1inchUSDTThe 1inch Network, a widely recognized decentralized exchange with millions of users, is well-known in the cryptocurrency community.
Analyzing the 1INCH chart, we observe a clear pattern: initially an oscillation phase, followed by a downtrend, and now, importantly, a breakout from this downtrend line is evident, marked by strong momentum.
Key Indicators:
SuperTrend on a weekly basis has flipped to a Buy signal.
There is a breakout in both price action and the Relative Strength Index (RSI) resistance.
The Exponential Moving Average (EMA) ribbon is on the verge of turning positive on a weekly basis.
- Multiple oscillators have been showing a positive divergence for over 12 weeks.
Resistance and Support Levels:
A strong resistance is noted at $0.57. Successfully flipping this level could easily propel 1inch towards target levels T1 and T2.
Support is established around $0.42.
Buying Strategy:
- Accumulating between $0.46 and $0.42 is recommended as a strategic buying approach.
Additional Note:
- Caution is advised for all trading activities between January 10 and January 24. This period may require careful attention due to potential market volatility or other influencing factors."
1INCHUSDT trade ideas
1inchNetwork - That is easy😎🚀1inchNetwork
That is easy - break the weekly POC and trendline resistances and fly to new ATHs 😎🚀
Your thoughts on 1INCH dear Crypto Nation?
Comments💭, Likes♥️ & Follow🔗appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
1inch Network (1INCH) - 10xOn the above 5-day chart price action has corrected over 90% since Spring of 2021. Now is an excellent moment to be long. Why?
1) A strong buy signal prints (not shown).
2) A break out from price action and RSI resistance.
3) Multiple oscillators printing positive divergence over 12 weeks. Amazing.
3) The target is around $4. Some of you know why some of you don’t.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 10x
1INCH NEW VOLUMEThank you for reading this update.
Depending on our study we see that 1INCH has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
Budget expansion before TaurusFirst of all, hello, 1INCH coin, which could not follow the rise after a long decline, continues with strong steps by making all the support and resistance attempts it can. Coin officials, who have a limited supply of 1.5 billion, announced that there would be no production for the future. With the limited 1INCH coin that will be created in the market in line with supply and demand, the price will skyrocket as demand will not be able to balance supply. I showed the short-term targets directly on the table. I logged in with the entire balance and I aim to forget the 10% of my earnings and the budget I left behind for 10 years. YTD.
⚡️1INCHUSDT CMC TRADING ⚡️ EXPANDING CHANNEL1INCH has undergone a bearish breakout within the prominent hourly expanding channel. The lower boundary of the channel has distinctly experienced a bearish breakout. Our anticipation includes the formation of a correctional leg, potentially retracing the price to around or below the 50% level on the Fibonacci scale.
1INCH: VOLTALITEAs evident on the chart, there is a pattern of an expanding triangle. It is worth noting that, in the case of 1INCH/BTC, the level at 0.00001 holds significant importance. The price action around this level suggests that the uptrend is being maintained, and we anticipate an increase in volatility.
Analysis:
The expanding triangle formation indicates a period of increased price volatility as the range between the high and low narrows, ultimately leading to a breakout. In this case, the level at 0.00001 has acted as a key support level, with multiple touches and rebounds, reinforcing its significance.
The ongoing uptrend in 1INCH/BTC shows resilience, with the price consistently testing and holding above this level. While it's important to exercise caution in all trading scenarios, the bullish momentum and the tightening price range suggest that the market is preparing for a significant move.
Traders and investors should monitor this level closely, as a decisive breakout above or below 0.00001 may indicate the direction of the next major price movement. Additionally, increased volatility can offer potential trading opportunities, but risk management remains paramount.
Keep a watchful eye on this market for potential trading opportunities and be prepared to act upon a confirmed breakout from the expanding triangle pattern.
Please note that trading involves risks, and it's essential to conduct thorough research and use appropriate risk management strategies when making trading decisions.
Review and analysis of the 1 inch chart in the daily time frameIn the review and analysis of the 1 inch chart. The signs of upward movement have not been fully formed yet.
One of the most important signs of upward movement is the breaking of the daily trend line and its stabilization above the specified supply area.
If the upward trend line breaks and stabilizes (candle close), you can enter into a buy transaction when the price returns to DP and exit the transaction up to the specified target.
It should be noted that this scenario is valid if the daily trend line is broken.
1INCH/USDT Bullish Continuation form Demand Zone? 👀 🚀1INCH💎 Paradisers, let's dive into #1INCHUSDT as it's showing signs of a significant market maneuver. Positioned in a demand zone, it is primed for a potential upward swing, especially if it maintains its current momentum. A successful push from this level could see it breaking through the supply level at $.4224 and advancing to challenge even stronger supply zones.
💎 Reflecting on #1INCHNETWORK's recent history, it’s displayed a knack for navigating descending channels, breaking above, and then initiating an upward trajectory. Currently, 1INCH is eyeing the robust supply level at $.4224, gearing up for what could be another shot at breaking through this crucial barrier.
💎 #1INCH traders understand, crypto markets are akin to a strategic game. If 1INCH doesn’t capitalize on the bullish momentum and begins to decline, it's prudent to have a Plan B in place. This could involve rallying from a lower support level at $0.3103.
💎 Importantly, should #1INCH descend below this secondary support, it’s a call for a strategic huddle. Such a turn of events would signal the need for a reevaluation of the bullish perspective and a shift in trading tactics to align with the new market conditions.
🔥1INCH Is Still At The Bottom: $2 Is A Top Target❗️1INCH is still at the bottom and testing the top of the channel. If the price will break the channel, the price will go up.
I marked 2 targets on the chart. The closest target is at $0.91 key level and the next target is $2.
💥 Is the altseason coming soon❓
like❤️ and follow
1inch vs Traditional DEXes: Charting a New Course in DeFi Tradi🔄 1inch vs Traditional DEXes: Charting a New Course in DeFi Trading! 🔄
Hello Crypto Innovators! 👋 It's the FXProfessor here, taking a deep dive into how 1inch is reshaping the DeFi landscape compared to traditional DEXes. Let's uncover the revolutionary strides 1inch has made in decentralized trading.
1. Aggregation Protocol - A Game Changer:
🌍 Unlike traditional DEXes, 1inch consolidates multiple platforms into one, ensuring users get the best rates without the hassle of platform hopping.
2. Optimizing Trading Costs:
💸 1inch's advanced algorithm cuts through the noise, finding the most cost-effective paths and minimizing slippage - a significant leap from the norm in traditional DEXes.
3. User-Friendly Interface:
👥 Standing out with its accessibility, 1inch caters to all levels of traders, breaking down the technical barriers often encountered in traditional DEXes.
4. Unmatched Security:
🛡️ 1inch prioritizes user safety with rigorous security measures, setting a high standard in a landscape where traditional DEXes sometimes falter.
5. Efficient Token Swaps:
🔄 Liquidity constraints? Not an issue with 1inch. Its aggregation protocol ensures seamless token swaps, a stark contrast to the limitations of some traditional DEXes.
6. Community and Governance:
🤝 1inch fosters a robust community-driven ecosystem, empowering users in ways that many traditional DEXes have yet to embrace.
FXProfessor's Analysis:
📈 1inch represents a paradigm shift in DeFi trading, setting new benchmarks in efficiency, user empowerment, and accessibility.
🌐 As the DeFi world evolves, 1inch stands at the forefront, paving the way for a more inclusive and advanced trading environment.
Trade smarter, embrace the future, and let’s navigate the exciting world of DeFi with 1inch leading the way! 💙
One Love,
The FXProfessor 💙
Link: medium.com
1 Inch Potential: The Perfect Entry Point for Profits 💰"**1inch (1INCH) Fundamental Analysis**
1inch is a decentralized exchange (DEX) aggregator that aims to provide users with the best possible swap rates by aggregating liquidity from multiple decentralized exchanges (DEXs). It has gained popularity in recent years due to its ability to find the most efficient routes for swapping tokens. The 1INCH token is the native token of the 1inch network and is used to incentivize liquidity providers, vote on governance proposals, and pay transaction fees.
**Recent News**
* **1inch Integrates Polygon-based DEXs**
1inch recently integrated with Polygon-based decentralized exchanges (DEXs), allowing users to swap tokens on the Polygon network through the 1inch platform. This integration is expected to expand 1inch's reach and bring more liquidity to the Polygon ecosystem.
* **1inch Launches Multichain Bridge for 1INCH Token**
1inch has launched a multichain bridge for the 1INCH token, allowing users to seamlessly transfer 1INCH tokens between different blockchains. This bridge is expected to improve the usability of 1INCH and make it easier for users to access the token's benefits.
**Disclaimer**
Investing in cryptocurrency is a risky endeavor. The price of any cryptocurrency can fluctuate significantly and you may lose money. Always conduct your own research before making any investment decisions.
1INCHUSDT Perpetual Futures Move To The Opposing Liquidity LevelLikely push to the upside as price has retraced into the 36 EMA on the 1 HR TF, with a bullish fvg placed at this very psychological level, I am anticipating for price to break through most recent swing high at 0.3848 to 0.4 price level.