1inchlong
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...
1INCH/USD - Potential 108% SetupHello Traders!
The price of 1inch has tested the strong support level of $1.58. The RSI indicator on the daily timeframe shows that the asset is oversold.
It is possible to consider purchases in the range of $1.42 - $1.58, counting on the correction of the downward movement.
It is worth closing the position by a stop-loss if the price goes under the support level of $1.05.
The targets are Fibonacci levels:
$2,50
$2,83
$3,17
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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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1INCHUSDT - Double Bottom1INCHUSDT (1h Chart) Technical analysis
1INCHUSDT (1h Chart) Currently trading at $2.53
Buy level: Above $2.55 (Buy after breakout)
Stop loss: Below $2.33
TP1: $2.63
TP2: $2.72
TP3: $2.82
TP4: $2.95
Max Leverage 3x
Always keep Stop loss
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$1INCH accumulate zone! BUY!$1INCH
1inch is a decentralized exchange aggregator and liquidity protocol to help users discover the best trade prices for tokens
Rank 161 atm.
Good buy opportunity after correction of BTC imo. Finds strong support.
UP only if BTC holds.
Let me know what you think, take profits. And always DYOR.
1INCHUSDT , We broke downward trendlineHello guys
Its amazing decentralized exchange that it work with ARBITRUM , Do you know what is it ? ( if until now you dont know , send us messages )
In here after the price supported from static support zone the price impact to the downward trendline ( dynamic resistance ) and we have compression price in zone , because of the reason we explain , the price break the resistance and it can go a little up for the place of settlement traders and after that pullback to the trend line and ... ( we will update the chart that time )
If you have any question just open private message and send us Hello . :D :D :D :D :D
Dont forget use stop loss and observe money management
Good Luck
Abtin
1INCH - Getting ready to buy in again1INCH is back down to a key area of interest. Two bullish scenarios I seeing playing out now.
1. It holds above 3.8 key support for next daily close and squeezes trend for a fresh break out. In which case I will reload on the breakout and retest
2. We see the market pull back again and 1INCH revisits the low 3s, unless we see an explosive market move more broadly in this scenario 1INCH will be stuck below the 3.8 level and will have to battle back up through this zone again before making serious moves
as long as it trades above 2.5-3 support zone I will remain bullish, and will be buying dips in this zone
3 is a big value area, some strong supports identifiable and an trend line support from low coming back into play.
RSI on the daily has already confirmed breakout, MACD EMAs are converging and looking to reverse on MACD trend. All signs look positive but mischief from Market Makers with BTC could drive us back to the low 3s quiet easily
Welcome back 1INCH!
(Apologies for the messy chart)
1INCH POTENTIAL ENTRY IS HERE! BOUNCE COMING?This scenario is very very possible for 1inch.
I would wait for the trendline to get broken or buy at the limit entry zone when it gets triggered. 🔥
Hoping for 1INCH to give some bounce here, strong div on MAC.D as well.
All this is possible if bullish structure on alts hold and if Bitcoin doesn't dump on us :-D
GOOD LUCK, and give a like ;-)
1INCH TOC TIC TOC...EXPLOSION $14Hello folks
1INCH is pretty breaked out from his downtrend
Adame and Eve double bottom formed in downtrend got reversed
Meanwhile We had a long phase of accumulation
Now we are looking to break the minor trend resistance and start mooning
First target @ 1.618 golden ratio 14$
1INCH - potential bull flag forming1INCH may want to cool down for a bit after the recent 100% jump. But it is worth noting it is approaching both the 50MA on the 1H, which is roughly confluent with the 20MA on the 4H, and an area of resistance turned support in the 4.5-4.7 range.
It is doing this while forming a bull flag (or possible falling wedge) either way we want to see it move up above 5.4 range. It is possible it finds some support here and attempts to continue up
If you buy, buy on the breakout, because it could just keep on falling.
Lots of fear in the market and this will increase the risk of this trade
But 1INCH is also one of the only coins making money at the moment, so not a bad one to watch
Next support is the 3.8-4 range
#1INCHUSDT 20% potential Scalp OpportunityWelcome to this quick Trade Setup, everyone.
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1INCH broke out of the Channel and is currently retesting the channel support.
Expecting a 20% pump soon,
Entry : $3.78 to $3.95
Target :-
$4.18
$4.29
$4.37
$4.46
$4.52
SL: $3.63
What's your thought on this?
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#PEACE