1INCH/BTCA great entry point from the Elliott Wave perspective - a potential entry into the most powerful wave of the evolving structure.
Local wave 2 retraced 62% against the impulse in the assumed wave 1, followed by a breakout of the corrective channel.
I expect a strong trend in favour of the Inch)
1INCHBTC trade ideas
1INCH thoughts - similarity with ALPHAYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
1INCHBTC is creating a falling wedge 🦐IF the price will have a breakout from the falling wedge and from 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
1INCH Finally Moving - Where do you see it going in 2021?After a nearly 2 week long falling wedge, 1INCH finally moves bringing some reward to the patient, 30-45% gains in ~24hrs!! --- Not going to lie, I started to rethink my bullish outlook on this project when Bake, Cake, Flake, Dodo, Burger and a damn Shake, or whatever other DEX, DeFi Aggregator started making HUGE gains.
This breakout was pretty clear given that beautiful channel; wish they would all be so cooperative!
My question to those who wish to contribute: Where do you see 1INCH going in 2021?
- Do we have an early UNI situation here? $5 with a quick run up to $15-25?
- Or is 1INCH soon to be obsolete, overshadowed by the next dex/agg with a dumb name? Recent BSC integration may beg to differ.
I tend to agree with the former.. Let's not FOMO this one!
Cheers
1INCh setup - only for risk takersYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
1INCHBTC (1INCH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- 1INCHUSDT is printing a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and previous swing high horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
💡Don't miss this buy opportunity in 1INCHBTC @1inchExchangeTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000072).
. 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 0.000088
TP2= @ 0.000102
TP3= @ 0.000120
TP4= @ 0.000140
TP5= @ 0.000167
SL= Break below S2
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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 ❤️
💡Don't miss this buy opportunity in 1INCHBTC @1inchExchangeTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000072).
. 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 0.000088
TP2= @ 0.000102
TP3= @ 0.000120
TP4= @ 0.000140
TP5= @ 0.000167
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 2-1 tradeRoadmap for this 2 - 1 trade:
After crossing first 0.618 and now 0.5 we might also see a hit on 0.382. From there we might take a turn to reach at least 0.00013 sats possible even higher
This is not a financial advice. Please do your own research before putting any of your hard earned money on the market
#1INCH #1INCHBTC What next? Breakout, consolidation or go down?#1INCHBTC (Binance 4-hour)
Even we only have a 2-month historical chart, this interesting structure shows 2 patterns with a "Cup & Handle" formed inside an "Ascending Triangle", and followed by a "Falling Wedge" (due to the #BTC that dumped Alts) where it was stopped on the 50% Fibonacci retracement.
Now the question is, what next? Will it try to breakout soon, to consolidate at this level, or to go down?
Take your own decision... I made mine! ;-)
1INCH/BTC testing 3D support1INCH / BTC
Currently setting on and testing 3D support
If this Support hold for next few days ..we can expect a pump toward trendline resistance and hoping for Breakout there
If we lost this Support will move to second strong one
Take care while trading alts these days because BTC Dominance
Good luck