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1inchusdt

1INCH - Broke downtrend1INCH broke out of the downtrend channel right now but all platforms show a Sell situation, Also the upper Bollinger is holding the price down which shows that we might have a small correction. There are supports and resistance areas shown on chart, but personally I think we're going to see the price go down for now. So for a safe strategy: Don't buy for now. Either hold or long when the price hit any of the support areas. Current Market Price: $3.1180 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
1INCH - 6h. Be careful around the range of $3.6-3.75 The loss of the critical liquid range of $3.6-3.75 had a very negative impact on the 1INCH market participants. After a powerful wave of decline, which began on May 9, sellers managed to lower the price of 1inchusdt by 76%. The main trading volumes were recorded on May 19, when sellers began to break through the liquid price zone of $3.6-3.75. After unsuccessful attempts of buyers to regain control of this range, the price of 1inchusd continued its decline, however, at lower volumes . The decrease in investor interest below the range of $3.6-3.75 is clearly visible on the daily timeframe: As you can see, a systematic decrease in trading volumes even during local growth speaks of the fear of market participants and a reluctance to take risks in such a situation. Therefore, at the moment , a positive scenario for buyers will be a test of the range of $3.6-3.75. A new wave of decline will most likely start from this range. From how strong it will be, it will be clear how likely the scenario of the completion of the correction and the beginning of a new wave of growth is. For a positive scenario, buyers need to keep the range of $2.45-2.6. Otherwise, we will see an update of the local low. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
25
1INCH - Breakout Soon!Similarly to every other crypto pair, 1INCH recently underwent a massive drop and cancelled out all the gains it made this year. We could be setting up for another surge very soon if we break the 100EMA and the previous structure indicated in the chart. The price to watch is the $3.80 level which is our structure point. The other level we are watching is the recent bottom at $1.77. If we move correctively back down to that level, it could act as a spring to take us back up to all time highs!
by Altsignals
1INCH - Breakout Soon!Similarly to every other crypto pair, 1INCH recently underwent a massive drop and cancelled out all the gains it made this year. We could be setting up for another surge very soon if we break the 100EMA and the previous structure indicated in the chart. The price to watch is the $3.80 level which is our structure point. The other level we are watching is the recent bottom at $1.77. If we move correctively back down to that level, it could act as a spring to take us back up to all time highs!
by Altsignals
1INCH SHORTIf you like my content, please subscribe to me on Tradingview. If you don’t, please be kind and don’t be mean as everyone has their unique perspective on trades. ------------------------------------------------------------------ Why subscribe to me? - Simple Entry Points - Simple Exit Points - Simple chart break downs - No junk on charts ------------------------------------------------------------------ RISK DISCLAIMER: Not a financial advice. This is MY Speculative setup. Do your own due dilligence. Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is suitable for you. As such, take my posts as a form of entertainment and NOT Financial advice. As Markets can always change due to factors, Always be prepared to take profits off the table and run with free money. ----------------------------------------------------------------------- 🔸 Summary and potential trade setup Short 1INCH 4hour chart ::: Point Of Entry – 2.46 ::: Point Of Exit – 0.73 ::: Period : One/ Two week period from date of post ::: Potential : Approximate 70% profit depending on Point Of Entry -------------------------------------------------------------------- RISK DISCLAIMER: Not a financial advice. This is MY Speculative setup. Do your own due dilligence. If you like my content, please subscribe to me on Tradingview. If you don’t, please be kind and don’t be mean as everyone has their unique perspective on trades. Thank you
Short
by zlimz
1INCH - Strong Sell!1INCH is still fighting the downtrend channel... and all platforms sign it as a "strong sell". The sell volume is high and it's super risky for now. So what scenarios are there? If the price manages to breakout the downtrend channel (Dynamic resistance), after a 4H closure outside the channel, we can consider it as a bullish sign. But if the price keeps getting rejected by the channel, then the support areas for "short" traders are shown on the chart. Good Luck Tell me your ideas. Like and Share
by ShawnMCR
1