1inch
1INCH 12h Global Idea, Support and Resistance LevelsIn the digest "Bitcoin weekend" №12 you asked to consider the trading pair 1INCHUSDT
Once you please, we see and do :)
First, check out how our previous idea 1INCHUSDT worked.
We are especially proud of the depicted level of $6.2984 and the absolute maximum of the price of 1INCH $6.33 after which a correction began.
Now the price is in correction, and since we rarely analyze this coin, we will write out several routes so that you can be guided by them:
1. Liquid zone $5.00-5.40 only after the price consolidates above, we can expect continued growth to the $10.50 area
2. If sellers protect the liquid zone of $5.00-5.40, then we can expect the price to fall to $2.80-3.00
Aggressive purchases in this area could trigger a global rise of up to $23
3. If the market situation will be bad, the price of 1INCHUSD may fall even lower at $2.10-2.30
However, the prospects of the altseason in this case will open a global goal of $33
While this idea was being written, the thought came to my mind that now 1INCHUSDT is similar to DOTUSDT a few months ago, compare.
What do you say, is there a similarity? Will there be such strong growth? Write about it in the comments.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
1INCHUSDT (1INCH) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- 1INCHUSDT is obeying the predicted price action from my previous analysis.
- Price hit an ATH and retraced for a retest of the ascending trendline support ( ATS ), flip horizontal support ( FHS ) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- The retracement is resisted by the descending trendline resistance ( DTR ).
- Breakout above the this counter trendline could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance ( DTR ) and horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support ( ATS ) and the horizontal support level (S1).
🔥 1INCH Potential Horizontal Channel Break-Out1INCH has seen a very long consolidation period. It has lasted for more than 6 weeks now, severely underperforming other cryptos during this time frame.
This trade is based on the idea that 1INCH has a lot of lost gains to make up for, as well as a break-out of a horizontal channel.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
1INCH/BUSD Binance4H hollow candles.
This asymmetric triangle has formed so far.
Price breakout expected pretty soon. as this graph shows.
1inch Price (1INCH) = $4.13 +4.51%
0.00006931 BTC1.48%
0.002206 ETH1.59%
Good Luck
CryptoHellas Team
RED WEEKEND BEFORE BREAKOUT ?Good morning lads and ladies!
Here is a small update on the total market cap excluding BTC on the 4h time frame. The only one which looks bearish at the moment. No rush and no need to worry, all in all it is still very bullish on the major trend. We are still about to face some parabolic moves in the near future! It is all about risk management.
my idea:
While the 1, 2 and daily TF looks almost done dumping, the 4h is still showing some bearish momentum to me. The lower horizontal line is considered an important level to me. It seems likely to me that we visit this area before smashing resistance. Took some nice profits over the last two days and I am out of most margin positions, except GRT and 1INCH. Their risk-reward is very good atm, even if we drop more.
Shakeout before breakout. Risk management. Play safe.
Cheers!
1INCH Price at Trend line Support1inch cryptocurrency price at trend line support breakout above red zone is the most needed things.
you can buy 1inch cryptocurrency here at the trend line support , it can bounce from here and make the good breakout above the red zone.
this setup is very risky we will close the position when price hit the stop loss and re-entry only after when price close above the red zone.
Buy : 4.1 below
Stop : daily close below 4.7 below
Target : 4.53 , 4.86 , 5.2 , 5.6 , 6
bitcoin trading cryptocurrency trading is very risky so don't invest blindly and follow the trading setup with given stop loss.
1INCH Price at Support zone1inch cryptocurrency price at support zone can bounce from here this zone.
12 march bitcoin price dump no one can forget, so don't be greedy and use small position
1inch cryptocurrency token price also forming the good bullish divergence price must hold this support zone for the next trade.
1INCH usdt pair about to break 1INCH is forming an ascending triangle and now testing the uptrend support line. We will see a nice bounce here. The major resistance zone is $4.5 and if broken 1INCH ready for a new all-time high. Alts market looks good and we see a bounce in alts soon. Accumulate now for maximum profits.
Buy Zone: $3.9 - $4
Target: $4.4 - $4.8 - $5.15 - $5.45 - $5.9 - $6.25 - $6.8 - $7.4 - $8