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1INCH / TetherUS

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1INCHUSDT trade ideas

1INCHUSDT is testing the daily supportThe price is testing the daily support after the price lost the weekly support. The market got rejections from the dynamic resistance (the blue line) How to approach? IF the price is going to have a breakout from the weekly resistance and dynamic daily resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
8
1INCH/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. 1INCH/USDT just broke out the channel and already retested it. Entry: CMP or upside support level of the channel. Targets: 30%TO 40% Stop Loss: $1.72 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
by CRYPTOMOJO_TA
2
1INCH - Short TF potential move & retest targets1INCH followed the market with a big sell off. initially having a fakeout to the upside of a near symmetrical triangle to then drop 30% below the bottom of it. Now forming 3 HLs on the hourly, the RSI is on the move upwards above the signal line. An entry on the retest of the signal line would allow for a 40% target to the tip of the symmetrical triangle which coincides with Januarys VWAP end price. On a larger time frame, should the January VWAP flip into support, the next target would be the December VWAP, sitting at 2.81, which coincides with the 50% point of the July to September rally. the 0.618 fib level above this is 3.09, with the golden pocket at 5.20-5.49. These targets face resistance levels on the way, but with the option of a tight stop loss of 3.5% below the first HL set a few days ago. This offers the potential for a very good risk-reward ratio. Target 1 - 2.17 Risk/Reward = 10:1 Target 2 - 2.83 Risk/Reward = 20:1 Target 3 - 5.22 Risk/Reward = 60:1
Long
by Joeyqt