1 INCH - BUY SETUP (DEC 2023)1 INCH - BUY SETUP (DEC 2023)
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. Key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the cryptocurrency market.
1INCHUSD
1INCH will have a dropAfter hitting SUPLY above the chart, a bearish CH has been created
After the bearish CH, the price has bounced back and swept the liquidity pool.
The most likely scenario is that with this bearish structure, the liquidity pool will sweep the bottom and move towards the green range.
I specified the invalidation level, closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
1INCH/ 1INCHUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
1INCH Price Target If you haven`t sold 1INCH here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is 1INCH.
I've set a short-term price target for 1INCH at $0.30.
Looking forward to read your opinion about it!
1INCH looks bearishIt seems to be located at the end of a large symmetrical, that is, in the branch of the big i, which seems to be an abc of a larger structure (flat, diametric, triangle, etc.). It is expected that after moving in a limited range, it will move down again
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Above 0.2756: Short-term uptrend beginsHello?
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(1INCHUSDT chart)
(1W chart)
The key is whether it can rise above 0.3564.
(1D chart)
The most important support and resistance points are 2.0362 and 5.142.
Therefore, the full-fledged upward trend is expected to begin when the price rises above 2.0362.
The key is whether it can rise above 0.2756 and maintain the price.
If this is not the case and it falls below 0.2482 and shows resistance, caution is needed as it may lead to a further decline.
The short-term rise is expected to be determined by whether the price maintains the price in the 0.2756-0.3455 range and moves sideways or rises above 0.3455.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Navigating the Market: An In-depth Analysis of the 1inch TokenIn the rapidly evolving world of cryptocurrencies, it's crucial to keep a close eye on market dynamics. Today, our focus shifts to the decentralized exchange (DEX) aggregator, 1inch. In this article, we delve into the token's performance, providing a comprehensive analysis based on the 4-hour chart to understand the current state and future potential of the token.
Unpacking the Bollinger Bands
The Bollinger Bands, known for their utility in understanding market volatility, outline an interesting story for 1inch. The upper band stands at $0.5082 and the lower band at $0.3107, marking the confines of market volatility for the token. Meanwhile, the middle band - often considered a crucial moving average line - stands at $0.4095. This key figure could serve as a central pivot for upcoming price movements.
Fibonacci Levels: Reading between the Lines
Turning our focus to the Fibonacci retracement levels, we can glean potential market scenarios. The ceiling, as indicated by the 0 level, stands at $0.5935, hinting at a bullish outcome if 1inch catches upward momentum. On the other hand, the first level or floor is at $0.3135, marking a potential bearish target if the token succumbs to downward pressure. The half level sits at $0.4535 and might act as a short-term resistance level in the token's journey.
Indicators and Oscillators: An Ocean of Signals
The Relative Strength Index (RSI), currently at 44, denotes neutrality, with the token neither overbought nor oversold. However, the stochastic oscillator delves into the oversold zone at 1.78, potentially suggesting an imminent price rebound.
Conversely, the volume oscillator, currently at -33%, signals a decrease in trading volume, which could imply a possible period of consolidation or trend reversal. The OBV (On Balance Volume) stands at 327 million, reflecting reasonable investor interest at the current price levels.
MACD: Gauging Market Momentum
The Moving Average Convergence Divergence (MACD), showing 0.005, has the MACD line just above the signal line, providing a slightly bearish indication. If the MACD line crosses below the signal line, it might be interpreted as a selling signal, pushing traders to adjust their positions accordingly.
Taking Stock of the Situation
The 1inch token experienced a 10% drop in the last 24 hours. Its current market price, standing at $0.3617, rests between the middle and lower Bollinger Bands and below the half level of the Fibonacci retracement.
Given these market conditions, it's crucial for traders and investors to maintain a vigilant watch on the market and the 1inch token's behavior. Remember, every financial decision should be backed by thorough research and a careful consideration of multiple market factors. Stay informed, stay prepared, and as always, keep navigating the market.
1INCH AGAIN PRICE PUMP OR NOT ?? 1INCH COIN POSSIBLE MOVES1INCH Coin Possible Move Near Me On 4h tf.
• Major Indicators RSI & MACD are Bearish.
• Only Quick Long scalp possible From its Support + liqiluidation Hunting Area.
•We are bullish on #1inch till its price stay above 0.345$.
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Will 1INCH price try to surprise everyone, or the show over now?Another "promising" project woke up as to us promised in 2021 - "the dead man" 1inch project)
In the second half of 2021, 1inchUSDT was probably launched, probably planning to make money on the hype of the "odor" from Defi boom.
But it didn't work out, almost immediately after the listing, the price of the 1inch token fell steadily, roughly speaking from $8-9 to the recent $0.25
Accordingly, as you might have guessed, this coin has a lot of "happy" investors who bought the token of a "promising" project. Especially large purchases of 1inchUSD were in t he range of $0.50-0.90
Is it worth buying 1inchUSDT right now? In our opinion, definitely not.
The 1inch price now is in the area of a strong mirror level + it has just hit the trend line.
If you believe in the prospects of the 1inch project and want to buy this token, then we have the following advice for you:
wait for a correction to $0.40 and then try to buy a little bit there
or wait for the 1inchUSDT price to break through and consolidate above a strong mirror level. This will essentially allow you to buy 1inch at +/- near the current price, but in a much more confident place.
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1INCHUSD: Short term buy and bullish breakout target.1INCHUSD crossed over the 1D MA50 today for the first time in almost 3 months (April 19th). As the 1D timeframe turned technically bullish again (RSI = 57.661, MACD = -0.003, ADX = 31.888) we are going on a short term buy, targeting the top of the six month Channel Down (TP = 0.38500).
A candle close over the 0.382 Fibonacci level, will be a bullish breakout signal, directed to the 0.786 Fibonacci (TP = 0.59500).
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1inch token formed bullish Cypher for upto 10.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of 1inch token with BTC pair.
Previously we caught almost 35% pump of 1INCH as below:
Now on a 4-hr time frame, 1inch has almost completed a bullish Cypher move for another price reversal.
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.