1INCH / TetherUS
Long

1INCHUSDT

288
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a 4-hour-time frame analysis for 1INCHUSDT

Here we have R1 that used to a support area and S1 used to be a resistance line and the disability of the price to rise is obvious. And S2 is the support line which includes the support of the price at some points. Therefore, the price is fluctuating over S1 and we expect it to have a pull back to this line and here we will consider our long position and then a rise to R1 would be expected for it. Even it is less probable for the price to fall below S1 and face more decline.

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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.