1INCHUSDT trade ideas
$1INCH.X/USDT - SHORT - Potential 15.54%$1INCH.X/USDT - SHORT - Potential 15.54%
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (1.0X)
Entry Targets:
1) 1.529 - 100.0%
Take-Profit Targets:
1) 1.477 - 50%
2) 1.425 - 25%
3) 1.293 - 25%
Stop Targets:
1) 1.618 - 100.0%
Entry Triggers - Pullback
Trailing Configuration:
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Published By: @BPTadmin
1INCH 1H SHORTAs you can see 1INCH is in a clear downtrend, painting a textbook bear flag. On lower time frames (15 mins and below), its clear that our volume indicator is going down while price is going up, suggesting distribution.
1INCH/BTC is also in a clear downtrend with bearish divergences and distribution there as well.
We are going SHORT on $1.54
🆓1inch 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 $1.5 zone, it might retest the dip 1.2$
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.5$ zone
🔴Buy : 1.6 - 1.5
🔴Sell : 1.9 - 2.2 - 2.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.5$ zone
🔵Sell : 1.5
🔵Buy : 1.35 - 1.2
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section