1INCHBTC
1INCH IS A STALLION, $30 DOLLAR MOONSHOT (12X)HELLO FELLOW TRADERS & HAPPY HOLIDAYS!
Today we will consider the trading pair 1INCH/USDT
Almost a year ago (just 3 days from now), 1INCH was listed on binance on christmas day with an opening price of $0.2 and shot up to $3.089 in that same day. Fast foward a few weeks/months later and 1inch would go ahead to make new ath's of $7.875 in May making it a +3800% growth in price from the day of listing.
After a slight correction, 1inch found itself trading just around the 0.382 fib retracement support level . making a low of $1.618 late july.
should that be the bottom for the DEX coin, we can say the +3800% increase in price serves as a first wave extension (as long as it doesnt touch the 0.5 fib support).
Should this be the case, we can then proceed to take our fib tool (green fibonacci) and measure from starting point of the blue fib( ath ) to the 0.618 level (red) and target just under the 1.618 resistance level (black) for our wave 3 target, giving us a target of about $30.
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1INCH/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick 1inch/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-1INCH/USDT 4 Hour Update
The double bottom has bounced and the upside continues as we can buy here in CMP with 5X and 10X low leverage and hold 1, 2, 3, and 4 for targets.
Entry:-$1.52,$1.63
Traget:-
T1:- $1.69
T2:- $1.74
T3:- $1.82
T4 :-$1.90
Stoploss:- $1.42
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
1INCHBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We have the R1 line. We have a bullish Butterfly pattern which shows that the price can be bullish. You can buy it here or wait for the price to break the R1 line and then buy. But if it goes down to our Stop Loss zone, there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Will 1INCH/BTC start attacking the resistance?1INCH exited the side channel and, responding to bad sentiment in the market, rebounded from the support at 0.00004242btc. Currently, we are approaching an attempt to leave the local downward channel, you should observe the entire market and information from the world of cryptocurrencies, which can help in assessing the situation.
1INCH possible entryRather neutral market structure on the weekly timeframe so let's take a look at the daily. Here we can also see no real longterm trend. What we can see is a downtrend happening since the beginning of November.
I have defined two key resistance areas where the first one is also a key psychological area at $3. As you can see by my many arrows there are more than enough S/R contact points on both levels (my sincere apologies for the arrow overload).
In terms of candlestick we have a three white soldiers pattern with strong bodies forming.
If we can break the trendline, I'll be looking to enter with a conservative target around $3 and a more aggressive target at $4.
How are you feeling about this?
1INCH - is going to break this trend line!1INCH globally has been in a downtrend for a long time. Locally, the price has been in accumulation for more than a month.
The formation of a trend line, which is currently acting as resistance, is worth noting. In case of a breakdown, there could be a good buying opportunity. We should also highlight that there is a volume at the bottom.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
1INCH cryptocurrency – consolidation with a range of 200%It's been 3 months since 1INCH cryptocurrency is in the deepest depression. What can be worse than a sharp market reversal, given that even this morning the situation was as positive as possible?
That's exactly what happened to 1INCHUSDT cryptocurrency investors on October 27. On the chart you can see a big spike in volumes and an abnormal candle on a large timeframe.
On the one hand, this is a signal for continued growth. But the fact of global consolidation is important here, in which the price of cryptocurrency 1INCHUSD has been moving since May 2021. Buyers on high volumes failed to break the global consolidation upwards. This fact was the signal for sellers to act. In our previous forecast , we expected a more subdued 1INCH price correction.
The formation of the "Cup and Handle" pattern , which indicates the continuation of the trend, had great chances to work out. But Bitcoin's price weakness and the general negativity in the cryptocurrency market forced 1INCH price to continue falling to the lower boundary of the global consolidation.
Cryptocurrency 1INCH completes a wave of decline
If you look closely at the continuation of the fall in price 1INCHUSDT after December 4, it becomes clear that the sellers' forces are running out. Yes, the buyers haven't shown themselves and haven't shown interest in starting a new wave of growth. But as we know, the price is very manipulative during the consolidations and it is easy to start a sharp reversal without volume and candlestick pattern. You can see this when you see how the reversal of 1INCH cryptocurrency started in July 2021:
The chart clearly shows that after the weakness of the buyers and the renewal of the local low, the sellers had no more efforts left. Analyzing the situation now we also see low trading volumes and weak sellers' initiative. Therefore, globally, in the wide range of $1.85-2 is a good entry point for a long-term investment with the target of $6.4.
The first local target in this long-term trade is the range of $3.5-3.8. In this range may be a good chance to close part of the position on the cryptocurrency 1INCH and try to re-buy it lower on a local correction.
The price of 1INCHBTC has stopped moving since December 2021
Analyzing the price movements of 1INCHBTC , you can see a global wave of decline, starting from January 2021. But even within this decline wave, we see that the prospect of price growth is about 100%. We do not exclude the probability of decline attempts, but we see them in the form of false breakdowns of the liquid zone of 0.00005 . Given the nature of 1INCHBTC price movement and low trading volumes recently, we expect a strong upward price impulse. It is after such an impulse that we need to closely monitor the market to see how many sellers it has left. This information will tell us how strong the new growth of 1INCH cryptocurrency may be.
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1INCH, price is squeezed into a trading range. What to do?1INCH broke through the global trend line but failed to break out of the trading range. While bitcoin and the entire market are in limbo, two potential scenarios are worth highlighting. The first and most positive scenario is for the price to return to the upper boundary of the trading range, squeeze, and breakout. This would likely signal the start of a new uptrend.
The second scenario is a continuation of the decline and a collection of liquidity below the low.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.