As you can see 1INCH is in a clear downtrend, painting a textbook bear flag. On lower time frames (15 mins and below), its clear that our volume indicator is going down while price is going up, suggesting distribution.
1INCH/BTC is also in a clear downtrend with bearish divergences and distribution there as well.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.