1INCHUSDT trade ideas
๐1inch Network (1INCH) Apr-10 #1INCH $1INCH
The selling force of 1INCH has decreased quite a lot and the buying power is gradually appearing when 1INCH approaches the $ 1.6 zone. So we can start accumulating 1INCH from $1.5-1.6 and expect a strong rally to $2.2 and $2.6 this April. However, if it loses the $1.5 zone, it might retest the dip 1.2$
๐RED PLAN
โป๏ธCondition : If 1-Day closes ABOVE 1.5$ zone
๐ดBuy : 1.6 - 1.5
๐ดSell : 1.9 - 2.2 - 2.6
๐BLUE PLAN
โป๏ธCondition : If 1-Day closes BELOW 1.5$ zone
๐ตSell : 1.5
๐ตBuy : 1.35 - 1.2
โDetails
๐Red Arrow : Main Direction as RED PLAN
๐Blue Arrow : Back-Up Direction as BLUE PLAN
๐ฉGreen zone : Support zone as BUY section
๐ฅRed zone : Resistance zone as SELL section
1INCHUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button๐(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 2.2 - 2.5 - 2.7
after first target reached move ur stop to breakeven
Stop: 1.65 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
1INCHUSDT is creating a bullflagThe price is creating a bullflag above the daily support on 1.86$ after a retest of 0.618 Fibonacci level.
The price needs new momentum and need to create a new breakout from the 1.91$ key level
How to approach?
IF the price is going to have a breakout from the bull flag and 4h resistance, According to Plancton's strategy , we can set a nice order
โโโโโ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โโโโโ
Follow the Shrimp ๐ฆ
1Inch - huge bullish pattern completingI expect price reverse to the upside in 2-3 weeks from today.
Assuming a large flat pattern with the wave (c) in its final stage, next move up has the potential of x4 just to tag the ATH.
Wave (b) did not break the high, therefore I expect a reversal to take place as the wave (a) on the chat will be broken.
Good luck and follow this post as I will update the structure and my entry here.
Good luck!
1Inch - buy ideaSince the last post the pair made an impressive move up.
On my working time frame I would like to show a potential nice entry:
- retest of the flat channel
- test of the lower boundary of the future base channel - price has tested/ pulled back by 38%, that should be the median of a base channel, and the next leg down may likely test the 62%.
Trade safe