bull flag on continuation

I had posted a signal on 1INCH some days ago, after it failed to make a support of 3.929 USDT we had a drop which tested the 3 days McGinley, probably due to entire market retracement. At this point 1INCH bounced back and as you can see squeeze momentum indicator is showing the squeeze is starting to get released which indicates further pumps. At 4h timeframe we have a candle which should close in 2h and if if it closes over 3.929 then this will be officially a new support.

Overall by book this bull flag should take 1INCH price around Q1 levels. I think it's time 1INCH goes double digits, it's the only major DEX token which isn't there yet, but this cannot happen unless we touch Q1 price levels.

Note

great pump but too big, we're going back to retest support at 5.271 or at least close to that! Overall good 1INCH showed some spark, hopefully this is the start of a new bullish wave

Note

Support at 5.27 didn't hold, if reversal will happen at 0.786 as most of the times does then we're close to price starting again going up

Shotokhan

I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"

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Shotokhan

I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"

Also on: