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1inchusdt

1INCH - a coin i likeI like 1INCH. I think they are a good team and I ca see them having a positive future. Chart wise, it managed to breakout from the falling broadening wedge. Its not trying to hold the resistance as support. Play 1 What i would really like to see is the consolidation get stronger and stronger, and for the price action to creep up towards the overhead resistance and breakout. I would want to couple this with the 1 hour timefame price action and lagging strand to be above price and clear of one another. I can then see a clean rally to 0.799. A second target point of 0.849 lines up nicely with historical price action and also the fib extension. Play 2 We lose support here, and this sort of sideways channel/mess that is form and make our way to the 0.5 and 0.618 fib mappings. Thinking that the 0.618 would be a great buy; sitting inline with historical price resistance (flip to support). Wothwhile checking the 1INCH/BTC chart as always.
Long
by t_trad_coach
1INCH - Watch For First Impulse ⚡️After the massive impulse in the first half of 2021, we have been correcting ever since. We are approaching the bottom and price is making a really nice descending correction. We are watching for the first impulse to break the red trendline to confirm that the bullish reversal has begun. We can see that we've also got divergence at play indicating a reversal is coming. Trade Idea: - Watch for the first bullish price action - enter with stops below the lows - Targets: 5.500, 7.500, 10, 12.500 Goodluck and as always, trade safe!
by WicktatorFX
1INCH putting in a bottomI was gonna put a long position on this chart, but for a stop loss you guys can be reasonable. In terms of targets, I think the overhead diagonal resistance is one to watch but I think that price could very much sail through this resistance and to one of the overhead price action historical price resistance or fib level. I know bitcoin is looking wobbly and we aren't sure if we are going to get another leg up from the recent up swing right away or not, but the 1INCH/BTC chart looks really good and looks like it has bottomed, and looks nice a flat, with a break to the upside on the 1hour chart with ichimoku.
Long
by t_trad_coach
🎯1INCH: 2 main targets for possible trade! Nice local short!1Inch continues its consolidation along with Bitcoin and the entire crypto market. After the local growth, you can see the weakness in the price of this alcoin, which we can take advantage of. The key points on the chart: at the test of the key level of $0.97 and the local trend line volumes decrease (example on the volume indicator). This indicates the absence of the buyer and the price can fall to the marked targets. The main areas: $0,99-1,01 - local resistance $0,91-0,94 - local support, first and the main target for short trade . Below this area can be lot`s of long traders syop losses, so the shakeouts of this are is highly possible. In this way the big player accumulates long postition. $0,77-0,80 - local support, second target with low possibility to happen, but this is the large value area on the horizontal volumes. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
6