1INCHBTC! Not a financial advice - This is my trading diary ! It helps me think about my ideas.
No idea what 1INCH does, but its chart is looking interesting. Currently rejected from 618 region, pulling back to previous breakout that is in confluence to another fib level. Will it make an SR flip? Lets see. I have my alarms set in case and I will add more to my current position in case it happens.
#1inch #tradingidea #btc
1INCHBTC trade ideas
๐กDon't miss the great buy opportunity in 1INCHBTCย @1inchExchang
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (11002).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 13195
TP2= @ 14828
TP3= @ 16530
TP4= @ 19000
TP5= @ 21820
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the ๐ LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
โค๏ธ Your Support is very much ๐ appreciated!โค๏ธ
๐ 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, โค๏ธ
ForecastCity English Support Team โค๏ธ
๐กDon't miss the great buy opportunity in 1INCHBTC @1inchExchang
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (11002).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 13195
TP2= @ 14828
TP3= @ 16530
TP4= @ 19000
TP5= @ 21820
SL= Break below S2
โค๏ธ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ๐ LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
โค๏ธ Your Support is very much ๐ appreciated!โค๏ธ
๐ 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, โค๏ธ
ForecastCity English Support Team โค๏ธ
1INCH inching along
1INCH has been inching along so far. Still hasn't been able to break out and really make a move above it's previous ATH.
Possibly moving up within this parallel channel.
There was a greater downward resistance line that it seems to have broken above as well.
Could this be the calm before the storm?
Given how long it's been consolidating for there's potential for a big move in the near term.
It may also decide to just inch along this channel for a while longer.
Worth keeping an eye on and looks to be very promising if you're patient with it.
Also thought it'd be interesting to show how I would set up a long position if I were getting into it now.
Good luck everyone. Hope this was helpful.
BINANCE:1INCHBTC
My plan for #1INCH vs $BTC - Low risk, high reward#1inch is tightening around the resistance, this is usually a sign that it will break it (bullish triangle).
To avoid being trapped in a fake-out, my plan here for a low risk / high reward trade is to wait for confirmation, then long for 25% to 30% profit which should come fairly quickly once support is confirmed.
1inch btc good expectationsHi Traders,
I posted my idea on 1inch. This analysis is applicable on both btc and Usdt pairs. As you can see the trend remains positive we can see higher highs in future. Wait for it and trade safely.
What you guys think about it let me know in comments section.
Please hit the like button and follow me if you want me to upload more ideas.
Have a nice day
Thanks ๐๐