1INCHUSDT trade ideas
1inch changing the resistance to support. 1inchusdtHello guys. As you can see on the chart finally the breakout happened and the price is retesting the support base band and new ascending is on If the whole market follows because the BTC's situation. The targets will be 65- 75- 85.
Good luck.
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1INCHUSDT is testing the previous Lows!the price is creating an inverse head and shoulders on daily timeframe
And now the price is testing the previous lows as resistance.
An inverse head and shoulders pattern is a bullish reversal pattern that is formed after a downtrend. It consists of a left shoulder, a head, and a right shoulder, with the head being the lowest point and the shoulders being peaks that are roughly at the same level. The pattern is considered complete when the price breaks above the "neckline," which is the level that connects the peaks of the two shoulders. This pattern suggests that the trend is reversing and that the price is likely to rise in the future.
What's next?
We are waiting for the breakout and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
1INCHUSDT...chart of the day!BINANCE:1INCHUSDT
look at the chart...many chart patterns and many candles patterns, with so many support and resistance to consider.
but zooming in the chart (after you study it on zoom-out mode) you will see several opportunities to enter a buy trade:
look at the chart below and choose your fighter : 1 or 2 or 3
always a DISCLAIMER: FUK OFF!
#STOP_BEING_POOR
1 inch - Two Possible Trading Scenarios1 inch - Two Possible Trading Scenarios
From the previous price analysis "1 inch" achieved our first target.
Currently, I am looking for two possible trading opportunities.
The first is the blue scenario in which the price can continue to move
higher due to FOMC.
The second is the red scenario that the FOMC can dump the market and we can wait to buy later at a better price.
Thank you and Good Luck!
#1INCH : Looking for a mid term profitable run.As many of as know $1Inch is one of the crypto projects which didn't show a real pump while many of the crypto space showed a good momentum by the new year. Technically speaking with a pumping RSI movement, a good volume momentum, a cup and handle pattern formation which basically is a bullish one, Super Guppy showing a reversal favor for bulls. If it can keep above the current resistance level both in the mid term and longer term fib levels this is going to work out really well.
Current Price : $0.52
Distribution Areas :
Target 1 : $0.68
Target 2 : $0.90
Target 3 : 13X to 15X minimum for long term hodl.
Disclaimer: The opinion expressed here is not an investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of #AbaNefsoBulls and its subsidiary community #CTE rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
With Regards.
Nathnael B.
1 inch: Falling Wedge Pattern In a Critical Zone1 inch: Falling Wedge Pattern In a Critical Zone
The price is still developing a "Falling Wedge Pattern"
The price zone where it is right now is a critical zone.
Considering that the price was in a clear downtrend since at the
beginning of August 2022 the chances are higher that the price
can continue with the bearish move.
Considering that the crypto market is recovering these days it
can increase trading optimism through crypto traders.
A move of the price above the pattern will increase the chances
for the bullish move.
Thank you and Good Luck!