1inch
1INCHUSDT (1INCH) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- 1INCHUSDT is obeying the predicted price action from my previous analysis.
- Price hit an ATH and retraced for a retest of the ascending trendline support ( ATS ), flip horizontal support ( FHS ) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- The retracement is resisted by the descending trendline resistance ( DTR ).
- Breakout above the this counter trendline could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance ( DTR ) and horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support ( ATS ) and the horizontal support level (S1).
🔥 1INCH Potential Horizontal Channel Break-Out1INCH has seen a very long consolidation period. It has lasted for more than 6 weeks now, severely underperforming other cryptos during this time frame.
This trade is based on the idea that 1INCH has a lot of lost gains to make up for, as well as a break-out of a horizontal channel.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
1INCH/BUSD Binance4H hollow candles.
This asymmetric triangle has formed so far.
Price breakout expected pretty soon. as this graph shows.
1inch Price (1INCH) = $4.13 +4.51%
0.00006931 BTC1.48%
0.002206 ETH1.59%
Good Luck
CryptoHellas Team
RED WEEKEND BEFORE BREAKOUT ?Good morning lads and ladies!
Here is a small update on the total market cap excluding BTC on the 4h time frame. The only one which looks bearish at the moment. No rush and no need to worry, all in all it is still very bullish on the major trend. We are still about to face some parabolic moves in the near future! It is all about risk management.
my idea:
While the 1, 2 and daily TF looks almost done dumping, the 4h is still showing some bearish momentum to me. The lower horizontal line is considered an important level to me. It seems likely to me that we visit this area before smashing resistance. Took some nice profits over the last two days and I am out of most margin positions, except GRT and 1INCH. Their risk-reward is very good atm, even if we drop more.
Shakeout before breakout. Risk management. Play safe.
Cheers!
1INCH Price at Trend line Support1inch cryptocurrency price at trend line support breakout above red zone is the most needed things.
you can buy 1inch cryptocurrency here at the trend line support , it can bounce from here and make the good breakout above the red zone.
this setup is very risky we will close the position when price hit the stop loss and re-entry only after when price close above the red zone.
Buy : 4.1 below
Stop : daily close below 4.7 below
Target : 4.53 , 4.86 , 5.2 , 5.6 , 6
bitcoin trading cryptocurrency trading is very risky so don't invest blindly and follow the trading setup with given stop loss.
1INCH Price at Support zone1inch cryptocurrency price at support zone can bounce from here this zone.
12 march bitcoin price dump no one can forget, so don't be greedy and use small position
1inch cryptocurrency token price also forming the good bullish divergence price must hold this support zone for the next trade.
1INCH usdt pair about to break 1INCH is forming an ascending triangle and now testing the uptrend support line. We will see a nice bounce here. The major resistance zone is $4.5 and if broken 1INCH ready for a new all-time high. Alts market looks good and we see a bounce in alts soon. Accumulate now for maximum profits.
Buy Zone: $3.9 - $4
Target: $4.4 - $4.8 - $5.15 - $5.45 - $5.9 - $6.25 - $6.8 - $7.4 - $8
1INCH (1INCH) Gearing Up For Breakout... Good UpsideUniswaps wild little unicorn brother....The Decentralized Exchange aggregator seems to be ripe for a potential breakout soon. We have a nice bullish trendline since December 25th 2020 and we're priming up for bullish divergence on the MACD.
As of right now 1inch still has less than a billion dollar market cap currently valued at $599,917,573 and Total Value Locked (TVL) is at $283,897,692. Alongside with their integration into Binance SmartChain, 1Inch recently reached a milestone total trading volume of $25 Billion dollars this week. This is strong project that's unique, has a strong community, growing user base, growing liquidity, and growing adoption. 1inch will grow more in the coming months. DEX's have nothing but utility lets see how this plays out.
Much love health and wealth!
1INCHUSDTP 1H Long setup; C-fork and bullflag consolidationTA explained
1INCH forming a C-fork and broke out of the trendline. Just above the trendline its forming a bull flag or a descending parallel channel.
Trade setup
Best entries: 4.0088 - 4.1235
TP1: 4.3268
TP2: 4.5260
TP3: 4.8091
SL: 3.8274
RR: 3.08
Max leverage: 2x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)