1INCH/BTC { 1INCH } - BULLISH SETUPANALYSIS 🔎
- 1INCH/BTC is bounded in the falling wedge pattern.
- Price is testing the falling wedge's support.
- The downtrend swing is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could lead test of the falling wedge's resistance.
- Further breakout above falling wedge's resistance could lead to test of the horizontal resistance levels.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the descending trendline resistance.
- Limit entry: test of the falling wedge's support.
TARGETS 🎯
- Short term targets (black arrow pointer): falling wedge's resistance.
- Long term targets (blue arrow pointers): Horizontal resistance levels (@0.0001334, @0.000167).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
1inch
1INCHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has been able to break the resistance. If fixed above the line, it can touch the above targets. We have drawn two support lines for you dear ones that can be supported in case the price falls.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
1INCH Long Idea1INCH has broken the resistance line of an ascending channel which has been retested and now it is acting as a support. On HT RSI and MACD are showing bullish momentum. We bounced off of the daily Supply zone but I will risk here by opening Long position anticipating the volume and the bullish momentum to push the price higher and Supply zone to be broken and retested.
NFA
ALCX vs 1INCHI hodl both and wanted to understand if one was moving faster than the other. Using ratios, I can see ALCX is outpacing 1INCH in price increases.
Market cap of ALCX is much lower 250 million vs 1billion roughly at time of writing, ALCX supply is lower as well 564,595 total circulating ALCX VS 380,884,858 1inch so no wonder it's moving faster.
This also means it could crash faster if the market runs into any turmoil in the coming weeks. Feels like we are OK but you never know.
Will wait for a minor correction and then probably move my 1INCH into ALCX as they have 80% APY staking currently.
What would you do?
Not trading advice, just documenting my thoughts to learn from in future.
1INCH - Watching Closely...The last time we analysed 1inch, we broke out of the ascending correction and we were expecting a drop back down below $2. Price then went on to create a double top before dropping more than 50%!
The move up we're seeing now isn't convincing. We could be revisiting the $1.60 soon for a double bottom reversal! Keep an eye on this...
1INCH - Watching Closely...The last time we analysed 1inch, we broke out of the ascending correction and we were expecting a drop back down below $2. Price then went on to create a double top before dropping more than 50%!
The move up we're seeing now isn't convincing. We could be revisiting the $1.60 soon for a double bottom reversal! Keep an eye on this...
1INCH/USDT bullish Trend should continue (for now!)Hi every one
1INCH/USDT
1INCH/USDT is ranging in an Ascending channel in small timeframes like this one which is in 3H timeframe. as you can see the price should continue to Increase because the price has touched the bottom of the channel and that there are Hidden Bullish Divergences on Both MACD and RSI Indicators (+HD). so the price should definitely continue It's Bullish trend right now .
summery:
-1INCH is in an ascending channel
-several Bullish signs are on the chart as well
-The bullish Trend should continue
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
1INCH Falling Wedge1INCHUSDT Daily Chart Falling Wedge Pattern.
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#1INCHUSDT Ready for Pump. BREAKING OUT!Welcome to this trade setup, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
1inch is breaking out now.
Inverse H&S Breakout with multiple retests on the neckline. SHows signs of accumulation.
ENTRY: $2.05 TO $2.20
TARGETS:
$2.27
$2.32
$2.39
$2.47
$2.55
Stop Loss : $2.03
DYOR before taking this trade.
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