1inch
1INCH - Strong Sell!1INCH is still fighting the downtrend channel... and all platforms sign it as a "strong sell". The sell volume is high and it's super risky for now.
So what scenarios are there?
If the price manages to breakout the downtrend channel (Dynamic resistance), after a 4H closure outside the channel, we can consider it as a bullish sign.
But if the price keeps getting rejected by the channel, then the support areas for "short" traders are shown on the chart.
Good Luck
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🆓1inch (1INCH) May-23 #1INCH $1INCH1INCH is decreasing sharply and 2$ zone is an important support zone now. If it could stop the decline at this zone, it will have a big chance to recover up to 2.5$, 3$ and 4$ in the next few days
📈BUY
-Buy: 1.9-2.1$ if A. SL if B
📉SELL
-Sell: 2.4-2.6$. SL if A
-Sell: 2.9-3.1$. SL if A
-Sell: 3.9-4.1$. SL if A
♻️BACK-UP
-Sell: 1.9-2.1$ if B. SL if A
-Buy: 1.45-1.55$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
1INCH formed another bullish Shark for upto 166% big rallyHi, dear friends, hope you are well, and welcome to the new update on the 1inch token.
The previous Gartley pattern of 1inch token produced more than 65% profit.
Now this time on the weekly time frame chart, the price action of 1inch has formed a harmonic bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $3.41 to $2.52
Sell between: $4.56 to $6.72
Stop loss:
The maximum extent of the potential reversal zone to $2.52 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 166%, and a high loss possibility up to 27%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
How many inches can 1INCH go from here? 🤩Yep… 1INCH is breaking out from its EMA vs USD and also vs BTC ready for new ATH. And with ETH new ATH in the cards, things look promising for ERC20 Alts in general.
Do you agree? If so, what is the new ATH against BTC that you see? Feel free to share how did you reach that conclusion.
1INCHUSDT Good Entry!1INCHUSDTUSDT(4H CHART) Technical Analysis Update
Falling Wedge
1INCH/USDT currently trading at $5.20
Buy-level: $5.00- $5.20
Stop loss: Below $4.40
Target 1: $5.60
Target 2: $5.90
Target 3: $6.00
Target 4: $6.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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[1INCHUSDTPERP] Structural Fractal SimilarityPossibly a 10x move from here.
1INCH is a fairly new crypto, as well as Defi being new to crypto too.
Because the prices are only $2 higher than the exchange entry price, price discovery is very likely during this alt season.
The ghost bars show the price structure inside the bigger price structure (fractal). This means the prices must reach at least ATH ($6.66) if the fractal is valid.
This will be a long term trade since I have no idea when the prices will breach this level.
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get 1inch now before u wish u had bought .... 3x coming
No stop loss cuz market is too volatile now n we r trying to avoid touching stop loss then going up for targets after losing your coins
If price drops I will buy more n more
✅ Buy: $5.50 - $6.25 ✅
🎯TARGETS:
1- $ 6.67
2- $ 7.51
3- $ 8.45
4- $ 10.0
5- $ 11.4
6- $ 15.0
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): will be updated
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1Inch to $10 Before End of May? It's Becoming Probable.I believe we will see one more dip from BTC before the major run to test ATH. With that dip, 1inch will retest and I believe hold support at $5.20 and then after that, it will run up to find the trend line and Fib extension line at around $9.80.
1inch is a great project and I believe only going to grow from this point.
I expect 1inch Network to grab more market share.
1inch at this price is a value play with plenty of room to grow.
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DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
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1INCH - Consolidation (As you asked)1INCH did a great pump last week as we predicted in the last idea.
But the whole panic sells and also Twitter ruined it. it's ok tho, a correction is never a bad thing.
I've put the new resistance on the chart as you. can see, and there's also the new support field similar to the last time.
If you guy want to open long positions, wait until the price. crosses the resistance area and then after the first 4H confirmation, open your long positions. which is going to take a while.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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