1inch
1INCH - Short TF potential move & retest targets1INCH followed the market with a big sell off. initially having a fakeout to the upside of a near symmetrical triangle to then drop 30% below the bottom of it. Now forming 3 HLs on the hourly, the RSI is on the move upwards above the signal line. An entry on the retest of the signal line would allow for a 40% target to the tip of the symmetrical triangle which coincides with Januarys VWAP end price.
On a larger time frame, should the January VWAP flip into support, the next target would be the December VWAP, sitting at 2.81, which coincides with the 50% point of the July to September rally. the 0.618 fib level above this is 3.09, with the golden pocket at 5.20-5.49.
These targets face resistance levels on the way, but with the option of a tight stop loss of 3.5% below the first HL set a few days ago. This offers the potential for a very good risk-reward ratio.
Target 1 - 2.17
Risk/Reward = 10:1
Target 2 - 2.83
Risk/Reward = 20:1
Target 3 - 5.22
Risk/Reward = 60:1
1INCH trying to break through the resistance.Like the entire 1INCH market, he built a local growth line in 4h intervals. However, we must observe the behavior of BTC which has the greatest impact on what is happening with the market. it is worth noting that higher lows have been built, while the highs are getting lower.
Will 1INCH/BTC start attacking the resistance?1INCH exited the side channel and, responding to bad sentiment in the market, rebounded from the support at 0.00004242btc. Currently, we are approaching an attempt to leave the local downward channel, you should observe the entire market and information from the world of cryptocurrencies, which can help in assessing the situation.
1INCH/USD - Potential 108% SetupHello Traders!
The price of 1inch has tested the strong support level of $1.58. The RSI indicator on the daily timeframe shows that the asset is oversold.
It is possible to consider purchases in the range of $1.42 - $1.58, counting on the correction of the downward movement.
It is worth closing the position by a stop-loss if the price goes under the support level of $1.05.
The targets are Fibonacci levels:
$2,50
$2,83
$3,17
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Entering buyer's interest zone1INCH has strong fundamentals and had many dApp integrations in last months.
Due to bearish market conditions the coin is in oversold area now.
Good entry at current levels or even better when it gets closer to green line 1.95 - 2.05 zone.
Disclaimer: I am not a financial advisor and this is not financial advice.
Please always DYOR and feel free to share your comments, questions and thoughts below!
Same 1INCH cycle as last time! LOOK ! ! ! 🧐😱😱 Hello everyone,
At the same time as Bitcoin and Ethereum delete investors by jumping up and down. 1inch performs its previous moves with 100% efficiency.
After counting a sharp decline, it drew:
- #1 bottom
- correction
- double top
- fakeout
- #1 bottom
As since the last bearish market on May 23.
Do we have a chance for growth now? If the cyclicality continues in line with the last time, the answer is yes
Price soared by 362% in recent gains
If it goes that %high in the future, I'm aiming to retest the highest points (where I will be exiting some of the profits) and aiming further at FIB 1,618 that is $ 11.1 for coin
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greetings
1INCH Bull's Flag! TO THE MOON? 🔜🌖Hello everyone,
On the chart, I present you a flag pattern. Which from the book's definition, speaks of the continuation of the trend.
I go in, after breaking the top line of the formation.
If the price goes down I have a stoploss ready. It cancels the order with a smaller loss than the expected profit.
It is a quick entry signal.
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Greetings
1INCHUSDT Daily TA : 01.14.22 : $1INCHPossible trend of 1INCH ... All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
1INCH possible entryRather neutral market structure on the weekly timeframe so let's take a look at the daily. Here we can also see no real longterm trend. What we can see is a downtrend happening since the beginning of November.
I have defined two key resistance areas where the first one is also a key psychological area at $3. As you can see by my many arrows there are more than enough S/R contact points on both levels (my sincere apologies for the arrow overload).
In terms of candlestick we have a three white soldiers pattern with strong bodies forming.
If we can break the trendline, I'll be looking to enter with a conservative target around $3 and a more aggressive target at $4.
How are you feeling about this?
PREDICTED SCENARIO ON 1INCH !!!Due to the appropriate price pattern and divergence (RD+) in the 1inch chart, exiting this density can lead to attractive growth up to the specified range. Be sure to log in after the price has stabilized above this density in the daily time frame. *(Stay away from excitement!!!)*
*Leverage is not recommended.
1INCH - is going to break this trend line!1INCH globally has been in a downtrend for a long time. Locally, the price has been in accumulation for more than a month.
The formation of a trend line, which is currently acting as resistance, is worth noting. In case of a breakdown, there could be a good buying opportunity. We should also highlight that there is a volume at the bottom.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
1INCHUSDT , 1INCH 1D All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊 #1INCHUSDT ( 1INCH )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.13.2022
1INCH - Parabolic Breakout?! 💸1INCH has bounced off one of the 2 levels we mentioned before in our previous post. We can see that the parabolic curve is flattening, indicating that we may be breaking out soon.
For confirmation of breakout, wait for the break of the parabolic curve.
Trade Idea: (if you haven't entered on the bounce of structure already)
- Watch for breakout of parabolic curve
- Enter with stops below the recent lows
- Targets: 3.800, 5.500, 7.500, hold the rest
What do you think? Let us know below!
Goodluck!
1INCH breaks the trendline! My entrance to LONGA 🔜🔝🧐 Hello,
Today Bitcoin bounces off the backing line along with altcoins.
Entering after breaking the trendline will be a reasonable solution with a set stop loss.
On the 1inch chart, formed double short-term bottom, which should mean the price rebound only on that interval.
On the one-day timeframe, we will also see a "W", when the price retests on the resistance line and goes up.
Then we can already think about getting back on the way to the new ATH.
It looks very good, bullish.
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Greetings.