1inch
1INCH: Bullish Momentum Building Up! 💎1INCH has recently broken out of a resistive channel and formed an inverse head and shoulders pattern, signaling a transition from a bearish to a bullish market structure.
💎Should the 1INCHUSDT price break out above the resistant zone, it would confirm the inverse head and shoulders pattern and potentially lead to a bullish movement towards the next resistance level. In the event of a pullback, we can anticipate a bounce from the demand area, particularly if accompanied by a bullish candlestick pattern.
💎However, if panic selling ensues and leads to a breakdown below the demand area, signaling a bearish market structure, it would be advisable to wait for clearer price action signals before considering any trading decisions.
1INCH Trade Idea Setup - 1inch has so far held the retracement and now building the base
- Crypto is currently sitting in a very nice place where we can see a huge action and infusion in Major and Minor Alts
- If you are positioned or planning to position in Inch then it's better you hold or enter it before it shoots up
- Don't risk more than 10%
1 Inch Swing Long Setup Update- Inch followed my path and it exactly moved the way I had anticipated
- My overall expectation out of 1inch remains the same and I am still bullish
- If you already have 1 inch in your bag or accumulated it in the dip then you can keep adding more and more size in every retracement you see.
- Do not start cutting your size until the overall market turns bearish, the only key to compound your gains is by adding more to your winners and by holding them for long and the opposite goes for your losers.
- IMO you can hold this and do not square off before the first quarter.
💡Don't miss the great buy opportunity in 1INCHUSD @1inchNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.542).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 4.025
TP2= @ 4.438
TP3= @ 5.157
TP4= @ 6.524
TP5= @ 7.876
SL= Break below S2
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1INCH/USDT CHART BREAKOUT COMING 🤔 !!Hello guys in this chart it is forming inverse head & shoulder pattern, if this pattern breakout than we can see good pump in !inch. But for pump it need to break neckline ($2.1465) and if this neckline breaks tan we can see up to $2.64. So guys just wait for breakout.......
💡Don't miss the great buy opportunity in 1INCHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (11002).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 13195
TP2= @ 14828
TP3= @ 16530
TP4= @ 19000
TP5= @ 21820
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in 1INCHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (4.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. 1INCHUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 5.11
TP2= @ 5.48
TP3= @ 5.90
TP4= @ 6.33
TP5= @ 6.81
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️