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1INCH / TetherUS PERPETUAL CONTRACT

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1INCHUSDT.P trade ideas

1INCHUSDT is testing the support. New bullish impulse soon?The price is inside a descending channel and the market is testing the the demand zone on 0.58$ area. The price needs to grab new liquidity and create a clear breakout from the 0.6$ area. How to approach it? IF the price is going to have a breakout and retest the 0.6 area as new support, 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. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
18
1INCH - Potential SHORT -15MIN/1HR - Binance for BINANCE:1INCHUSTrading view post: Trade Status: ACTIVE Trader: Drizzzled (AUS) Trade Type: LONG (RE-ENTRY/DCA ABOVE previous entry post) - N/A ON THIS TRADE -breakout trade/not retrace trade Entry 1: 0.585 (entry 1 box options) -if missed focus on next entries. Don’t stress. Entry 2: Entry 3: Entry 4: Entry 5: Entry 6: Entry 7: Stop Loss: Entry 1: Gann stop loss - 0.570 (entry 1 only) -5-10% move from your chosen entry 1 -slightly above/below entry/key resistance -1:1 or to own personal risk factor Entry 2: 0.578 Entry 3: Take Profit Targets: -0.600 (200ema tp) -0.620 (.618’s tp) -0.634 (800ema tp) - - Comments: N/A ON THIS TRADE -move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit. -emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too. -by all means you can long from the daily open to these higher target ‘short’ entries. -you don’t have to enter at ‘entry 1’ if you would rather enter higher. -level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.
Long
by Drizzzled
2