1INCH - Broke downtrend
1INCH broke out of the downtrend channel right now but all platforms show a Sell situation,
Also the upper Bollinger is holding the price down which shows that we might have a small correction.
There are supports and resistance areas shown on chart, but personally I think we're going to see the price go down for now.
So for a safe strategy: Don't buy for now. Either hold or long when the price hit any of the support areas.
Current Market Price: $3.1180
Good Luck
Tell me your ideas. Like and Share
Also the upper Bollinger is holding the price down which shows that we might have a small correction.
There are supports and resistance areas shown on chart, but personally I think we're going to see the price go down for now.
So for a safe strategy: Don't buy for now. Either hold or long when the price hit any of the support areas.
Current Market Price: $3.1180
Good Luck
Tell me your ideas. Like and Share
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.