variousCryptos

1INCH Breakout incoming?

BINANCE:1INCHUSDT   1INCH / TetherUS
1INCH has been consolidating since it's most recent peak on 4/09.

Looks like it is being squeezed into a bullish pattern after catching previous support line.

A break above the upper resistance line along with positive RSI trend and MACD cross would confirm in my opinion.

Comment:
Unfortunately BTC dumped and destroyed this break out.

A candle closed on the 4H chart above the resistance line along with MACD cross and increasing RSI just to be met by sell off pressure from a BTC dump.

As BTC goes so goes alt coins.
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