1INCHUSDT completed Cypher | Upto 56.5% move expectedHi friends hope you are well, and welcome to the new update on 1inch token.
On the daily chart, the price action of the 1inch has completed the final leg of bullish Cyhper and entered in the potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 56.5%, and the loss possibility is 13.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
