1INCH/USDT - Potential 199% Investment IdeaHello Traders!
1inch is a coin with a strong fundamental that is constantly being developed and innovated. As a reminder, it is the token of the largest DeFi aggregator on the market.
The current price values are a great opportunity to take advantage of a discount on a mid to long-term purchase. The DeFi segment will be growing along with the entire market, which will open up additional financial prospects for such purchases.
The first part of the position can be bought in the $2.14 - $2.50 range
The second part in the range of $1.58 - $1.84.
A stop-loss can be considered below the price level of $1.27
The targets for buying will be price levels of
$3,50
$4,26
$5,22
$5,88
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
1inchanalysis
1INCH - 6h. Be careful around the range of $3.6-3.75 The loss of the critical liquid range of $3.6-3.75 had a very negative impact on the 1INCH market participants. After a powerful wave of decline, which began on May 9, sellers managed to lower the price of 1inchusdt by 76%. The main trading volumes were recorded on May 19, when sellers began to break through the liquid price zone of $3.6-3.75.
After unsuccessful attempts of buyers to regain control of this range, the price of 1inchusd continued its decline, however, at lower volumes . The decrease in investor interest below the range of $3.6-3.75 is clearly visible on the daily timeframe:
As you can see, a systematic decrease in trading volumes even during local growth speaks of the fear of market participants and a reluctance to take risks in such a situation. Therefore, at the moment , a positive scenario for buyers will be a test of the range of $3.6-3.75.
A new wave of decline will most likely start from this range. From how strong it will be, it will be clear how likely the scenario of the completion of the correction and the beginning of a new wave of growth is.
For a positive scenario, buyers need to keep the range of $2.45-2.6. Otherwise, we will see an update of the local low.
________________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
1INCHUSDT Bullish Path SetUP 🚀🚀Dear Friends ,
Given my new found ritual, I look through my watchlists each morning, and share interesting opportunity I find in the charts with y'all.
Today, I found 1INCH brewing delicacies for a breakout soon enough. And here is the opportunity shared with you guys.
Several days back 1INCH took a dive in the mud hitting my EMA targets in a correction/consolidation move
It began on 24th February , then completed it 4th April on the largest MA .
Confidence began rising at this point. It moved up to Major support .
Next it broke up a Mini resistance , came back down near our Strong support area .
After this, it did a double to break my Final Resistance but momentum was weak, then it fell to previous resistance , turned-support
It will make another attempt since it partially succeeded before.
With more Bulls power it will go through. Rocket UP🚀🚀 Uncharted Territory to set new ATH
Potential Buy Zone: I see a breakout from this area in couple of hours
Skeptical Buy Zone: I don't see us going down near this zone, unless market forces happen and all tokens pull down. But if it happens, then it becomes an active buy zone
1INCH is Decentralized Tokens Exchange where you can swap different coins for another with no middleman or central authority , and no KYC required.
DEx is the future of exchanges , perhaps when the policies come hard on CEx and people will try to avoid KYC at all cost.
Follow 🚶 for Daily opportunities
Like 👍 for our encouragement
Share your thoughts