P_S_trade

1INCH 1D Perspective to growth x10, where to buy ?

BINANCE:1INCHUSDT   1INCH / TetherUS
Today, our attention was attracted by the trading pair 1inchusdt.
Namely, its abnormal daily trading volume for yesterday and its price growth up by +100% from $3.90 to $7.73.

Please write in your comments, what do you think could cause such a rapid rise?

However, yesterday's rise of 1inchusd stopped just before the mark of the ATH
If we look at the whole trading history of the pair 1inchusdt, we can suppose that now can start forming the "handle" of the "Cup & Handle" pattern might begin.
The "Cup with a handle" pattern is shown schematically, i.e., it is not certain that the "handle" will be forming that long. However, we consider the area of $3.50-4.00 to be good for the medium and long term long position buying.

Well, if the buyers will not allow the price of 1inch to fall below $3.50, a strong growth may begin.
The growth targets are $10 to start with, and globally $23-33. By the way, these targets have not changed since we published our previous idea back in March 2021.
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