1INCHBTC trade ideas
#1INCH : A Perfect 4H Setup For AtLeast 50% Profits#Accumulation_Recommendation
Pair : #1INCH_BTC
Accumulation Area : 11000 sats - 11500 sats
🎯 Target 1 : 12550 sats
🎯Target 2 : 13351 sats
🎯Target 3 : 14153 sats
🎯Target 4 : 15294 sats
🎯Target 5 : 16748 sats
Mid To Long Term Distribution Area :
🎯Target 6 : 19660 sats
🎯Target 7 : 20946 sats
🎯Target 8 : +27740 sats
Stop Loss : Close below 9800 sats
1inch Completing BAT for upto 85.5% profit moveHi dear patrons, hope you are well and welcome to the new update on the 1inch token.
The previous idea of 1inch produced more than 500% rally.
Now on On the 4-hour chart, the price action of the 1inch with Bitcoin pair is completing the final leg of bullish BAT and soon it will be entered the potential reversal zone.
This trade has a profit possibility of 85.5% and the loss possibility is only 11%
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.
1INCH/BTC Breaking Out After Beating ResistanceToday, 1INCH/BTC managed to pierce through the 4700 sat resistance. The break out happened with such force that I believe we will see more bullish action in the coming days from this pair.
I've marked two areas of resistance on the chart, R1 and R2, both based at round numbers respectively. Be wary around these areas since there's a chance the price might reverse. Is it alt-season already?
1INCH Looks good, DeFi coins on Fire1INCH is the native token of 1inch decentralized exchange. DeFi coins are trending and giving good returns. 1INCH breaks the ascending triangle and now trading above it. This is a good opportunity to get in 1INCH.
Buy Zone: 3460-3470
Target: 3620-3830-4090-4360
Stop Loss: 3190
will 1inch start to outperform bitcoin?their new liquidity mining program launched yesterday with up to 900% APY. Some say this second program has less incentive for holding and will cause a lot of pressure on the 1inch price once the liquidity mining program is over (1inch-exchange.medium.com). But it is hard to estimate what impact it will have, their DAO is starting to get in shape and there might be more demand for governance than there is supply dumped by flippers. With both its all time high and all time low during the past two weeks, but also with a fully dilluted marketcap 10 times as high as the regular marketcap right now, this might end up in a bullish market because of its hype rather than its fundamentals.
1INCH caught my attention just now because its TVL (total value locked) increased with 300% over night (debank.com). As this is quite a new way of investing for me I've been discovering new metrics. However which metrics are significant and which aren't I still don't know yet.
1inch Bullish DivergenceI am jumping in on 1inch here as there is bullish divergence forming inside of a falling wedge. There was a nice runup on the initial listing and it's well oversold on the RSI. Adding a long position here and will look to take profits slightly shy of the top of the falling wedge.