1INCH inching along
1INCH has been inching along so far. Still hasn't been able to break out and really make a move above it's previous ATH.
Possibly moving up within this parallel channel.
There was a greater downward resistance line that it seems to have broken above as well.
Could this be the calm before the storm?
Given how long it's been consolidating for there's potential for a big move in the near term.
It may also decide to just inch along this channel for a while longer.
Worth keeping an eye on and looks to be very promising if you're patient with it.
Also thought it'd be interesting to show how I would set up a long position if I were getting into it now.
Good luck everyone. Hope this was helpful.
BINANCE:1INCHBTC
1INCHBTC
My plan for #1INCH vs $BTC - Low risk, high reward#1inch is tightening around the resistance, this is usually a sign that it will break it (bullish triangle).
To avoid being trapped in a fake-out, my plan here for a low risk / high reward trade is to wait for confirmation, then long for 25% to 30% profit which should come fairly quickly once support is confirmed.
1INCH accumulation is going on, Pump comingThere is a lot of accumulation is going on in 1INCH. 1INCH is the competitor of UniSwap and UNI has a $20 Billion market cap coin while 1INCH only has an $880 Million market cap. 1INCH will be on the top 50 coins list sooner or later. Binance is one of the biggest investors in 1INCH and we see a huge rally in 1INCH after the range breakout. This is a 2x-5x opportunity for the mid-term.
Buy Zone: $5.4 - $5.65
Target: $6.33 - $6.87 - $7.7 - $8.6 - $9.4 - $10.2 - $11.4 - $12.6 - $14.1 - $15.4 - $16.8 - $18.2 - $19.5
1INCH DEEP IN YOUR... [RISKY]1INCH has been trending sideways in this channel for a while now.
With the news yesterday that they released their 1INCH DeFi wallet and C.Z. (CEO of Binance) tweeting an hour ago (at the time of writing this) announcing that Binance is an investor in the 1inch Network then I believe that this might be the next coin to pump.
Do I believe in it? I don't really know much about it. But I believe with the recent news this can go up in by a good amount in the next upcoming days.
In regards to the Technical Analysis of it, the MACD is showing crossing upwards and showing bullish movement.
Suggested buy-in: $5.5 and under.
Suggested stop-loss: You could set a stop loss under the trending channel. But this is a RISKY HOLD. As of right now I won't be setting any stop loss but I would recommend that you decide this for yourself. I will update this step if I end up feeling cold feet about it.
10$ 1inch is coming1inch On The Go
1inch (1INCH), a DEX aggregator, has launched a mobile wallet for iOS devices, which allows users to exchange tokens on the move.
Besides the usual swap transactions, the app will support ‘stealth transactions’, which apparently keeps your trades hidden from external observers, thus reducing the risk of front-running.
The initial release will include speedy transaction signing, real-time price quotes, and also integration with the Apple Watch and iCloud.
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.
Please hit the like button and follow me if you want me to upload more ideas.
Have a nice day
Thanks 👍👍
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 and the reason I love it right now - Atlseason 20211inch is technically ready to go price discovery .
In March it reached a new ATH of 6.32$ (585% up move) and consolidated since then.
It was its first SOS (Signal of Strenght). Usually, new coins get slower and slower in their cycle.
But... this one is new!
With a market cap on ''only'' 862M, it has a lot of space to grow.
It remembers me also of UNFI after its first cycle, it went crazy from 4$ to 30$. See under i'll post a comparison.
LTC is another coin ready to ride BTW, i posted a couple of times on it.
Not saying it will but it could!
DYOR
Don't Miss 1INCH very good buying opportunity on $1INCHDon't miss this buying opportunity on 1INCH before it fly..
Stoploss Daily Close below 3.87.
Targets:
TP1: 5.2
TP2: 5.9
TP3: 6.3
TP4: 9
TP5: 14
TP6: 19
Please use your risk management and never enter any trade with more than 5% from your capital.
don't forget to follow me for more trading ideas and analysis.
good luck to everyone.
1inch - medium term long1inch has found support at a daily level and created a nice higher low indicating that buyers are in control. I did not get in on the low so i'm waiting for a break and retest of the next resistance level.
Alternatively, we could see a rejection at the resistance level with another retracement. This could serve as a decent entry point if it jives with the trendline, a daily level, and candles show buyer support.
1INCHUSDT (1INCH) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- 1INCHUSDT is obeying the predicted price action from my previous analysis.
- Price hit an ATH and retraced for a retest of the ascending trendline support ( ATS ), flip horizontal support ( FHS ) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- The retracement is resisted by the descending trendline resistance ( DTR ).
- Breakout above the this counter trendline could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance ( DTR ) and horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support ( ATS ) and the horizontal support level (S1).