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1INCH / TetherUS

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1INCHUSDT trade ideas

🎯1INCH: 2 main targets for possible trade! Nice local short!1Inch continues its consolidation along with Bitcoin and the entire crypto market. After the local growth, you can see the weakness in the price of this alcoin, which we can take advantage of. The key points on the chart: at the test of the key level of $0.97 and the local trend line volumes decrease (example on the volume indicator). This indicates the absence of the buyer and the price can fall to the marked targets. The main areas: $0,99-1,01 - local resistance $0,91-0,94 - local support, first and the main target for short trade . Below this area can be lot`s of long traders syop losses, so the shakeouts of this are is highly possible. In this way the big player accumulates long postition. $0,77-0,80 - local support, second target with low possibility to happen, but this is the large value area on the horizontal volumes. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
6
1INCH/USDTfalling wedge pattern, the purple line is just an idea of a potential inverse head and shoulders playing out! I would like to add half the TVL has left all dex exchanges in general, towards end of last year there was $110B TVL now there is around $55B TVL 1inch actually has a market share and is an aggregator, which gives best price for that swap. Lots of catalysts coming up for $1INCH 1inch pro Aave listing Utility such as revenue sharing for 1inch holders New protocol feature to be released, team is waiting for audits to be completed Forum/governance discussions in regards to utility
Long
by UnknownUnicorn22804749