1INCH – Potential 42% gainsBUY: 4.460 – 4.775
TARGETS:
1) 6.38
2) Trail stop and let it run
STOP: When a 4h candle closes below 3.88
Rationale:
-Price has been trading below a key resistance zone and just broken above
-after breaking resistance it tapped the trendline support and fell back to the earlier resistance zone.
-Price re-tested this area and bounced off, confirming it is now acting as support
-Price is holding well above EMAs which is bullish
-Price should now test the trendline resistance again, and once it break it, price will move to the previous high.
Your risk, your reward. This is not financial advice.
Happy trading.
1INCHUSD trade ideas
LONG " 1INCH "AS YOU SEE ON THE PATTERN, 1INCH GETTING READY 4hr Chart
It looks to need a bit more time to huge spike but you can use for a day trade " % 5 - % 7 profit "
after a fake bear trap, using 3.5 as a support, you could get in on the 13 - 20 ema
1st price target: 5.30
2nd price target: 6.30
it's Not financial advice.
Decentralized Exchange (DEX) vs. Centralized Exchange (CEX) What is 1inch?
1inch is a decentralized exchange aggregator that sources liquidity among various exchanges and is capable of splitting a single trade transaction across multiple DEX’s.
Smart contract technology empowers this aggregator to enable users to optimize and customize their trades.
How is a decentralized exchange (DEX) different from a centralized exchange (CEX)?
Unlike CEXes, no central authority or third party is involved in the operation of a DEX. As a result, the user retains full control of their funds stored or traded on DEXes, which offers a higher degree of security than CEXes. While CEXes are believed to be faster and offer generally better user experience than DEXes, the latter have recently shown significant improvement in this area.
What you as a trader do need to know about 1inch future potential:
1inch is the leading DEX aggregator when it comes to quickness and providing good fees on the ethereum network. This project is currently sitting around 700mil mcap and is expected to be a worth 7 billion working project. You can do the math.
technical wise:
1inch did a bullish breakout on the daily bar chart recently and is currently in retest mode. Since I am very bullish on altcoins and DeFi, I wouldn’t be surprised to see 1inch leading DeFi round 2.
If you got any value out of my post from today. Leave a comment and a like to show me if I did a good job or not.
Cheers!
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.
Crypto Market & 1INCH Technical Analysis & Predictions 3/14/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
1INCH UPDATEHey Guys!
Today we are facing 1INCH on the daily bar chart. It has a very bullish set up to me. There are, obviously, more buyers than sellers. Last week it bounced to 0.618 which I expect to be bottomed. With ETH starting to make big moves, I wouldn't be surprised if all altcoins enjoy great upward movement. MACD bullish crossover on the daily is also a clear buy signal for me personally. No reason not to be long on this one. But of course, this provides no financial advice. This is just what I am thinking. Expect 1INCH to hold up strong during monday.
Cheers!
Do we see 10 1INCH SOON?Hi guys!
1INCH is the leading DEX aggregator, and since DEX (decentralized exchange) is becoming more and more popular I'll expect this one to play a major role. Currently around 300mil mcap. TVL about 6 billion. It has room for at least a 10x! Volume leads the way. I also have drawn some lines about how price could move. This, of course, is not financial advice.
Cheers!
Crypto Market & 1INCH Technical Analysis & Predictions 3/1/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
1Incher 2.21.21 Rock hard and ready1inch looks alot like Uniswap and may be following daddy unicorn. I see no reason why its not and it actually looks alot like Uniswap did. Hard to tell if its distributing a round top or putting in a base. With uniswap making a 50 percent move its possible we see the aggregator. Nice support at 5 dollars if you really want the best entry. I dont try and time things i just get in and let it ride