1INCH/USD - We broke the ascending channel, but recovered!1INCH had a nice correction after breaking the ascending channel and now we recovered most of that loss from the past two days.
Now we find ourselves at this resistance (dotted line) which is a rather odd formation as we have support right below it as well... I expect price to quickly leave this range, either up or down.
The indicators suggest a bullish bias, so the most likely scenario is that we go up from here after maybe bouncing a bit in this range.
MACD on 4h just crossed on the positive side so with good volume we should be going up soon. I was concerned about our daily indicators, but we're curving up there now, so this move up can be sustained.
Overall bullish! Watch this level as once we're out of this channel between support and resistance we have some quick gains to make.
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1INCHUSD
1INCH/USD - Ready for $7! 1INCH has finished its short correction and now is turning back up from support towards $6 and likely $7 soon.
Buying this support line was a great opportunity for a long with a target at $6-7.
1INCH can pump very fast, so these levels may be reached quite soon. Question is if we will go above $7 to set a significant higher high?
The reason I say this is because we are forming a bearish divergence on daily RSI which may not be confirmed now (we can still pump for some time) but eventually we will get a significant correction after a new high / ATH.
When will that happen is hard to know, but best to have stop losses in place and ride the waves as long as they last. Once we break this ascending channel, it's time to look for shorts.
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1INCH/USD - Give me that $6 now! 1INCH has been a very greedy coin lately, pushing higher without much concern.
We had a short consolidation period in this descending triangle that we broke out of yesterday and now we retested it as support and quickly moved higher.
There is little hope for $6 to hold as we will blast through it soon (provided we do not fall off from this large ascending channel).
Resistance levels on the chart. Once we turn positive on MACD I expect us to push higher.
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1Inch/USDTis this rocket ship just getting started? following a long accumulation zone, 1inch has ridden on very strong momentum to break out of the channel. A healthy retest to 3.8$-4.01$ is on the cards, as is the advancement of the ongoing price discovery ! Moving up the ranks of CoinMarketCap mighty quickly this one.
1INCH/USD - Going to $6 or will it cooldown?1INCH has been tremendously resilient in the face of any dips in the market and pushed higher in a sustained gain as soon as we passed the previous ATH.
Now we are hovering around $5 with some indecision in price action on what to do next.
There are two possible scenarios as always, we continue up with a good target around $6 or we correct further towards $3.8 where we have good support as indicated by the Fibonacci lines and also the ascending channel we find ourselves in.
Falling out of this channel would be quite bearish and unlikely. Hence as we stand now, I remain bullish on 1INCH, but watch out for some potential correction towards support.
The indicators still look bullish to me, however there are some signs we may need some cooldown as indicated by the MACD histogram that has been ticking lower for the past day. There is no negative cross yet, but that could happen, we just need to be patient to let price guide us.
I would not enter now, we need to break our previous high first or fall to support. Those would be good entries.
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$1INCH - New ATH is AwesomePosted a couple setups on the brilliant DeFi coin over the past week.
Again a simple bull flag break and it popped
Brilliant gains in short time - the power of proper DeFi and crypto
I'd like to see it stay above 2.85, failing that 2.6, and create a new range/flag we can play some breakouts off of as it does seem that the only way this thing wants to go is up
Bearish divergence on the 4HR helped solidify the top which formed the new ATH on this coin that has only been around for just over a month
1INCH There is a growth perspective but the volumes are alarmingTo your attention another token of the decentralized ecosystem - 1INCH.
We will not describe the goodies that the token carries with it, who are interested, all infa is freely available.
We will describe the support and resistance levels and how they should be interpreted.
Now the price of 1INCHUSDT has renewed its high, which was set a month ago after the listing.
From a technical point of view, the token price is now skillfully testing the upper level for strength and trying to turn the previous resistance level into a support level.
If buyers manage to keep the 1INCHUSD price above the zone of $2.50-2.65 , then an increase at least to $4 can be expected.
The growth does not look very natural, there are no volumes, the price is directed to where it is necessary for "interested parties".
We wrote more about such manipulations yesterday in the ALPHAUSDT idea.
And even earlier, they wrote about the manipulator's work in the XTZUSDT idea . Read if you are interested in understanding the psychology of market behavior in a crypt.
If buyers do not take the initiative in pushing the price up, then the value of this young token may fall to $1.50 , and this will be considered a good price anyway.
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Next potenial targets for 1INCH1INCH / USDT
we bought 1INCH early around 1.7$ after last drop we secured some Profit and move our stop for rest (43% Profit until now 🔥)
Next potenial targets in the charts
2.67$
2.96$
3.45$
3.74$
4.22$
🚨 this isnt a new signal and i dont recommend to buy from here We just try to see the momentum and move our stop
This chart for help who holding it
Best wishes
1INCH/USD - Ascending triangle towards $4!Can 1INCH double soon in price? Hell yeah! 1INCH is a decentralized exchange (DEX) aggregator where people can quickly swap ERC-20 tokens from Uniswap/SushiSwap and other platforms at the best possible price!
1inch.exchange
We are now at the top resistance of this ascending triangle which may push us lower before we can break-out. Nevertheless, I expect us to break-out soon and move quickly to $3 and then $4.
Target points are on the chart.
The indicators are also looking good with a bullish MACD cross telling us momentum is in favor for a bullish move. We have to see how long this resistance line keeps us in the triangle, but the set-up is very clear to me.
Aim to buy a break-out and watch volume as we go up. If all things click, enter at breakout or when we re-test resistance.
1INCH token was recently released on Christmas 2020 and is one of the HOT DEFI coins to flirt with. :)
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$1INCH - ready to flyThis coin is DeFi and offers brilliant APY opportunities. It has been strong since its release on Binance on a few months ago
Breaking and retesting a bullflag currently,
If we close above the flag then this looks good to go, with the measurement technique taking us exactly to the 2.618 fib retracement across the flag,
If it claims 2.05, targets for 2.4 and onwards initially! Let's see.....
1INCHUSDT - POTENTIAL BREAKDOWN ANALYSIS 🔎
- 1INCHUSDT is printing a rising wedge pattern.
- This is a bearish reversal pattern.
- RSI is printing a bearish divergence signal.
- There's a breakdown potential.
SELL ENTRY ⬇️
- Breakdown below the rising wedge support.
TARGETS 🎯
- Horizontal support levels (S1, S2).
SETUP INVALIDATION ❌
- Breakout above the falling wedge resistance.
1INCHUSDT completed Cypher | Upto 56.5% move expectedHi friends hope you are well, and welcome to the new update on 1inch token.
On the daily chart, the price action of the 1inch has completed the final leg of bullish Cyhper and entered in the potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 56.5%, and the loss possibility is 13.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.