1inch Token: Exciting Entry Levels for Profitable Trading📈 Trader's forecast: 1inch token
Greetings to all traders and investors! Today, I want to share my forecast for the 1inch token. Using my mathematical model, I have analyzed the chart and identified two entry levels that could be interesting for buying.
The first entry level is at $0.38. I believe this is a good point to start accumulating this asset. The second entry level is at $0.35. I plan to buy the token at these levels in equal portions.
These are just my preliminary forecasts, and I will continue to monitor the market's development. If you have any questions or want to learn more about my new trades, stay tuned for my updates.
Please remember that cryptocurrency trading carries risks, and forecasts can be incorrect. Please conduct your own analysis and make decisions based on your own risk assessment.
Thank you for following my forecasts, and may everyone have successful trades! 🚀💰
1inch
1INCH#1INCH
The coin has been in long consolidation and downtrend, and recently finally the coin broke above resistance (blue line)
We can see the retest of the resistance line and long accumulation above 0.32$ price level
I expect that #1INCH will continue its bullish trend up to 0.9948$ only after breaking 0.59$ price level, which in future can Stand as good support zone for uptrend continuation.
If the coin doesn’t manage to break above 0.9948$ and rejects in this case, the price may come to 0.59$
Where the uptrend continuation is still possible
Only after breaking 0.9948$ - the way to 1.5993$ will be possible.
Where also bears can take the action. And only after breaking 1.5993$ - that means W close should be above this level - the coin will continue its uptrend toward to new Highs.
1INCH Price Target If you haven`t sold 1INCH here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is 1INCH.
I've set a short-term price target for 1INCH at $0.30.
Looking forward to read your opinion about it!
1INCH: Bullish pivot inbound?News are Great:
D EX Aggregator 1inch Debuts on Coinbase’s Base Blockchain :
1inch announced expansion across the Coinbase-incubated layer-2 blockchain, Base. 1inch also mentioned that Base is poised to gain advantages from “Coinbase product integrations and convenient fiat onramps,” which will also be extended to projects within the ecosystem.
The team also revealed the deployment of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Base.
1Inch is an asset i have always monitored but never 'touched' until now.
Time to Buy? Very likely yes as i see major support at 0.236 and a bullish structure for a potential breakout.
0.255 resistance will be tested and very likely can break higher to 0.31, 0.36 and eventually 0.78 main resistance.
One Love,
The FXPROFESSOR
1inch conservative targetsMost conservative targets for 1inch BINANCE:1INCHUSDT
Possible Targets and explanation idea
➡️Even with new lower low sooner or later main conservative targets will be reached
➡️Green block 27 zone accumulation range
➡️Marked Fix % block where you can fix % of profit or at least withdraw initial deposit
➡️Positive move will be at 50% of wick range - marked on a chart
➡️My MP indicator on W timeframe. 2 times MACD div. RSI div. 2 times big money inflow
➡️Time to fix profit will be in orange zones on MP indicator with triggers
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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1INCH investments zones for long termBINANCE:1INCHUSDT
Its not for traders, its for investors
➡️0.80$ at this current moment is real fundamental price for 1inch, everything in around this green line and under usually great time for accumulation
➡️-0.18 and -0.27 zones by fib, probably we will see this zones in June or end of May depends of FRS
➡️Daily histogram showing us, so we possible should forming one more red bottom higher low but on chart we will see lower low.
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Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
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1INCHUSDT|Short position from zone confirmation!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
technical: the coin showed good growth on confirmation of the trend line, the rebound was 13-15%, now a corrective movement down is expected.
You can try with current ones or for confirmation of 0.5 Fibonacci
Deal plan:
Entry - 0.2475/0.2490$
Stop - $0.2626
Take - 0.2418/0.2323$
Guys, altcoins are too volatile, be careful with your risk management!
1INCH looks bearishIt seems to be located at the end of a large symmetrical, that is, in the branch of the big i, which seems to be an abc of a larger structure (flat, diametric, triangle, etc.). It is expected that after moving in a limited range, it will move down again
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
1INCH/USDT What Next?? 👀 1INCH Today Analysis💎 Paradisers, gear up for a potential opportunity with 1INCHUSDT! Our observations indicate that it's currently trading within a demand zone, setting the stage for an intriguing scenario.
💎 In our previous analyses, we noted its consistent rejection from a formidable resistance level, with the price honoring that mark twice already. Presently, with its momentum sustained above the demand zone, there's a high likelihood of the price challenging that resistance once again.
💎 However, should it breach the demand zone, anticipate a pronounced downward trajectory. In such an event, we're optimistic that 1INCHUSDT will gravitate towards the support zone.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
Above 0.2756: Short-term uptrend beginsHello?
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(1INCHUSDT chart)
(1W chart)
The key is whether it can rise above 0.3564.
(1D chart)
The most important support and resistance points are 2.0362 and 5.142.
Therefore, the full-fledged upward trend is expected to begin when the price rises above 2.0362.
The key is whether it can rise above 0.2756 and maintain the price.
If this is not the case and it falls below 0.2482 and shows resistance, caution is needed as it may lead to a further decline.
The short-term rise is expected to be determined by whether the price maintains the price in the 0.2756-0.3455 range and moves sideways or rises above 0.3455.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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1inch is down almost 100% from its highest price levelHonestly I have no idea where is the next possible support level for this coin.
But, for short term perspectives I highlighted levels where the coin may come if it will break the resistance level (black line) and the orange resistance line to go higher. Otherwise if the coin wont manage to break through it, then you can try to short it. But honestly, I dont know where may be another support level because its already 100% down...
1INCH /USDT upward momentum?👀 🚀1INCH Today Analysis Paradisers, it's time to zoom in on 1INCHUSDT! After a period of relative quiet, this asset is now stationed in a demand zone and is gearing up for a bullish leap👀
💎 Recently, Bitcoin's big drop shook up the market, and 1INCH also felt the impact, moving downward despite this it looks like that 1INCHUSDT getting its groove back.
💎 Another observation is that after securing liquidity on the downside, 1inchNetworkappears to be regaining its momentum. Should it successfully cross above the EMA 21, we could be looking at a potent bullish surge.
💎 On the flip side, a breach of the current demand zone could trigger a significant downward move.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
1INCH (1inch) Token Analysis 26/04/2021Fundamentals:
1inch is a decentralized exchange (DEX) aggregator, connecting several DEXes into one platform to allow its users to find the most efficient swapping routes across all platforms. In order for a user to find the best price for a swap, they need to look at every exchange — DEX aggregators eliminate the need for manually checking, bringing efficiency to swapping on DEXs.
DEX aggregators work by sourcing liquidity from different DExs, meaning that they are able to offer users better token swap rates than they could find on any single DEX, in the shortest time possible.
1inch launched in August 2020 after a $2.8 million funding raise from Binance Labs, Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures and Divergence Ventures.
If you are a trader trading large amount of tokens, you may not be aware of all the availability liquidity across different DEXes in order to get the best price quote. Price quote offered by DEX fluctuates according to the liquidity pool at any given time. Also, when you are trading large size, every percentage of savings can be magnified with an optimal trading path. 1inch aims to solve all that in a single user friendly interface.
Pathfinder is the discovery and routing algorithm developed by the 1inch team. It is the algorithm the powers the backend to finding the most efficient route to swap a token. For example, if a user wants to sell ETH for WBTC, Pathfinder will explore all DEXes such as Uniswap, Curve, Balancer, DODO, Sushiswap, and more. The result is a recommended route that optimizes fees and liquidity in order to give users the best rate. Users no longer need to check each individual services in order to find the best price.
In December 2020, 1inch raised another $12 million in Series A funding, led by Pantera Capital, with others including ParaFi Capital, Blockchain Capital, Nima Capital and Spartan Group. The funding round was conducted through a SAFT sale (simple agreement for future tokens).
1inch in winter 2020 also launched Mooniswap, its own automated market maker (AMM).
In December 2020, 1inch launched its 1INCH governance token, and the 1inch Network began to be governed by a decentralized autonomous organization (DAO).
1inch is unique in that it provides instant governance for its users. This feature allows 1inch users to vote for specific protocol settings in the decentralized autonomous organization (DAO) model.
1inch is non-custodial, and all trades take place within one transaction from a user’s Ethereum-based wallet. As of December 2020, Oasis, Kyber Network, Uniswap, 0x Relays and others are integrated into 1inch’s protocol.
1inch was founded by Sergej Kunz and Anton Bukov over the course of the ETHNewYork hackathon in 2019. The two had earlier met during a live stream of Kunz’s YouTube channel (CryptoManiacs), and began entering hackathons together, winning a prize at a hackathon in Singapore as well as two major awards from Ethereum Global.
Prior to 1inch, Kunz worked as a senior developer at product price aggregator Commerce Connector, coded at communication agency Herzog, led projects at Mimacom consultancy, and then worked full time at Porsche in both DevOps and cybersecurity.
Bukov, currently the CTO of 1inch, had worked in software development since 2002, and worked in decentralized finance (DeFi) since 2017 on products including gDAI.io and NEAR Protocol..
The 1inch token launch was announced in August 2020. At the time, co-founder Sergej Kunz said that the token would be registered with a regulator, but did not specify which. According to Kunz, “the 1INCH tokens are not intended to be securities or an investment. The 1INCH tokens are intended to be used for their consumptive purposes on the 1inch Network, the 1INCH token protocols, and other applications that third parties may develop utilizing the 1INCH tokens and/or the permissionless blockchain-based decentralized 1inch Network." He added at the independent board of the Cayman Islands 1inch Foundation will support the adoption of 1inch tokens.
The 1inch token will be used to stake and participate in the governance of 1inch protocols by all holders.
The circulating supply on 1inch as of its release day on Dec. 25, 2020 is 6 percent of the total issuance, as well as .5 percent for the first two weeks of the liquidity mining program. The current total supply of 1INCH is 1.5 billion tokens.
Of the total token supply, 30 percent was allocated to community incentives, and they will be passed out over the next four years in order to create an incentive for community members to be involved in protocol governance.
Over a four-year period as well, 14.5 percent of the total supply will make up the protocol growth and development fund, used to issue grants, bring on developers and repay any users due to unforeseen circumstances.
Technical Analysis:
The Token is currently at the Retracement Phase, where we can see there are Multiple Support Areas defined by Fibonacci Retracement on its Bearish Pathway, where as each of them are having very significant podetial to Reverse the Bearish Trend to The Long Bullish Rally and send the Price to the New ATH.
There are total of 4 Targets Defined by Fibonacci Projection of the initial Impulsive wave and Expansion of the Retracement
the 1 TP is -27% of Fibonacci Expansion
2,3,4 TPs are the Projections
We get the 4 TP confirmation as the Price Triggers the 3 TP which is the 161.8% (Expansion) level of Fibonacci Projection followed by some price Correction and Retracements.
Navigating the Market: An In-depth Analysis of the 1inch TokenIn the rapidly evolving world of cryptocurrencies, it's crucial to keep a close eye on market dynamics. Today, our focus shifts to the decentralized exchange (DEX) aggregator, 1inch. In this article, we delve into the token's performance, providing a comprehensive analysis based on the 4-hour chart to understand the current state and future potential of the token.
Unpacking the Bollinger Bands
The Bollinger Bands, known for their utility in understanding market volatility, outline an interesting story for 1inch. The upper band stands at $0.5082 and the lower band at $0.3107, marking the confines of market volatility for the token. Meanwhile, the middle band - often considered a crucial moving average line - stands at $0.4095. This key figure could serve as a central pivot for upcoming price movements.
Fibonacci Levels: Reading between the Lines
Turning our focus to the Fibonacci retracement levels, we can glean potential market scenarios. The ceiling, as indicated by the 0 level, stands at $0.5935, hinting at a bullish outcome if 1inch catches upward momentum. On the other hand, the first level or floor is at $0.3135, marking a potential bearish target if the token succumbs to downward pressure. The half level sits at $0.4535 and might act as a short-term resistance level in the token's journey.
Indicators and Oscillators: An Ocean of Signals
The Relative Strength Index (RSI), currently at 44, denotes neutrality, with the token neither overbought nor oversold. However, the stochastic oscillator delves into the oversold zone at 1.78, potentially suggesting an imminent price rebound.
Conversely, the volume oscillator, currently at -33%, signals a decrease in trading volume, which could imply a possible period of consolidation or trend reversal. The OBV (On Balance Volume) stands at 327 million, reflecting reasonable investor interest at the current price levels.
MACD: Gauging Market Momentum
The Moving Average Convergence Divergence (MACD), showing 0.005, has the MACD line just above the signal line, providing a slightly bearish indication. If the MACD line crosses below the signal line, it might be interpreted as a selling signal, pushing traders to adjust their positions accordingly.
Taking Stock of the Situation
The 1inch token experienced a 10% drop in the last 24 hours. Its current market price, standing at $0.3617, rests between the middle and lower Bollinger Bands and below the half level of the Fibonacci retracement.
Given these market conditions, it's crucial for traders and investors to maintain a vigilant watch on the market and the 1inch token's behavior. Remember, every financial decision should be backed by thorough research and a careful consideration of multiple market factors. Stay informed, stay prepared, and as always, keep navigating the market.
adam&eve for 1INCH?I hold a good amount of 1INCH but I was waiting for another altcoins dump in order to buy more as TOTAL3 was clearly going down but XRP lawsuit kinda mixed up things for crypto and might set up a small bull season.
Anyway this is an Adam&Eve pattern and usually works out as I highlighted but I still think that if BTC doesn't turn 32K into support we will see more dumping.
Good luck
Will 1INCH price try to surprise everyone, or the show over now?Another "promising" project woke up as to us promised in 2021 - "the dead man" 1inch project)
In the second half of 2021, 1inchUSDT was probably launched, probably planning to make money on the hype of the "odor" from Defi boom.
But it didn't work out, almost immediately after the listing, the price of the 1inch token fell steadily, roughly speaking from $8-9 to the recent $0.25
Accordingly, as you might have guessed, this coin has a lot of "happy" investors who bought the token of a "promising" project. Especially large purchases of 1inchUSD were in t he range of $0.50-0.90
Is it worth buying 1inchUSDT right now? In our opinion, definitely not.
The 1inch price now is in the area of a strong mirror level + it has just hit the trend line.
If you believe in the prospects of the 1inch project and want to buy this token, then we have the following advice for you:
wait for a correction to $0.40 and then try to buy a little bit there
or wait for the 1inchUSDT price to break through and consolidate above a strong mirror level. This will essentially allow you to buy 1inch at +/- near the current price, but in a much more confident place.
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