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
1NCH is short-term bullish#1NCH / USDT ( X20 ) LONG
First Entry zone: 4.393
Second buy zone : 4.21
Stop loss : 4.04
Target 1 : 4.84
* This is not a very short-term trade as others. This trade could do different minor swing higher/lower before end.Our stop loss is far away but our target too.
Remember, set entry and target AROUND my info to avoid walls.
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/USD - Breakout approaching, get ready! 1INCH is at the end of this large descending triangle. A breakout is due soon, therefore watch the price action as it will give us a clear sign where we're headed next.
The resistance so far pushed us lower every time, but we found good support on $3.5. With a bit of momentum I'd expect us to break out. This is because RSI has been making higher lows every time and MACD on daily wants to pump.
I am bullish biased, but best to wait for a confirmation before entering at this point. If you bought the support level, then wait, let your stop loss do it's job should we fall, but I find that unlikely.
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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
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
1INCHUSDTP 1H Long setup; C-fork and bullflag consolidationTA explained
1INCH forming a C-fork and broke out of the trendline. Just above the trendline its forming a bull flag or a descending parallel channel.
Trade setup
Best entries: 4.0088 - 4.1235
TP1: 4.3268
TP2: 4.5260
TP3: 4.8091
SL: 3.8274
RR: 3.08
Max leverage: 2x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)