1INCH 12h Global Idea, Support and Resistance LevelsIn the digest "Bitcoin weekend" №12 you asked to consider the trading pair 1INCHUSDT
Once you please, we see and do :)
First, check out how our previous idea 1INCHUSDT worked.
We are especially proud of the depicted level of $6.2984 and the absolute maximum of the price of 1INCH $6.33 after which a correction began.
Now the price is in correction, and since we rarely analyze this coin, we will write out several routes so that you can be guided by them:
1. Liquid zone $5.00-5.40 only after the price consolidates above, we can expect continued growth to the $10.50 area
2. If sellers protect the liquid zone of $5.00-5.40, then we can expect the price to fall to $2.80-3.00
Aggressive purchases in this area could trigger a global rise of up to $23
3. If the market situation will be bad, the price of 1INCHUSD may fall even lower at $2.10-2.30
However, the prospects of the altseason in this case will open a global goal of $33
While this idea was being written, the thought came to my mind that now 1INCHUSDT is similar to DOTUSDT a few months ago, compare.
What do you say, is there a similarity? Will there be such strong growth? Write about it in the comments.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
1INCHUSD
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/USD - Breakout approaching, get ready! 1INCH is at the end of this large descending triangle. A breakout is due soon, therefore watch the price action as it will give us a clear sign where we're headed next.
The resistance so far pushed us lower every time, but we found good support on $3.5. With a bit of momentum I'd expect us to break out. This is because RSI has been making higher lows every time and MACD on daily wants to pump.
I am bullish biased, but best to wait for a confirmation before entering at this point. If you bought the support level, then wait, let your stop loss do it's job should we fall, but I find that unlikely.
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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
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 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
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
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
1INCH 4hr chart waiting for breakout? + Project reviewActually, I'm still holding my 1inch.
I bought more and more 1inch around $3.8-4.2.(Most of my 1inch bought from $1.35)
- 1inch have more than 50% correction after ATH.
- We have more than 30days for the current correction period. Will end soon?
- $3 is 1inch very strong support level
- Using the Fib Projection, 1inch may go to Fib 1.618 ($8.39) even more in next round.
- In 4hours chart, seems 1inch is breaking the down trend.
For more development details of 1inch,
1inch exchange also can support BSC chain now.
Users can using 1inch exchange with lower gas fee and faster transaction time.
1inch exchange users, twitter followers , staked token and volume also keep growing.
And 2021 still is the Defi year and many people waiting for ETH upgrade to solve the gas fee issue. (Actually 1inch not only base on ETH chain now)
Therefore, I trust 1inch is still undervalued and which is a high potential project.
This is not financial advice. Just my point of view.
you're welcome to leave your comment if you want further discussion.
1INCH Looks good, Preparing for another Rally1Inch is successfully breakout the symmetric triangle and now ready for the next wave. Decentralized Exchange (DEx) coins are performing well because of the increased volume and number of users on DEx. This is a good time to buy 1Inch and hold.
Buy Zone: $3.8 - $3.95
Target: $4.5 - $5.1 - $5.8 - $6.3 - $6.9 - $7.5 - $8.1 - $8.8 - $9.4 - $9.9
1INCH Trading Setup1inch decentralize exchange token made good breakout of the trend line.
what is the impact of stimulus bill on bitcoin?
bitcoin price also moving higher because of US stimulus bill support. bitcoin price today made impressive bounce above from 47K to 50K. many bitcoin price prediction here but bitcoin looks overall bullish with such big stimulus bill we can see really good price jump.
other alt cryptocurrency will also move hard with bitcoin in USD pair.
Long this 1Inch token here below 4$ with stop 3.4$
hold when price close above 4$ on daily chart.
1INCHUSDT LongAscending Triangle forming, Clean Structure, Higher lows squeezing into resistance. Seller pressure being squeezed out at neckline. buy on the retest, rounded or immediate (1 or 4h). Look for confirmation candles like strong wicks and/or hammers/engulfs. Be Mindful that if bitcoin takes a sh*t, this will too.
Good Luck.
1INCHUSDT (1INCH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- 1INCHUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
1INCH/USD - Approaching apex, time to decide! 1INCH is quickly approaching the blue apex of this formation. I expect price to soon give us a reaction.
We have a good support just under current price at $3.5 which would also present a good buy opportunity. On the other hand, if we breakout of this apex and go higher, we should find some resistance at $5. Then ATH is next.
Best to wait for confirmation before jumping in as this could go either way, but I lean bullish since the overall market remains very bullish so long as BTC does not drop out of the blue.
The indicators on 4h are a bit bearish, but I expect us to find support above $3.5 and so long that holds, we will turn bullish on higher timeframes which will allow us to gather sufficient momentum to go higher.
For now, wait for price to lead the way and enter once we have a breakout. If you are bullish, buying support is a good idea.
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1INCHBTC (1INCH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- 1INCHUSDT is printing a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and previous swing high horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
1INCH/USD - Under key resistance, can we push ahead? 🟠1INCH is approaching quickly the key resistance level between $4.2 and $4.5.
The indicators are looking bullish and BTC will allow most of the market to recover if it maintains its price above 50k.
The volume on this last push is not looking too bad and we have a good chance to push up to $4.5. However that level may be tricky to pass on first try as it was tested as support many times before and now it will certainly be a tough resistance.
For now I remain bullish and that stays so unless we break below this ascending triangle in blue.
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