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1inch

1INCHUSDT (1INCH) - BULLISH SETUP ANALYSIS 🔎 - 1INCHUSDT hit an ATH and retraced. - Price retested the flip horizontal support (FHS) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There was a relatively high concentration of buyers at this zone. - Price action is printing a pennant (P) pattern. - A pennant pattern is a trend continuation pattern. - A bullish continuation pattern in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the pennant pattern's inclined resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakout below the pennant pattern's inclined support.
Long
by Chibuike_Odoh
4
🔥 1INCH Break Out On The Horizon1INCH has been lagging behind a lot of other cryptos, making the potential for a strong bullish move in the near future a lot greater. Since the dump of end March, 1INCH has been crawling up and is currently on the verge of breaking out of the triangle drawn on the chart. Seeing Bitcoin's price action, I'm confident we're gonna see more bullish price action throughout the crypto market. In case bullish pressure remains, the current all-time-high would be a proper long term target. Happy trading!
Long
by FieryTrading
32
1INCH – Potential 42% gainsBUY: 4.460 – 4.775 TARGETS: 1) 6.38 2) Trail stop and let it run STOP: When a 4h candle closes below 3.88 Rationale: -Price has been trading below a key resistance zone and just broken above -after breaking resistance it tapped the trendline support and fell back to the earlier resistance zone. -Price re-tested this area and bounced off, confirming it is now acting as support -Price is holding well above EMAs which is bullish -Price should now test the trendline resistance again, and once it break it, price will move to the previous high. Your risk, your reward. This is not financial advice. Happy trading.
FTX:1INCHPERPLong
by ForgeTrades
Buy opportunity incoming - $3.5!1INCH is correcting similarly to BTC /ETH (see below my ideas) and I'd not be surprise to see it soon re-test the $3.5 level which is a prime buy opportunity for some nice gains if you plan to go long on this coin. As such, I'd be interested to set some limit buy orders in the yellow area as that has been re-tested as support quite a few times and likely will hold again. A breakout from that level will bring some juicy profits. I don't see 1INCH falling under $3.5. For that to happen, BTC and ETH need to crash quite significantly. In any event, that level once or if reached should present a great risk/reward entry. On the short time frame, we are correcting here and should reach support eventually, then best to consider a long if market is favorable. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
by setarekz
3