1INCH / TetherUS
Long
Updated

1inch Network (1INCH) - 10x

6 854
On the above 5-day chart price action has corrected over 90% since Spring of 2021. Now is an excellent moment to be long. Why?

1) A strong buy signal prints (not shown).

2) A break out from price action and RSI resistance.

3) Multiple oscillators printing positive divergence over 12 weeks. Amazing.

3) The target is around $4. Some of you know why some of you don’t.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 10x
Trade active
As Moloko says - The time is now.
Trade active
The time is now (again).

Up 75% since publishing. Up 55% since last ‘trade active - the time is now’.

The is the 2nd ‘trade active - 2nd the time is now’

It’s almost like there’s a cheat code. How do I know?
(Look in the comments!)
Trade active
GRM support confirmed. And it is strong, multiple occurrences. Those of you in the know, well you know. Those of you that don't, you can ignore this update.
Note
past resistance confirmed as support
Trade active
This is the 5th time support has confirmed since June!

What does this mean? Simply this, no matter price action buyers will step in time and time again at 30 cents.

Usually a continued test of a resistance or a support level would an indication of a breakdown/up. However in this circumstance price action resistance was and remains broken, which is good if you're long.
Trade active
A month ago to the day this signal printed on the 1inch-btc pair. Now the opposite. What will you do?


snapshot
Note
Watching this one very closely.. an alarm on price action resistance has now triggered. That is a good thing.
Note
support confirmed
Trade active
GRM support confirmed
Note
Past resistance now confirmed as support
Trade active
Note
1inch-btc pair confirms support on past resistance.

Next resistance is at 90 cents.
Trade active
Past resistance confirms support.

Happy New Year everyone!

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