1INCHBTC
1INCH IS A STALLION, $30 DOLLAR MOONSHOT (12X)HELLO FELLOW TRADERS & HAPPY HOLIDAYS!
Today we will consider the trading pair 1INCH/USDT
Almost a year ago (just 3 days from now), 1INCH was listed on binance on christmas day with an opening price of $0.2 and shot up to $3.089 in that same day. Fast foward a few weeks/months later and 1inch would go ahead to make new ath's of $7.875 in May making it a +3800% growth in price from the day of listing.
After a slight correction, 1inch found itself trading just around the 0.382 fib retracement support level . making a low of $1.618 late july.
should that be the bottom for the DEX coin, we can say the +3800% increase in price serves as a first wave extension (as long as it doesnt touch the 0.5 fib support).
Should this be the case, we can then proceed to take our fib tool (green fibonacci) and measure from starting point of the blue fib( ath ) to the 0.618 level (red) and target just under the 1.618 resistance level (black) for our wave 3 target, giving us a target of about $30.
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MERRY CHRISTMAS AND HAPPY HOLIDAYS🎄
1INCH/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick 1inch/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-1INCH/USDT 4 Hour Update
The double bottom has bounced and the upside continues as we can buy here in CMP with 5X and 10X low leverage and hold 1, 2, 3, and 4 for targets.
Entry:-$1.52,$1.63
Traget:-
T1:- $1.69
T2:- $1.74
T3:- $1.82
T4 :-$1.90
Stoploss:- $1.42
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
1INCHBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We have the R1 line. We have a bullish Butterfly pattern which shows that the price can be bullish. You can buy it here or wait for the price to break the R1 line and then buy. But if it goes down to our Stop Loss zone, there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Will 1INCH/BTC start attacking the resistance?1INCH exited the side channel and, responding to bad sentiment in the market, rebounded from the support at 0.00004242btc. Currently, we are approaching an attempt to leave the local downward channel, you should observe the entire market and information from the world of cryptocurrencies, which can help in assessing the situation.
1INCH possible entryRather neutral market structure on the weekly timeframe so let's take a look at the daily. Here we can also see no real longterm trend. What we can see is a downtrend happening since the beginning of November.
I have defined two key resistance areas where the first one is also a key psychological area at $3. As you can see by my many arrows there are more than enough S/R contact points on both levels (my sincere apologies for the arrow overload).
In terms of candlestick we have a three white soldiers pattern with strong bodies forming.
If we can break the trendline, I'll be looking to enter with a conservative target around $3 and a more aggressive target at $4.
How are you feeling about this?
1INCH - is going to break this trend line!1INCH globally has been in a downtrend for a long time. Locally, the price has been in accumulation for more than a month.
The formation of a trend line, which is currently acting as resistance, is worth noting. In case of a breakdown, there could be a good buying opportunity. We should also highlight that there is a volume at the bottom.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.