1inch punching back!1inch gave an inch and was taken for a mile by BTC.
It looks to be punching back and making some strong moves.
Still a relatively small market cap coin it has lots of room to grow and can start making noise in the DeFi space.
Looking at the macro picture you can see 1inch has big potential.
It's currently within a range that it's been consolidating within since February! Very strong resistance at the 6.10 level.
RSI, MACD and market momentum though are on our side.
A measured move from at the break out point would have us going to 19 in the near term and 40 by this summer.
Obviously recent history has shown us that 1inch like other small market coins are at the mercy of BTC. So any major dips can see us tumbling down again.
A move below the 3.5 area would see us tumbling way way down.
BINANCE:1INCHUSDT
1inch
ALPHA - Watch For The Breakout⚠️Price impulsed and now we're in an ABC bullish correction which will inevitably move to the upside. Watch for break fo the correction and gain entry on bull flags. Alternatively, watch for price to go back to the bottom and gain entry there.
ALPHA - Watch For The Breakout⚠️Price impulsed and now we're in an ABC bullish correction which will inevitably move to the upside. Watch for break fo the correction and gain entry on bull flags. Alternatively, watch for price to go back to the bottom and gain entry there.
1inch btc good expectationsHi Traders,
I posted my idea on 1inch. This analysis is applicable on both btc and Usdt pairs. As you can see the trend remains positive we can see higher highs in future. Wait for it and trade safely.
What you guys think about it let me know in comments section.
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Thanks 👍👍
$ 1INCH vs USDT in 1d. 23 April 2021
Bitcoin is in danger zone of $49,000, if you break that support and look for supports the 40k$, 42$; it is possible that 1inch will also go back even further to look for a stronger support than the current one
Probability 1. (50% occurrence): Consolidation between $3.3 to $ 3.50 to break the resistance of $ 4 - $4.5 in the next months
Probability 2. (20% occurrence): break the last resistance in 1d of $ 5 to $6.5 and go up to $ 8 while maintaining the price
Probability 3. (30% occurrence): Fall sharply and quickly to $ 2,5 and if 1inch fails to consolidate at this price, the next drop is to $ 2
1INCH bullish preparationWe're getting close to a bullish move given that the 200EMA is close and the MACD indicates a bullish crossover too.
So we probably are going to see a movement towards the resistance.
Just watch the bitcoin and if it comes back to the 60k this scenario has a very high chance.
1INCH/USDT take longthis coin has made a triangle and then broke upper line of triangle and now it has came back to the upper line
good situation for buying it!!
targets : 6 or even more than 7
stop loss : 4.30
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1INCHBUSD - Zone of SupportA confluence of Western Technical indicators identify a zone of support suitable for placing buy orders.
Entry: 4.20
SL: 4.00
T1: 5.00
3M: Pivots PP
1D: Bollinger Band Lower
1D: Fibonacci 61.80% retracement
1D: Ichimoku Senkou A
1Inch To The Moon! - Fibonacci Analysis1Inch To The Moon! - Fibonacci Analysis
1Inch looking good! It bounced back of strong support and heading North.
Entry Zone: $4.50 - $5.50
Take Profit #1 $4.40
Take Profit #2 $6.30
Take Profit #3 $7.52
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
$ 1INCH vs USDT in 4h. 15 April 2021The staking of Binance 1inch with interest of 47% annually, is maintaining a stability and quite acceptable growth at 1inch. Below we present our growth expectation with 1inch
Probability 1. Fall to $ 5.62 and return to $ 6.1 - $6.4 continuing with the consolidation process at these prices.
Probability 2. Quickly climb to $ 6.9 and $ 7.4 maintain the consolidation at these prices and then quickly rise to $ 8.40 and $ 9.8
Probability 3. Fall very quickly to $4.0, and return to $ 4.50 continuing