1INCHBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We have the R1 line. We have a bullish Butterfly pattern which shows that the price can be bullish. You can buy it here or wait for the price to break the R1 line and then buy. But if it goes down to our Stop Loss zone, there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
1INCHBTC trade ideas
Will 1INCH/BTC start attacking the resistance?1INCH exited the side channel and, responding to bad sentiment in the market, rebounded from the support at 0.00004242btc. Currently, we are approaching an attempt to leave the local downward channel, you should observe the entire market and information from the world of cryptocurrencies, which can help in assessing the situation.
1INCHBTC is trying to have a breakout 1INCHBTC is trying to have a breakout from the daily breakout after the price had a bounce and breakout from the descending channel.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Massive falling wedge on 1INCHBTCAfter a huge runup early 2021 1Inch has been correcting and slowly formed a falling wedge for months. Now it is close to the final stage and looks ready for a breakout. After the last touch of the bottom line a large daily candle with increased volume is indicating returning strength. I'll try to get an entry at the pullback still inside the wedge around 1665, leaving room for additional buys. SL just below the low at the lower line for the moment but willing to add and lower SL as long as it stays inside the wedge. Final target at 12420, first target 7398.