Dear Friends,
Given my new found ritual, I look through my watchlists each morning, and share interesting opportunity I find in the charts with y'all.
Today, I found 1INCH brewing delicacies for a breakout soon enough. And here is the opportunity shared with you guys.
Several days back 1INCH took a dive in the mud hitting my EMA targets in a correction/consolidation move
It began on 24th February, then completed it 4th April on the largest MA.
Confidence began rising at this point. It moved up to Major support.
Next it broke up a Mini resistance, came back down near our Strong support area.
After this, it did a double to break my Final Resistance but momentum was weak, then it fell to previous resistance, turned-support
It will make another attempt since it partially succeeded before.
With more Bulls power it will go through. Rocket UP🚀🚀 Uncharted Territory to set new ATH
Potential Buy Zone: I see a breakout from this area in couple of hours
Skeptical Buy Zone: I don't see us going down near this zone, unless market forces happen and all tokens pull down. But if it happens, then it becomes an active buy zone
1INCH is Decentralized Tokens Exchange where you can swap different coins for another with no middleman or central authority, and no KYC required.
DEx is the future of exchanges, perhaps when the policies come hard on CEx and people will try to avoid KYC at all cost.
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