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P_S_trade
Jan 29, 2021 12:03 PM

1INCH There is a growth perspective but the volumes are alarming 

1INCH / TetherUSBinance

Description

To your attention another token of the decentralized ecosystem - 1INCH.
We will not describe the goodies that the token carries with it, who are interested, all infa is freely available.

We will describe the support and resistance levels and how they should be interpreted.

Now the price of 1INCHUSDT has renewed its high, which was set a month ago after the listing.
From a technical point of view, the token price is now skillfully testing the upper level for strength and trying to turn the previous resistance level into a support level.
If buyers manage to keep the 1INCHUSD price above the zone of $2.50-2.65, then an increase at least to $4 can be expected.

The growth does not look very natural, there are no volumes, the price is directed to where it is necessary for "interested parties".

And even earlier, they
. Read if you are interested in understanding the psychology of market behavior in a crypt.

If buyers do not take the initiative in pushing the price up, then the value of this young token may fall to $1.50, and this will be considered a good price anyway.
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Comments
Babenski
in this one i Totally agree
P_S_trade
@Babenski, buyers do not want to take the initiative)
Muhehe23
I decided sell it right now.....this token have too much???!!!??? :)
Muhehe23
@Muhehe23, and make mistake:)
P_S_trade
@Muhehe23, Let's see what happens to bitcoin next week
Muhehe23
@P_S_trade, i sell it for 3.01 - and now i'm crying
TheSignalyst
waiting for that break too ;)
P_S_trade
@TheSignalyst, well done)
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