This setup looks good. Obviously eyes on BTCUSD as ever
43500 btc/usdt then correction another little pump to the historial price resistance of 43500 or there abouts. Then id expect to see a correction from the recent rally.
Expecting 1INCH/BTC to go say hello to macro resistance. Doing something similar to what the 1INCH/USDT pair did. Target 5000 sats or there abouts.
1INCH broke through the macro resistance that has sat above its heads for a few months now. It managed to break through it helped by the bitcoin rally. Think there will be a load of volume and long positions take if we dip back down towards the resistance line and hopefully it can be turned into a support. 1INCH / BTC pair could look better but with time it will...
1INCHBTC breaking to the upside. Helping to USDT pair to rally.
Lets hope this support line down the bottom, producing higher lows can hold and we have lift-off 1INCH
I always enjoy seeing symmetry in the charts. Look at this contact with the 0.88% higher low, could well be the perfect swing trade entry.
Comfortable target would be 1.82, although it could go more and break the resistance. Would be then looking for a retest of it as support.
.....or is bitcoin going to fly through (I hope so)
Looking for feedback on my support / resistance line drawing. Looks like a wedge point downwards. Am I just biased and looking for a bullish pattern?