1INCHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
According to the sharp fall of the Bitcoin during the past day, other currencies are also subject to falling. 1inch has also been no exempt from these fillings.
The supports ahead of it are drawn on the chart. We will still predict further falling until Bitcoin calms down.
The market is very risky so we ask you to manage your open signals.
There is a famous quote that goes “The market never ends but your property does”.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
1inchusdt
1INCH/USD - Ranging before breakout? 1INCH bullish! 🚀1INCH has painted a very clear consolidation in this channel which I expect to break-up at some point.
The indicators are turning bullish on 4h and if this moves to daily, then I see us gather enough momentum to push beyond this resistance.
Volume is also looking healthy here, so this move has legs, question is will we be rejected at resistance and we need to try again or will we push higher this time?
We will soon find out. Either way, bias is bullish and remains so as long as we don't break under support.
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1INCHUSDT Clear Path UP 🆙I been waiting for this decision by 1INCH
Took rather sometime to make up its mind.
Finally the Buyers convinced us they are ready to go up ☝️
Breakout flag 🏁 seen
After completing a kind of symmetrical work of art. 4H view
I will take entry at $4.4 - $4.698 range
Weekend is here . Cause for Concern
But 1INCH has given direction.
After initial resistance
Final TP : $5 - $6 resistance lid.
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1INCHUSDT (1INCH) - PRICE ACTION ANALYSIS ANALYSIS 🔎
- This analysis is a price action prediction on 1INCHUSDT.
- This analysis comprises of two setups.
FIRST SETUP (RETRACEMENT)
- The retracement
- 1INCHUSDT hit an ATH and is on verge of a short term retracement.
- The market is consolidating in a rectangular pattern.
- This rectangular consolidation pattern is known as the distribution phase (wyckoff method).
- According to Wyckoff method, the distribution phase is a pre downtrend phase (bearish build up phase).
- Price action is printing the double top pattern.
- A double top pattern is a bearish reversal pattern.
- RSI is printing a bearish divergence signal.
- Breakdown below the double top neckline support and the distribution phase horizontal support level could lead to a retracement to the ascending trendline support, flip horizontal support and fibonacci retracement levels confluence.
- Sell entry ⬇️ : breakdown below the distribution phase horizontal support level.
- Targets 🎯 : fibonacci retracement levels, ascending trendline support, flip horizontal support.
- Setup invalidation : breakout above the distribution phase horizontal resistance level.
SECOND SETUP (UPTREND CONTINUATION)
- The uptrend continuation.
- This setup remains valid if the first setups plays out as expected (the retracement happens).
- At the test of the fibonacci retracement levels, ascending trendline support confluence and flip horizontal support level, the market will experience a relatively high buying force (concentration of buyers).
- This buying force could lead to the uptrend continuation.
- Buy entry ⬆️ : fibonacci retracement levels, flip horizontal support, ascending trendline support.
- Targets 🎯 : horizontal resistance level (R1), ATH resistance, Fibonacci extension levels.
- Setup invalidation ❌ : breakdown below the ascending trendline support.
Enjoy 🥂
1INCHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
As you can see the price has come out of the triangle and is moving toward its resistance. We expect higher prices for this token.
Of course it is possible that it will range on this resistance line before it resumes its uptrend.
If Bitcoin calms down, we can expect higher prices for this token even up to 8 dollars.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
💡 Don't miss the great buy opportunity in 1INCH/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.55). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. 1INCH/USDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 5.12
TP2= @ 5.45
TP3= @ 5.85
TP4= @ 6.30
TP5= @ 6.77
TP6= @ 7.35
SL= Break below S2
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ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in 1INCH/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.55). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. 1INCH/USDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 5.12
TP2= @ 5.45
TP3= @ 5.85
TP4= @ 6.30
TP5= @ 6.77
TP6= @ 7.35
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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
1INCH/BTC testing 3D support1INCH / BTC
Currently setting on and testing 3D support
If this Support hold for next few days ..we can expect a pump toward trendline resistance and hoping for Breakout there
If we lost this Support will move to second strong one
Take care while trading alts these days because BTC Dominance
Good luck