1INCH - Parabolic Breakout?! 💸
1INCH has bounced off one of the 2 levels we mentioned before in our previous post. We can see that the parabolic curve is flattening, indicating that we may be breaking out soon.
For confirmation of breakout, wait for the break of the parabolic curve.
Trade Idea: (if you haven't entered on the bounce of structure already)
- Watch for breakout of parabolic curve
- Enter with stops below the recent lows
- Targets: 3.800, 5.500, 7.500, hold the rest
What do you think? Let us know below!
Goodluck!
For confirmation of breakout, wait for the break of the parabolic curve.
Trade Idea: (if you haven't entered on the bounce of structure already)
- Watch for breakout of parabolic curve
- Enter with stops below the recent lows
- Targets: 3.800, 5.500, 7.500, hold the rest
What do you think? Let us know below!
Goodluck!
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