1inchusdt
looks like 1INCH has awakenAssuming BTC won't mess things up looks like 1INCH has awaken. The hypothesis of an Adam&Eve formation I've pubblished some days ago looks like was correct. After the Eve formed and tested the neckline there was a retracement I've seen in differents A&E formations and then price broke out. The rectangle shows it formed a minor support which is pretty good for keeping going up
After my post I saw different interpretations of 1INCH's chart on socials and crypto channels, even if different from mine I was happy for two reasons:
1) all agreed with my view which was that the break out was close;
2) I was the first one noticing :D
I currently see a very little bearish DIV on 4h and daily RSI but this can be because bull wave is still happening. However if we have a retracement from here it's totally natural. Should the price dump I think a good entry point is at 4.76 (as indicated from the control line of volume profile).
I've been holding 1INCH for almost a month, exactly since I thought the retracement was over but then BTC messed up crypto. Unfortunately analysing well a chart isn't enough in this market because if BTC drops 1% people freak out and sell their alts. However if the project is good, sooner or later your patience is paid off.
I think 1INCH has the potential to reach double digit very soon, if it wasn't for the airdrop it'd be already there. Have faith and keep holding/buying it.
MID TERM TARGETS: zoom out, I've drawn 2 dashed lines: one is at 10$ and the other one is at 10.8$. First one is a psycological resistance, second one is 1.618 Fib line
💡Don't miss the great buy opportunity in 1INCHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (4.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 5.11
TP2= @ 5.48
TP3= @ 5.90
TP4= @ 6.33
TP5= @ 6.81
SL= Break below S2
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💡Don't miss the great buy opportunity in 1INCHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (4.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 5.11
TP2= @ 5.48
TP3= @ 5.90
TP4= @ 6.33
TP5= @ 6.81
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
1INCH/USD analysprice has broken an important area so i think after a little rest and side range it can reach the targets which i set in diagram fo you an you can set youre SL under the area but not with shadow(wait for close under area).
be carefull if you enjoy plz follow for more simple daily idea like this.
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.
_____________________
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 :)
1NCH is short-term bullish#1NCH / USDT ( X20 ) LONG
First Entry zone: 4.393
Second buy zone : 4.21
Stop loss : 4.04
Target 1 : 4.84
* This is not a very short-term trade as others. This trade could do different minor swing higher/lower before end.Our stop loss is far away but our target too.
Remember, set entry and target AROUND my info to avoid walls.
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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