1INCH/USD - Consolidating before pushing towards $12!1INCH has formed a patter that is similar to LIT and MATIC and is consolidating in this yellow channel which I expect us to break out of soon.
Once we break-up I can see 1INCH pumping hard towards $12. That may take a while, but it is a good target once we move away from this channel. Check out MATIC as the fractal is similar.
The indicators on daily are about to explode on the bull side and with a bit of luck and some more bullishness from ETH (provided BTC does not spoil our party here) 1INCH should push higher against the current resistance. Once that is cleared we're good to pump hard.
As such, aim to enter a breakout, that would be the best risk/reward entry on this formation. Don't think we will bounce between resistance and support for much longer.
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1inchusdt
1INCH DEEP IN YOUR... [RISKY]1INCH has been trending sideways in this channel for a while now.
With the news yesterday that they released their 1INCH DeFi wallet and C.Z. (CEO of Binance) tweeting an hour ago (at the time of writing this) announcing that Binance is an investor in the 1inch Network then I believe that this might be the next coin to pump.
Do I believe in it? I don't really know much about it. But I believe with the recent news this can go up in by a good amount in the next upcoming days.
In regards to the Technical Analysis of it, the MACD is showing crossing upwards and showing bullish movement.
Suggested buy-in: $5.5 and under.
Suggested stop-loss: You could set a stop loss under the trending channel. But this is a RISKY HOLD. As of right now I won't be setting any stop loss but I would recommend that you decide this for yourself. I will update this step if I end up feeling cold feet about it.
10$ 1inch is coming1inch On The Go
1inch (1INCH), a DEX aggregator, has launched a mobile wallet for iOS devices, which allows users to exchange tokens on the move.
Besides the usual swap transactions, the app will support ‘stealth transactions’, which apparently keeps your trades hidden from external observers, thus reducing the risk of front-running.
The initial release will include speedy transaction signing, real-time price quotes, and also integration with the Apple Watch and iCloud.
OMGUSDT - Ready To Make New Highs! 😲Price has been supported by the major trendline for quite some time now. We saw a bounce off the trendline indicating upwards momentum. Watch for bull flags on smaller timeframe.
1inch punching back!1inch gave an inch and was taken for a mile by BTC.
It looks to be punching back and making some strong moves.
Still a relatively small market cap coin it has lots of room to grow and can start making noise in the DeFi space.
Looking at the macro picture you can see 1inch has big potential.
It's currently within a range that it's been consolidating within since February! Very strong resistance at the 6.10 level.
RSI, MACD and market momentum though are on our side.
A measured move from at the break out point would have us going to 19 in the near term and 40 by this summer.
Obviously recent history has shown us that 1inch like other small market coins are at the mercy of BTC. So any major dips can see us tumbling down again.
A move below the 3.5 area would see us tumbling way way down.
BINANCE:1INCHUSDT
1inch btc good expectationsHi Traders,
I posted my idea on 1inch. This analysis is applicable on both btc and Usdt pairs. As you can see the trend remains positive we can see higher highs in future. Wait for it and trade safely.
What you guys think about it let me know in comments section.
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Have a nice day
Thanks 👍👍
FANTOM - Target $1 Bullish Scenario🥳After the major impulse in February, we are seeing price making an ABC correction back to the 200EMA and 78.6 fibancci level. Target is $1 and above!
SRM - SOL Wil Drive it Higher 📈We have 2 areas of interest which line up nicely with different trend lines. First is the major trendline where we can see the 100EMA support. Price has already bounced off there but if we see that break, the next area to look for buys is the 200EMA support where we can see a parallel channel support and it would complete the ABC bullish correction for a move higher!
SRM - SOL Wil Drive it Higher 📈We have 2 areas of interest which line up nicely with different trend lines. First is the major trendline where we can see the 100EMA support. Price has already bounced off there but if we see that break, the next area to look for buys is the 200EMA support where we can see a parallel channel support and it would complete the ABC bullish correction for a move higher!
$ 1INCH vs USDT in 1d. 23 April 2021
Bitcoin is in danger zone of $49,000, if you break that support and look for supports the 40k$, 42$; it is possible that 1inch will also go back even further to look for a stronger support than the current one
Probability 1. (50% occurrence): Consolidation between $3.3 to $ 3.50 to break the resistance of $ 4 - $4.5 in the next months
Probability 2. (20% occurrence): break the last resistance in 1d of $ 5 to $6.5 and go up to $ 8 while maintaining the price
Probability 3. (30% occurrence): Fall sharply and quickly to $ 2,5 and if 1inch fails to consolidate at this price, the next drop is to $ 2
1INCH/USDT Big Breakout to new Highs with a 80% Move 1Inch USDT pair has been ranging within a Ascending Triangle
and consolidating since printing its previous ATH .
We have a measured move of 80 percent as you
can see within the chart .
There are 2 ways you can trade this, you can either fill longs in the area
I have highlighted and use a SL managing your own account percentage risk
or WAIT for the resistance to be broken with
a candle close outside of the resistance and then Long.
This move will take us too the 1.618 fib Extension for some handsome returns .
* PLS note however that its important to monitor how BTC is trading before taking trades in ALTS
as these setups can have there setbacks depending on BTC movements .
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1INCH bullish preparationWe're getting close to a bullish move given that the 200EMA is close and the MACD indicates a bullish crossover too.
So we probably are going to see a movement towards the resistance.
Just watch the bitcoin and if it comes back to the 60k this scenario has a very high chance.