1INCH bullish divergence 1day+4hourNice to seen the combination of bullish divergence on the 1 day and the 4hr for 1INCH/UDST.
(With bitcoin itself putting in a 4hour divergence, could help it)
Decent price target might be around the top of this falling broadening wedge, will elaborate further below...
1inch
1INCH Falling Wedge1INCH on this daily timeframe has formed a lovely falling wedge
These more often than not break out bullishly to the upside
It seems price is already starting to creep in that direction
Yes it is also confirmed that this falling wedge is only 1INCH in length
$1INCH ready for the breakout?1INCH has been flirting with the $1.3 resistance level lately, which is an ultra strong level, which we can also identify judging from the huuuuge volume that has formed at that price
I'm really looking forward to its breakout to enter, if that happens
if this scenario is confirmed we can enter a long position targeting the previous resistance (and 0.382 fibonacci level) which would be at about $1.43
also I want to mention the fact that 1INCH has good fundamentals and that I'm trying to only post technical analysis of coins/tokens which have fundamentals good enough to be even invested in
what do you think about this idea? let me know in the comments! also please drop a like and follow me if you found this helpful in any way!
1INCH long - 4hr bullish divergenceTheres a hullish divergence on the 4hour chart for 1INCH. It is also sitting on historical price support. It is due for a bounce. A clean target here is there price action resistance sitting above.
Could also watch the RSI, would stop out the trade if the RSI was to breakdown through the trendline.
Good luck.
(similar setup for GALA)
1INCH Is Probably gonna Be Bearish.1INCH is In a Broadening Wedge Pattern. The Price Haven't Done any Break out yet So This Means the Price WILL Range In This Pattern (For now). SO the Price is now Near the Middle of the Pattern But It has a Long Way Reaching The Bottom of the Pattern.It has touched the Support level (1.26$) Recently and did a Bullish Reaction to It. But It is Pretty weak to Rely on. Our Best Bet is the Bearish Movement. It can Reach 1$.
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Thank you for seeing idea .
Have a nice day and Good luck
1INCH/USD - Potential 500+% SetupHello Traders!
1inch completes the correction phase moving in a local downtrend. The price reached the buyers' interest zone of $1.05 - $1.58
In the visible trades volume profile, we see that the main volume is traded above the level of $2.54, which means that buying below the $1.58 price level will be very advantageous for the medium and long-term deals.
It is possible to gain a position in the range of $1.05 - $1.42. It's better to keep 25% of allocated funds for the deal in case of a price decrease to the price level of $0.76 though.
The targets for fixing of such purchases will be price levels
$4,26
$5,88
$6,65
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
🆓1inch Network (1INCH) Apr-10 #1INCH $1INCH
The selling force of 1INCH has decreased quite a lot and the buying power is gradually appearing when 1INCH approaches the $ 1.6 zone. So we can start accumulating 1INCH from $1.5-1.6 and expect a strong rally to $2.2 and $2.6 this April. However, if it loses the $1.5 zone, it might retest the dip 1.2$
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.5$ zone
🔴Buy : 1.6 - 1.5
🔴Sell : 1.9 - 2.2 - 2.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.5$ zone
🔵Sell : 1.5
🔵Buy : 1.35 - 1.2
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section