas for "short" traders are shown on the chart.
Good Luck
Tell me your ideas. Like and Share
So what scenarios are there?
If the price manages to breakout the downtrend channel (Dynamic resistance), after a 4H closure outside the channel, we can consider it as a bullish sign.
But if the price keeps getting rejected by the channel, then the support areas for "short" traders are shown on the chart.
Good Luck
Tell me your ideas. Like and Share
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