1INCH with Cup and HandleLike many other well-founded cryptoactives, 1Inch is another one that promises to pop the lid.
Again we have the "Cup and Handle" pattern, offering a good risk/return opportunity.
Upon breaking the cap, the first target could be at $7.5 with a 72% profit.
And the second target would be equal to the fulfillment of the first cup, which coincides with level 2 of the Fibonnaci extension, something around $11, with a 150% profit.
1inch
1INCH - 140+ day accumulation rally to break soon? - updateTaking another look at 1INCH after my recent post about the inv' head and shoulder pattern developing within a strong ranging 140+ day accumulation area, with very positive prospects of explosive upside if the 3.82 neckline is broken. Recently 1INCH broke the global trend with a strong bullish candle before seeing a strong sell off back down to the 3.0 range. The daily candle closed above the trend on the retest and we are now seeing positive growth again. Looking for a break above the near-term resistance of 3.36 marked in orange before a move up toward the neckline.
OBV has been trending constantly up on both the daily and the weekly confirming the accumulation and building volume pressure despite the ranging price. MACD is healthy and bullish trend is trading above 0. 10, 20 and 50 MA on the daily are stacking up neatly with the 20 soon to cross the 50 and hopefully signal a bullish continuation. Worth keeping on your watch list. Optimistically, potential mid-term 100% profit target if neckline breaks. Near-term targets marked on chart
I have been accumulating a position on 1INCH from the 2.5 range and will continue to add to this with each pull back to the 2.8-3 range. If we trade below the 2.5 I will halve my position and look elsewhere until 1INCH either bottoms again around the 1.6 or shows new signs of strength
If it wasn't for its logo I would probably be more committed to this token!
1INCH/USDT : Break above the trendlineBINANCE:1INCHUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if your share your opinion on this post and hit the like button if you enjoyed it !
#1INCH has break above the bearish trendline and now it's holding above the latest resistance line.
EMA50 had a bullish crossover on EMA200 and now volatility is bullish.
In micro TF, $3.5 will be last resistance line standing below $4.
🔴 Invalidation will be a candle close below the recent breaker zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
₿ 1INCHUSDT 1W ₿ : 17.Oct.2021Update: As we can see, in the weekly time frame, the price is involved with the POC Line volumetric resistance and is one of the most powerful resistances in front of the price ... If the price can break this resistance, the next important resistance is $ 4, which is from 6 months. The past has not been able to close above this range so far ... so if the $ 4 resistance is broken, the price path to climb will be smoother and the next targets will be clear on the chart.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Oct.2021
⚠️(DYOR)
1Inch Analyze October 16As you can see, according to the chart above, this digital currency after breaking its long-term dynamic resistance (red line), to the intersection of short-term dynamic resistance (blue dashed line that can be seen in the chart) and static resistance (orange area) and It also hit its $ 200 moving average resistance at $ 3.5 and failed to break it.
The recent short-term correction of this currency can be considered as a kind of pullback to the broken resistance and the absorption of momentum necessary to overcome the hard resistance of $ 3.5. A good entry point for the resistance is $ 3.5 and its high stabilization.
1INCH - 140+ day accumulation ending soon?Put 1INCH on your watch list if you haven't already. 142d accumulation beneath key level. Defi token forming an inverted head and shoulders, OBV on the daily is clearly bullish and already trending above key level, signalling a strong accumulation. MACD is healthy. RSI recently broke local trend - will be looking for it to reset above the 50 to confirm bullish sentiment.
Watch for the breakout
1INCH - Double Bottom Soon?1inch has been consolidating on the higher timeframe. We can see that recently price made a double top and is moving down slowly. We saw a tap of the 61.8 fibonacci and the target fib of -0.27 lines up with the double bottom which would be a great place to look for buys.
Until then, look for shorting opportunities such as bear flags to take us back down to the bottom.
1inch token#1iNCH USDT 4H Chart SIGNAL by CryptolernersBD
♻️ 1inch Day Chart Looks Super Bullish. We Can Take Multiple Entries.Invest Small Ammount.
❌ Stop-Loss 👉 If Day Candle Close Below Red Trend Line.
Entry 1 👉 Current Price / Buy Here 20%
Entry 2 👉 2.76 / Buy Here 40%
Entry 3 👉 2.62 / Buy Here 40%
1INCH ascending triangle1INCH in ascending triangle.
SRSI looks bullish on 1hr chart. Printed golden cross.
MACD could do it also in a few hrs.
Volume decreasing, indicating that the next move is soon...
We could see a possible retest of 200sma, but do not have to.
The upper resistance level at 3,28 was few times the rejection zone, so be careful when the price reaches it, could do a pullback or retest of the lower one...
If so, scalpers could open short scalp trade.
Good luck traders