1inchusdt
1INCH/USD - Buy opportunity incoming - $3.5!1INCH is correcting similarly to BTC/ETH (see below my ideas) and I'd not be surprise to see it soon re-test the $3.5 level which is a prime buy opportunity for some nice gains if you plan to go long on this coin.
As such, I'd be interested to set some limit buy orders in the yellow area as that has been re-tested as support quite a few times and likely will hold again. A breakout from that level will bring some juicy profits.
I don't see 1INCH falling under $3.5. For that to happen, BTC and ETH need to crash quite significantly. In any event, that level once or if reached should present a great risk/reward entry.
On the short time frame, we are correcting here and should reach support eventually, then best to consider a long if market is favorable.
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1INCH/USDT - 1D - Analysis published on 03/28/2021Hey guys, it’s Cosmo 👩🚀 Bitcoin seems to have topped @ 56,700 USD recently and is moving downwards already!
So let’s better be prepared … I took some profits on my long BTC position and I’m looking for some more SHORTS to hedge the remaining portfolio of LONGS against a possibly continuing dip of the general market.
Let's get started 😃 … I possibly found an opportunity with 1INCH Token against USD:
Summary of the Analysis: 1INCH/USDT (1 day time frame)
Trends: Short Term - Bearish & Long Term - Bearish
Crypto Screener™ – 1 day frame – (by TradingView) Rating: SELL
Technical Indicators – 1 day frame – (by TradingView & intotheblock): SELL
- Summary: 9 Bearish; 9 Neutral & 4 Bullish --> SELL
- Oscillators: 1 Bearish; 8 Neutral & 2 Bullish --> SELL
- Moving Averages: 8 Bearish; 1 Neutral & 2 Bullish --> STRONG SELL
Fundamentals: SELL
- Circulating/ Total Supply = 60%; Max Supply unconfirmed --> SELL
- 648 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto) --> SELL
- No SIMETRY™ Rating (by Crypto Briefing)
- B Rating with stable outlook by TokenInsight
- 49.2% out of 100% Asset Score™ by TokenInsight --> SELL
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): neutral
- 4h (4 hours frame): neutral
- 1D (1 day frame): positive
- 7d (last 7 days): negative
My Opinion: SELL - Bearish under USD 4.476 (Stop Loss Level +12.9% from current price level = 1st light green line above current price);
My targets: USD 3.408 (-14.1%), USD 3.000 (-24.4%) & USD 2.190 (-44.8% from current price level)
1INCH/USDT follows a strong bearish trend since All Time High on 02/05/2021. Traders may consider only short (sell) positions if the price stays well below USD 4.476. Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Since the beginning of March we are trading below yellow indicator line – BTCUSDT – which means 1INCH is currently underperforming compared to BTC!
Signal Force (0-10): 6 = strong force
To sum up my opinion: I’m convinced that the 1INCH Token is substantially overpriced with the recent PUMP ACTION and will retrace back to it’s lows from before the parabolic move (around USD 3.000 or lower).
We broke monthly VWAP (volume weighted average price) downwards 5 days ago (on 03/23/2021) which is a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Please also have a look at my other current analysis to get a full picture of the Crypto market.
Happy trading … please like, follow and comment!
Published on 03/28/2021, 09:30 PM (UTC+1)
LONG " 1INCH "AS YOU SEE ON THE PATTERN, 1INCH GETTING READY 4hr Chart
It looks to need a bit more time to huge spike but you can use for a day trade " % 5 - % 7 profit "
after a fake bear trap, using 3.5 as a support, you could get in on the 13 - 20 ema
1st price target: 5.30
2nd price target: 6.30
it's Not financial advice.
1Inch Exchange In Buy Territory With ATH Retest Within 2 WeeksBuy Zone: $4.50 - $4.80
My idea is that this will bounce around inside this $4.50 - $5.20 channel and once it breaks through this triangle then it's heading straight to $6.30 where it'll meet some resistance before eventually breaking through for new highs.
I'm bullish on all exchange coins right now and they will all pop off on their own time, but it will happen.
Seeing Coinbase valued at $100b means these DEXs are likely massively undervalued right now. Their demand will skyrocket with the update from ETH of the layer 2 solution and v2 of Uniswap will help the whole industry.
1inch is a superior product, in my opinion, and should have a market cap similar to SUSHI.
I'm not going to sell more than 50% at any point. I will try to play the ATH resistance to add some more coins though. It's all about coin accumulation for me when these pull back at expected points.
looks like 1INCH has awakenAssuming BTC won't mess things up looks like 1INCH has awaken. The hypothesis of an Adam&Eve formation I've pubblished some days ago looks like was correct. After the Eve formed and tested the neckline there was a retracement I've seen in differents A&E formations and then price broke out. The rectangle shows it formed a minor support which is pretty good for keeping going up
After my post I saw different interpretations of 1INCH's chart on socials and crypto channels, even if different from mine I was happy for two reasons:
1) all agreed with my view which was that the break out was close;
2) I was the first one noticing :D
I currently see a very little bearish DIV on 4h and daily RSI but this can be because bull wave is still happening. However if we have a retracement from here it's totally natural. Should the price dump I think a good entry point is at 4.76 (as indicated from the control line of volume profile).
I've been holding 1INCH for almost a month, exactly since I thought the retracement was over but then BTC messed up crypto. Unfortunately analysing well a chart isn't enough in this market because if BTC drops 1% people freak out and sell their alts. However if the project is good, sooner or later your patience is paid off.
I think 1INCH has the potential to reach double digit very soon, if it wasn't for the airdrop it'd be already there. Have faith and keep holding/buying it.
MID TERM TARGETS: zoom out, I've drawn 2 dashed lines: one is at 10$ and the other one is at 10.8$. First one is a psycological resistance, second one is 1.618 Fib line
💡Don't miss the great buy opportunity in 1INCHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (4.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 5.11
TP2= @ 5.48
TP3= @ 5.90
TP4= @ 6.33
TP5= @ 6.81
SL= Break below S2
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💡Don't miss the great buy opportunity in 1INCHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (4.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 5.11
TP2= @ 5.48
TP3= @ 5.90
TP4= @ 6.33
TP5= @ 6.81
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
1INCH/USD analysprice has broken an important area so i think after a little rest and side range it can reach the targets which i set in diagram fo you an you can set youre SL under the area but not with shadow(wait for close under area).
be carefull if you enjoy plz follow for more simple daily idea like this.
1INCH 12h Global Idea, Support and Resistance LevelsIn the digest "Bitcoin weekend" №12 you asked to consider the trading pair 1INCHUSDT
Once you please, we see and do :)
First, check out how our previous idea 1INCHUSDT worked.
We are especially proud of the depicted level of $6.2984 and the absolute maximum of the price of 1INCH $6.33 after which a correction began.
Now the price is in correction, and since we rarely analyze this coin, we will write out several routes so that you can be guided by them:
1. Liquid zone $5.00-5.40 only after the price consolidates above, we can expect continued growth to the $10.50 area
2. If sellers protect the liquid zone of $5.00-5.40, then we can expect the price to fall to $2.80-3.00
Aggressive purchases in this area could trigger a global rise of up to $23
3. If the market situation will be bad, the price of 1INCHUSD may fall even lower at $2.10-2.30
However, the prospects of the altseason in this case will open a global goal of $33
While this idea was being written, the thought came to my mind that now 1INCHUSDT is similar to DOTUSDT a few months ago, compare.
What do you say, is there a similarity? Will there be such strong growth? Write about it in the comments.
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