1INCHUSDT trade ideas
1INCH trying to break through the resistance.Like the entire 1INCH market, he built a local growth line in 4h intervals. However, we must observe the behavior of BTC which has the greatest impact on what is happening with the market. it is worth noting that higher lows have been built, while the highs are getting lower.
1INCH/USD - Potential 108% SetupHello Traders!
The price of 1inch has tested the strong support level of $1.58. The RSI indicator on the daily timeframe shows that the asset is oversold.
It is possible to consider purchases in the range of $1.42 - $1.58, counting on the correction of the downward movement.
It is worth closing the position by a stop-loss if the price goes under the support level of $1.05.
The targets are Fibonacci levels:
$2,50
$2,83
$3,17
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Entering buyer's interest zone1INCH has strong fundamentals and had many dApp integrations in last months.
Due to bearish market conditions the coin is in oversold area now.
Good entry at current levels or even better when it gets closer to green line 1.95 - 2.05 zone.
Disclaimer: I am not a financial advisor and this is not financial advice.
Please always DYOR and feel free to share your comments, questions and thoughts below!
Same 1INCH cycle as last time! LOOK ! ! ! 🧐😱😱 Hello everyone,
At the same time as Bitcoin and Ethereum delete investors by jumping up and down. 1inch performs its previous moves with 100% efficiency.
After counting a sharp decline, it drew:
- #1 bottom
- correction
- double top
- fakeout
- #1 bottom
As since the last bearish market on May 23.
Do we have a chance for growth now? If the cyclicality continues in line with the last time, the answer is yes
Price soared by 362% in recent gains
If it goes that %high in the future, I'm aiming to retest the highest points (where I will be exiting some of the profits) and aiming further at FIB 1,618 that is $ 11.1 for coin
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greetings