1inch
1INCH 4hr chart updateFor my last post, already predicted the 1INCH/USDT pattern and it have a huge pump.
You can refer to my profile.
Now, I would like to share my analysis for 1INCH/USDT by 4hr chart.
- The highest price to the support, it already have more than 20% pull back.
- Strong hand may bought in lower price and that mean it may ready for another pump.
- 4hr strong support in 21EMA
- In last time correction (another yellow rectangle ), 4hr chart also tested the 21EMA 2 times then have a pump.
- Now also tested the 21EMA 2 times...
- Therefore, I think it may have another pump soon.
This is not financial advice. Just my point of view.
🔥 1INCH/USDT Channel Trade1INCH is inside a consolidating channel since a couple of days. This morning is bounced from the lower support of said channel, starting a new short term upward trend.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
1INCHUSDT1INCH has rose multiple X from its last major low and still does not show signs of weakness and yet this sideway plotted in the chart shows the charts rest for next move and more bullish power so its getting ready for next jump which will hit ATH again and after that we can decide if it might go for correction or whatever but now only up is the destination