1inch
1INCH - Bull flag continuation, buy the breakIf you missed the jump off with 1INCH this is another entry point or a chance to build position.
1INCH is in the process of forming a beautiful bull flag formation. local demand are is between 3.8-4 which is neckline of Macro Head and shoulders confirmed breakout, so now acting as strong support. Watch for 1INCH to break the upper trend and continue its bullish move, depending on relationship with risk, can wait for a strong close above last swing high pivot. Confirmation will be seen on RSI trend break and MACD bullish move
Invalidation will be trading below 3.8 on the 4H
₿ 1INCHUSDT 1D ₿ : 23.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask . what do you think ?? Bull or Bear ?? which scenario is more possible ??
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 23.Oct.2021
⚠️(DYOR)
1INCH-USDT - Breakout Sym.Triangle&DoubleTop | Target 4.20 1h tfHello Folks and Crypto Friends,
after a long way up for BTC and Down for ALTS
BTC Dominance is Falling Again... this will Boost Alts.
Luck for 1Inch which is on the break of a Symatrical Triangle 1h TF.
Which could also lead to break of the Double Top "W" PAttern.
BUY: 3,02 - 3,12
Target: 4.20
TP1:3,20
TP2:3,50
TP3:3,86
TP4: 4,20
SL: 2,806
If you want to be more save, always wait for the Retest.
So no financial Advice - Just my 4.20 Dollar :)
DIOR
Good Luck and have fun!
1INCH broke descending channelI had this descending channel for days waiting for it to break as I'm a holder and I didn't sell before Q1-Q2 dump.
Following the entire cryptomarket which today is green even 1INCH has pumped and finally broke the descending channel and it's currently testing a 4h resistance (in orange) although at 1h it seems to have been rejected at least once.
Usually channels get retested so I wouldn't be surprised if price touched upper band again but in the end the target by "book" it's on chart. If it manages to go over 3.47 next resistance, this time a daily one, is 3.92. From there, should the pump continue, we should reach Q1 price levels. If we capitulate I think 2.85-2.92 is a support.
I expected 1INCH to reach double digit in Q1, it's the only DEX project which isn't on those levels so when alts season starts again it should reach 10USDT at least because the project itself is good!
1INCH with Cup and HandleLike many other well-founded cryptoactives, 1Inch is another one that promises to pop the lid.
Again we have the "Cup and Handle" pattern, offering a good risk/return opportunity.
Upon breaking the cap, the first target could be at $7.5 with a 72% profit.
And the second target would be equal to the fulfillment of the first cup, which coincides with level 2 of the Fibonnaci extension, something around $11, with a 150% profit.
1INCH - 140+ day accumulation rally to break soon? - updateTaking another look at 1INCH after my recent post about the inv' head and shoulder pattern developing within a strong ranging 140+ day accumulation area, with very positive prospects of explosive upside if the 3.82 neckline is broken. Recently 1INCH broke the global trend with a strong bullish candle before seeing a strong sell off back down to the 3.0 range. The daily candle closed above the trend on the retest and we are now seeing positive growth again. Looking for a break above the near-term resistance of 3.36 marked in orange before a move up toward the neckline.
OBV has been trending constantly up on both the daily and the weekly confirming the accumulation and building volume pressure despite the ranging price. MACD is healthy and bullish trend is trading above 0. 10, 20 and 50 MA on the daily are stacking up neatly with the 20 soon to cross the 50 and hopefully signal a bullish continuation. Worth keeping on your watch list. Optimistically, potential mid-term 100% profit target if neckline breaks. Near-term targets marked on chart
I have been accumulating a position on 1INCH from the 2.5 range and will continue to add to this with each pull back to the 2.8-3 range. If we trade below the 2.5 I will halve my position and look elsewhere until 1INCH either bottoms again around the 1.6 or shows new signs of strength
If it wasn't for its logo I would probably be more committed to this token!