1INCH/USDT : Breakout confirmed BINANCE:1INCHUSDT
Hello everyone 😃
1INCH had a breakout from bearish trendline ( Triangle's higher line )
Now it's retesting support line..
It may have one more leg up till 7$'s resistance.
Also MA 100 is controlling movement from Below !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
1inchusdt
$1INCH against $USDT breakout from symmetric triangle patternMarch 16th price action of $1INCH broke out with volume after a month of trading within its trendlines.
At the moment bouncing off of previous Higher High on 5.75 with overbought RSI and bullish MACD upslope and with volume. These last indicators presume possible visit to the .5 FIB and probable Dow Theory Retracement for half of the previous movement.
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.
1INCHUSDT (1INCH) - BULLISH SETUP ANALYSIS 🔎
- 1INCHUSDT hit an ATH and retraced.
- Price retested the flip horizontal support (FHS) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at this zone.
- Price action is printing a pennant (P) pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the pennant pattern's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakout below the pennant pattern's inclined support.
1INCH – Potential 42% gainsBUY: 4.460 – 4.775
TARGETS:
1) 6.38
2) Trail stop and let it run
STOP: When a 4h candle closes below 3.88
Rationale:
-Price has been trading below a key resistance zone and just broken above
-after breaking resistance it tapped the trendline support and fell back to the earlier resistance zone.
-Price re-tested this area and bounced off, confirming it is now acting as support
-Price is holding well above EMAs which is bullish
-Price should now test the trendline resistance again, and once it break it, price will move to the previous high.
Your risk, your reward. This is not financial advice.
Happy trading.
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.