1INCH trying to break through the resistance.Like the entire 1INCH market, he built a local growth line in 4h intervals. However, we must observe the behavior of BTC which has the greatest impact on what is happening with the market. it is worth noting that higher lows have been built, while the highs are getting lower.
1inchusdt
1INCH/USD - Potential 108% SetupHello Traders!
The price of 1inch has tested the strong support level of $1.58. The RSI indicator on the daily timeframe shows that the asset is oversold.
It is possible to consider purchases in the range of $1.42 - $1.58, counting on the correction of the downward movement.
It is worth closing the position by a stop-loss if the price goes under the support level of $1.05.
The targets are Fibonacci levels:
$2,50
$2,83
$3,17
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
*Insert pun* - 1INCHUSDT (Long-term analysis)1INCH has been trading near its support since December 2021 and looks ready to move up further. Over the past 4 days, it has had a change of trend and began to push toward short-term resistances.
For ease, I have marked the daily (long-term) and 4-hour (shorter-term) supports and resistances with % changes. I hope you find this useful whether you are a holder who likes the project and is looking to accumulate or a trader.
With it currently testing its 20-day EMA and looking good on other indicators, I think 1INCH can break its 4-hour resistances soon. Coupled with a more bullish recovery in BTC (i.e. push above ~45.6k) it can reach its daily resistance quickly.
What are your thoughts?
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments and thoughts below!
1INCHUSDT Daily TA : 01.14.22 : $1INCHPossible trend of 1INCH ... All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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?
PREDICTED SCENARIO ON 1INCH !!!Due to the appropriate price pattern and divergence (RD+) in the 1inch chart, exiting this density can lead to attractive growth up to the specified range. Be sure to log in after the price has stabilized above this density in the daily time frame. *(Stay away from excitement!!!)*
*Leverage is not recommended.
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.
1INCH - Parabolic Breakout?! 💸1INCH has bounced off one of the 2 levels we mentioned before in our previous post. We can see that the parabolic curve is flattening, indicating that we may be breaking out soon.
For confirmation of breakout, wait for the break of the parabolic curve.
Trade Idea: (if you haven't entered on the bounce of structure already)
- Watch for breakout of parabolic curve
- Enter with stops below the recent lows
- Targets: 3.800, 5.500, 7.500, hold the rest
What do you think? Let us know below!
Goodluck!
1inch Network (1INCH) Buy Zone1inch Network (1INCH) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Retesting one of our most important long term 1inch Network supports, it's enough of an argument to short this bottom.
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$1INCH/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 2.125 - 2.25
TP 1 : 2.335
TP 2 : 2.455
TP 3 : 2.675
TP 4 : 2.87
TP 5 : 3.128
TP 6 : 3.39
TP 7 : 3.725
TP 8 : 4.29
Stop Loss : 1.925
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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1INCH cryptocurrency – consolidation with a range of 200%It's been 3 months since 1INCH cryptocurrency is in the deepest depression. What can be worse than a sharp market reversal, given that even this morning the situation was as positive as possible?
That's exactly what happened to 1INCHUSDT cryptocurrency investors on October 27. On the chart you can see a big spike in volumes and an abnormal candle on a large timeframe.
On the one hand, this is a signal for continued growth. But the fact of global consolidation is important here, in which the price of cryptocurrency 1INCHUSD has been moving since May 2021. Buyers on high volumes failed to break the global consolidation upwards. This fact was the signal for sellers to act. In our previous forecast , we expected a more subdued 1INCH price correction.
The formation of the "Cup and Handle" pattern , which indicates the continuation of the trend, had great chances to work out. But Bitcoin's price weakness and the general negativity in the cryptocurrency market forced 1INCH price to continue falling to the lower boundary of the global consolidation.
Cryptocurrency 1INCH completes a wave of decline
If you look closely at the continuation of the fall in price 1INCHUSDT after December 4, it becomes clear that the sellers' forces are running out. Yes, the buyers haven't shown themselves and haven't shown interest in starting a new wave of growth. But as we know, the price is very manipulative during the consolidations and it is easy to start a sharp reversal without volume and candlestick pattern. You can see this when you see how the reversal of 1INCH cryptocurrency started in July 2021:
The chart clearly shows that after the weakness of the buyers and the renewal of the local low, the sellers had no more efforts left. Analyzing the situation now we also see low trading volumes and weak sellers' initiative. Therefore, globally, in the wide range of $1.85-2 is a good entry point for a long-term investment with the target of $6.4.
The first local target in this long-term trade is the range of $3.5-3.8. In this range may be a good chance to close part of the position on the cryptocurrency 1INCH and try to re-buy it lower on a local correction.
The price of 1INCHBTC has stopped moving since December 2021
Analyzing the price movements of 1INCHBTC , you can see a global wave of decline, starting from January 2021. But even within this decline wave, we see that the prospect of price growth is about 100%. We do not exclude the probability of decline attempts, but we see them in the form of false breakdowns of the liquid zone of 0.00005 . Given the nature of 1INCHBTC price movement and low trading volumes recently, we expect a strong upward price impulse. It is after such an impulse that we need to closely monitor the market to see how many sellers it has left. This information will tell us how strong the new growth of 1INCH cryptocurrency may be.
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1 INCH👨🏻🏫 1INCH bounce from the support. If the sentiment will hold - we will break the resist and go higher.
⛔️ But always use SL. No discussion about SL. This is important and protect you. When the price is higher you can move your SL higher (to the entry positon for example).
ℹ️ The next important thing is:
- take profit! always. TP 1 - 30%; TP2 50%; TP3 20% (it´s about you).
✅ TP1 - 2.8 usd
✅ TP2 - 3.3 usd
✅ TP3 - 4 usd
⛔️ SL - 1.95 usd
1INCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see that the price has had an extreme fall to the support line days ago and now it is testing that area again. We can consider it to be a double bottom. If that is the case then the price needs to break the R1 line and move up to the next resistances. If it breaks the support line then 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
1INCHTrend is your friend...
Tight SL - 10.36%
TP are marked... for me is 67% a lot of money. But if you wanna wait, probably you can see higher price...
RRR is 6,49 ...
If BTC will drop again the price can hit SL. If we drop under green support, it will be cruel time... You can restart the trade at the bottom (green range) and take profits on the way up.
...still in entry zone.