1INCHUSDT trade ideas
DEXs n other alts begging to start a small bag_ cost averg any1its tricky due to the market needing to drop down a bit and re establish lower support as that neck of a trading block in every alt to eth n btc needs some trade action and solid organic support over time not days or a few weeks (see market cap in crypto doubling almost tripled in 1 month as BTC ran from 18k to 30k_this is the neck or naked trading block that needs some attention)
when this crypto trend begins upward again after new support established. DEXs will hold way more power then last years run. the market is I like to think a bit wiser esp with inflated eth gas prices. Layer 2 is stiching up the cross chain movements within and off chain as well as reducing trade and minting fees. These dexs like Optimism,io launching their token (UNIswaps Layer Two project blessed by Vitalek) also SEE OTHER DEXs LIKE SUSHI SNX PANCAKEswap n others Like LOOPring ZKS even centralized CRO Voyager or VGX CHSB i meant the money needs to get on n off etc n play some how rite. also like some heavy DeFi or what ever we call it now players like AAVE YFI CRV LEND MKR then other blockchain ETH like projects ADA (this walled garden will specialize in KYC and third world blockchain infostructure development_ see Occam.fi or OCC n Cardwallet for deep market cap ADA eco sytem projects) DOT little brother and Asain located ETH n Fantom AVAX SOL n maybe a bit just a touch of MATIC BNB tokens for BSC Then we have on n off ramp or and cross chain specialized projects FOR ME ONE WINNER AS OF NOW _ COSMOS ATOM token then anything BTC or lightning network cuz thats where all the main crypto liquidity is. See DODO i could go on n on but just get in where u fit in and dont spread to thin until full time est uptrend in crypto is back
1INCH putting in a bottomI was gonna put a long position on this chart, but for a stop loss you guys can be reasonable. In terms of targets, I think the overhead diagonal resistance is one to watch but I think that price could very much sail through this resistance and to one of the overhead price action historical price resistance or fib level.
I know bitcoin is looking wobbly and we aren't sure if we are going to get another leg up from the recent up swing right away or not, but the 1INCH/BTC chart looks really good and looks like it has bottomed, and looks nice a flat, with a break to the upside on the 1hour chart with ichimoku.
🎯1INCH: 2 main targets for possible trade! Nice local short!1Inch continues its consolidation along with Bitcoin and the entire crypto market. After the local growth, you can see the weakness in the price of this alcoin, which we can take advantage of.
The key points on the chart:
at the test of the key level of $0.97 and the local trend line volumes decrease (example on the volume indicator). This indicates the absence of the buyer and the price can fall to the marked targets.
The main areas:
$0,99-1,01 - local resistance
$0,91-0,94 - local support, first and the main target for short trade . Below this area can be lot`s of long traders syop losses, so the shakeouts of this are is highly possible. In this way the big player accumulates long postition.
$0,77-0,80 - local support, second target with low possibility to happen, but this is the large value area on the horizontal volumes.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
1INCH/USDT-1D-BINANCE(RSI below and close to bearish trendline)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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1'' Bull Flag1inch has been consolidating inside this pattern with RSI, Momentum, MacD turning bullish. The Wave 3 target will take us to the .618 fib level (4hr). It looks like RSI will have enough momentum to break out at any moment. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones combined with patterns.
Little 1INCH long.The weekend volume has me a bit meh, and should wait really for the lagging strand to close above price and cloud, but the longer it stays here in this range, the sweeter will be the pop.
Could trail stops and close position early if again lagging strand crosses price.
1INCH/BTC looking very similar which is good.
1INCH/USDTfalling wedge pattern, the purple line is just an idea of a potential inverse head and shoulders playing out!
I would like to add half the TVL has left all dex exchanges in general, towards end of last year there was $110B TVL now there is around $55B TVL
1inch actually has a market share and is an aggregator, which gives best price for that swap.
Lots of catalysts coming up for $1INCH
1inch pro
Aave listing
Utility such as revenue sharing for 1inch holders
New protocol feature to be released, team is waiting for audits to be completed
Forum/governance discussions in regards to utility
1INCHIUSDT TREND LINE ANALYSISHi, everyone here.
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We look forward to a rebound.
We can face resistance in the green trend, but we expect to rise in the end
But if you don't break through the green trend, you can build a double bottom and raise it
1INCH bullish divergence 1day+4hourNice to seen the combination of bullish divergence on the 1 day and the 4hr for 1INCH/UDST.
(With bitcoin itself putting in a 4hour divergence, could help it)
Decent price target might be around the top of this falling broadening wedge, will elaborate further below...