1INCH from 11/12/21After a small correction wave (BTC) with China's Evergrande FUD, the price dropped lower than I thought. So, the expected pattern was broken and it did seem to the first point of ABC wave.
I predict the price will move slowly to B, and forward to complete the correction Elliot's wave ( NFA )...
1inchusdt
Is 1inch going to pump again 😱❓1INCH, after a strong, fast 100 percent pump, corrected itself just as quickly by 40 percent. We can now see that the price has been in an accumulation for a long time and is starting to squeeze near the trend line. These are the signals of a breakout and price increase. A good buying opportunity will be after a breakout or retest of the trend line.
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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 at reversalOk, if you watch the chart at daily timeframe you can see the daily candlestick closed as an hammer on the bottom, a clear bullish candlestick however I'm presenting here the 4h chart as more explicative.
Beside the reversal candlestick billinger bands are squeezing (not shown here) and Stochastic momentum indicator presents a bullish DIV, moreover VLPR shows there's a good requested over current price, meaning this is going up. On the other side volume is kinda flat... not very promising to be honest, however before sudden movements it is always like this.
If you don't have 1INCH this is a good entry point, stop loss at 3.93USDT (my support line), I'd say the current price 4.43 is a good entry price.
Good luck
🦄1INCH- Round 2: C&H early assumptionAfter the last months pump which was a result of both very good setup(see related ideas) and 1inch listing on korean exchange upbit, the price is now back at level of previous highs, which is now going to be tested as support. If buyers manage to defend this level (4.01), we can expect another move to the upside this, or next month. EMA200(4h) is also supporting this area.
Entry: average buy 4.40- 4.10
Targets:
TP1: 4. 01
TP2: 4.41
TP3: 5.18
TP4: 6.30
TP5: 7.55 (~120%)
TP6: OPEN++
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About 1inch:
The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space.
The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum. In just over two years of operation, the 1inch Aggregation Protocol surpassed $80 bln in overall trading volume on the Ethereum network alone.
Source: coinmarketcap
1INCH POTENTIAL ENTRY IS HERE! BOUNCE COMING?This scenario is very very possible for 1inch.
I would wait for the trendline to get broken or buy at the limit entry zone when it gets triggered. 🔥
Hoping for 1INCH to give some bounce here, strong div on MAC.D as well.
All this is possible if bullish structure on alts hold and if Bitcoin doesn't dump on us :-D
GOOD LUCK, and give a like ;-)