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1INCHUSD

1INCH/USD - We broke the ascending channel, but recovered!1INCH had a nice correction after breaking the ascending channel and now we recovered most of that loss from the past two days. Now we find ourselves at this resistance (dotted line) which is a rather odd formation as we have support right below it as well... I expect price to quickly leave this range, either up or down. The indicators suggest a bullish bias, so the most likely scenario is that we go up from here after maybe bouncing a bit in this range. MACD on 4h just crossed on the positive side so with good volume we should be going up soon. I was concerned about our daily indicators, but we're curving up there now, so this move up can be sustained. Overall bullish! Watch this level as once we're out of this channel between support and resistance we have some quick gains to make. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
2
1INCH/USD - Ready for $7! 1INCH has finished its short correction and now is turning back up from support towards $6 and likely $7 soon. Buying this support line was a great opportunity for a long with a target at $6-7. 1INCH can pump very fast, so these levels may be reached quite soon. Question is if we will go above $7 to set a significant higher high? The reason I say this is because we are forming a bearish divergence on daily RSI which may not be confirmed now (we can still pump for some time) but eventually we will get a significant correction after a new high / ATH. When will that happen is hard to know, but best to have stop losses in place and ride the waves as long as they last. Once we break this ascending channel, it's time to look for shorts. Like and follow if you liked this idea. Also join my crypto community to stay in touch!
Long
by DU09
6
1INCH/USD - Give me that $6 now! 1INCH has been a very greedy coin lately, pushing higher without much concern. We had a short consolidation period in this descending triangle that we broke out of yesterday and now we retested it as support and quickly moved higher. There is little hope for $6 to hold as we will blast through it soon (provided we do not fall off from this large ascending channel). Resistance levels on the chart. Once we turn positive on MACD I expect us to push higher. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
2
1INCH/USD - Going to $6 or will it cooldown?1INCH has been tremendously resilient in the face of any dips in the market and pushed higher in a sustained gain as soon as we passed the previous ATH. Now we are hovering around $5 with some indecision in price action on what to do next. There are two possible scenarios as always, we continue up with a good target around $6 or we correct further towards $3.8 where we have good support as indicated by the Fibonacci lines and also the ascending channel we find ourselves in. Falling out of this channel would be quite bearish and unlikely. Hence as we stand now, I remain bullish on 1INCH, but watch out for some potential correction towards support. The indicators still look bullish to me, however there are some signs we may need some cooldown as indicated by the MACD histogram that has been ticking lower for the past day. There is no negative cross yet, but that could happen, we just need to be patient to let price guide us. I would not enter now, we need to break our previous high first or fall to support. Those would be good entries. Like and follow if you liked this idea!
by DU09
2
$1INCH - New ATH is AwesomePosted a couple setups on the brilliant DeFi coin over the past week. Again a simple bull flag break and it popped Brilliant gains in short time - the power of proper DeFi and crypto I'd like to see it stay above 2.85, failing that 2.6, and create a new range/flag we can play some breakouts off of as it does seem that the only way this thing wants to go is up Bearish divergence on the 4HR helped solidify the top which formed the new ATH on this coin that has only been around for just over a month
by InvestmentsHub
1INCH There is a growth perspective but the volumes are alarmingTo your attention another token of the decentralized ecosystem - 1INCH. We will not describe the goodies that the token carries with it, who are interested, all infa is freely available. We will describe the support and resistance levels and how they should be interpreted. Now the price of 1INCHUSDT has renewed its high, which was set a month ago after the listing. From a technical point of view, the token price is now skillfully testing the upper level for strength and trying to turn the previous resistance level into a support level. If buyers manage to keep the 1INCHUSD price above the zone of $2.50-2.65 , then an increase at least to $4 can be expected. The growth does not look very natural, there are no volumes, the price is directed to where it is necessary for "interested parties". We wrote more about such manipulations yesterday in the ALPHAUSDT idea. And even earlier, they wrote about the manipulator's work in the XTZUSDT idea . Read if you are interested in understanding the psychology of market behavior in a crypt. If buyers do not take the initiative in pushing the price up, then the value of this young token may fall to $1.50 , and this will be considered a good price anyway. _______________________________ 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 :)
by P_S_trade
8
1INCH/USD - Ascending triangle towards $4!Can 1INCH double soon in price? Hell yeah! 1INCH is a decentralized exchange (DEX) aggregator where people can quickly swap ERC-20 tokens from Uniswap/SushiSwap and other platforms at the best possible price! 1inch.exchange We are now at the top resistance of this ascending triangle which may push us lower before we can break-out. Nevertheless, I expect us to break-out soon and move quickly to $3 and then $4. Target points are on the chart. The indicators are also looking good with a bullish MACD cross telling us momentum is in favor for a bullish move. We have to see how long this resistance line keeps us in the triangle, but the set-up is very clear to me. Aim to buy a break-out and watch volume as we go up. If all things click, enter at breakout or when we re-test resistance. 1INCH token was recently released on Christmas 2020 and is one of the HOT DEFI coins to flirt with. :) Like and follow if you liked this idea!
Long
by DU09
2