1INCHUSDT trade ideas
Will 1INCH price try to surprise everyone, or the show over now?Another "promising" project woke up as to us promised in 2021 - "the dead man" 1inch project)
In the second half of 2021, 1inchUSDT was probably launched, probably planning to make money on the hype of the "odor" from Defi boom.
But it didn't work out, almost immediately after the listing, the price of the 1inch token fell steadily, roughly speaking from $8-9 to the recent $0.25
Accordingly, as you might have guessed, this coin has a lot of "happy" investors who bought the token of a "promising" project. Especially large purchases of 1inchUSD were in t he range of $0.50-0.90
Is it worth buying 1inchUSDT right now? In our opinion, definitely not.
The 1inch price now is in the area of a strong mirror level + it has just hit the trend line.
If you believe in the prospects of the 1inch project and want to buy this token, then we have the following advice for you:
wait for a correction to $0.40 and then try to buy a little bit there
or wait for the 1inchUSDT price to break through and consolidate above a strong mirror level. This will essentially allow you to buy 1inch at +/- near the current price, but in a much more confident place.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
1Inch Buy SetupHere Is My Trade On 1inch
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
1INCH /USDT bullish move incoming?๐ 1INCH Today Analysis๐ 1INCH is showcasing a promising trajectory, having broken out from the descending channel, setting the stage for bullish sentiments.
๐ It's maintaining a strong position above the EMA 50, and the RSI is also above the 50 band, reinforcing the bullish momentum.
๐ With a clear bullish price retest, we anticipate the price to grab liquidity and then make a bullish move.
๐ Above, we have a Bearish OB level that the price is expected to mitigate.
๐ However, if the price enters the invalidation zone, 1 INCH could experience a significant downward shift.
๐In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Refueling for the flight?This currency has increased the possibility of its growth after the failure of a valid downward trend.
But you should not act too soon.
There is a big profit ahead, but it is still possible, so we should not rush.
In the picture of a hammer, it is clear that the price and the failure of that price are very important
Wait until the blue rectangle breaks
This is a great risk to reward
.
Share your thoughts with us
1INCHUSDT.P BEARISH SCALPING (4HRS) ๐๐Enter the trade after a bear candle bar closes below the line (enter trade), set your stop loss on the line (SL) and take profit using the line (TP) or you can adjust your Take Profit later on to take more profit. Thank you.
Note:
1. Do not enter trade if the Candlestick crosses the line, enter only if it closes a BEARISH below the previous candlestick, and the next Candlestick is a Bear bar.
2. Remember your risk management or risk ratio, to avoid blowing your account.
3. Wishing you a safe trade.
๐ Falling Wedge Alert on $1INCH! Reversal Potential!Hey traders! Today, I want to discuss an intriguing chart pattern I've identified on $1INCH. Let's explore the falling wedge pattern and its implications, particularly in relation to the parabolic trend. ๐๐ก
Pattern: Falling Wedge ๐๐ฝ
Symbol: CRYPTOCAP:1INCH ๐ฐ
Overview:
A falling wedge is a bullish chart pattern characterized by converging trendlines, with the upper trendline sloping downward and the lower trendline sloping upward. The presence of the parabolic trend further adds to the potential reversal scenario. Let's delve into the falling wedge pattern on CRYPTOCAP:1INCH in more detail. โก๐น
Key Features of the Falling Wedge on CRYPTOCAP:1INCH :
Converging Trendlines: The upper trendline connects lower highs, while the lower trendline connects higher lows, indicating a potential shift in market sentiment. ๐๐
Parabolic Trend Support: Notice that CRYPTOCAP:1INCH is currently holding the parabolic trend, which reinforces the bullish outlook and strengthens the potential reversal signal. ๐๐
Breakout Expectations:
Falling wedge patterns often precede bullish breakouts. To confirm the pattern, traders typically look for a decisive move above the upper trendline. It is essential to wait for a confirmed breakout before considering any trades. ๐๐
Trading Strategy:
Entry Point: Consider entering a long position once CRYPTOCAP:1INCH successfully breaks above the upper trendline of the falling wedge pattern, supported by the parabolic trend. This breakout could indicate a potential reversal and continuation of the upward trend. โฌ๏ธ๐ฐ
Stop-Loss: To manage risk, set a stop-loss order below the lower trendline, protecting against potential downside. โ๏ธ๐
Target Levels: Identify key resistance levels or previous swing highs as profit targets. Adjust your position size and take profits accordingly. ๐ฏ๐
Risk Management:
Implement proper risk management techniques, such as position sizing, setting stop-loss orders, and adhering to your trading plan. Always be aware of the inherent risks associated with trading cryptocurrencies like $1INCH. โ ๏ธ๐ผ๐ก
Disclaimer: Trading cryptocurrencies carries risks, and it is crucial to conduct thorough analysis and seek professional advice before making any investment decisions.
#FallingWedge #1INCH #Cryptocurrency #ParabolicTrend #BullishReversal #TradingStrategy #TechnicalAnalysis #ProfitTargets #RiskManagement
In conclusion, the falling wedge pattern identified on CRYPTOCAP:1INCH , combined with the parabolic trend, suggests a potential bullish reversal. Exercise caution and wait for a confirmed breakout before making any trading decisions. Stay tuned for further updates on $1INCH! ๐๐น
(Note: This post is for informational purposes only and should not be considered as financial advice.) ๐ก๐ผ๐
1INCHUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for 1INCHUSDT.1D
We are in daily time frame. As you can see, the price has reached our support zone, where we expect to have the potential to move towards the first line of resistance. But as long as the price fluctuates above our support line, we do not expect a bearish scenario. But if the price penetrates below our support line and stabilizes, we expect further decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
1INCHUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a daily time frame analysis for 1INCH USDT.1D
We are in daily time frame. As you can see, the price is fluctuating near our first support line and we expect it to be able to support the price as before and move towards its resistance line. But if the price cannot be supported and stabilized below our support line, we expect further decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care