1inch
1Inch - huge bullish pattern completingI expect price reverse to the upside in 2-3 weeks from today.
Assuming a large flat pattern with the wave (c) in its final stage, next move up has the potential of x4 just to tag the ATH.
Wave (b) did not break the high, therefore I expect a reversal to take place as the wave (a) on the chat will be broken.
Good luck and follow this post as I will update the structure and my entry here.
Good luck!
1Inch - buy ideaSince the last post the pair made an impressive move up.
On my working time frame I would like to show a potential nice entry:
- retest of the flat channel
- test of the lower boundary of the future base channel - price has tested/ pulled back by 38%, that should be the median of a base channel, and the next leg down may likely test the 62%.
Trade safe
The 1INCH rebounded from the resistance at $ 2.09.Hello everyone, let's take a look at the 1D 1INCH to USDT chart. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.89, if the support breaks down, the next one is $ 1.75 and $ 1.65.
Now let's move from the resistance line, as you can see, the first resistance is $ 2.09, on which the price has already rebounded, if you manage to break it, the next resistance will be $ 2.30, the next one is $ 2.60 and the next one will be around $ 2.99.
Looking at the CHOP indicator, we can see that most of the energy in the 1D interval has been used up.
1INCH - Massive Gains To Be Made! 😱1inch is almost at the bottom and is currently dirt cheap. From a technical standpoint, we are finishing the ABC correction and about to start the next impulse.
It is important that we wait for the bullish price action first before jumping. There is a chance 1inch can move lower and bottom out to near enough 0 - which would give us another chance to get in at the cheapest price possible and make incredible exponential gains.
Trade Idea:
- Watch for the first bullish price action
- enter with stops below the lows
- Targets: 5.500, 7.500, 10, 12.500
Massive gains to be made here. Keep a close eye on this!