1INCH on the way back to strong support line - bounce or drop?
Hello traders,
Last 2 days is hard to predict any movements, because now whole crypto market depends on BTC. When Bitcoin bounces or remain stable for a while, we can look for new trades and opens. But in general, BTC dominance keeps falling day by day, so alts are compared to BTC way better (in usd values).
In this analysis we can see that 1INCH will probably test its support line, I think it will bounce, only if BTC fill fall under 30k, INCH may broke also this support. But if BTC remains stable/will grow, it should be good point to enter long for INCH on this support line.
Also guys, I was looking for some new apps to store/stack/buy crypto and found Celsius (review 4,6* www.trustpilot.com/r...view/celsius.network)
Advantages:
- no withdrawal fee
- you can buy via Sepa/card
- stacking stablecoins 10,5% apy (annual inflation is +-2,5% so you can still be profitable with stacking fiat/stablecoins)
- stacking BTC/ETH for 5% apy
- many others crypto for stacking
- ref. bonus 20 USD if you login via my ref link (celsiusnetwork.app.link/107654f571) and deposit 200 USD or more (fiat or crypto)
- KYC required for safety
I usually do not share apps like this, but this one I had to. Passive income is also importnant
I will appreciate like and follow for more analysis
This is just personal idea, not investment advice
TRADE WITH BRAIN, NOT GREED
Last 2 days is hard to predict any movements, because now whole crypto market depends on BTC. When Bitcoin bounces or remain stable for a while, we can look for new trades and opens. But in general, BTC dominance keeps falling day by day, so alts are compared to BTC way better (in usd values).
In this analysis we can see that 1INCH will probably test its support line, I think it will bounce, only if BTC fill fall under 30k, INCH may broke also this support. But if BTC remains stable/will grow, it should be good point to enter long for INCH on this support line.
Also guys, I was looking for some new apps to store/stack/buy crypto and found Celsius (review 4,6* www.trustpilot.com/r...view/celsius.network)
Advantages:
- no withdrawal fee
- you can buy via Sepa/card
- stacking stablecoins 10,5% apy (annual inflation is +-2,5% so you can still be profitable with stacking fiat/stablecoins)
- stacking BTC/ETH for 5% apy
- many others crypto for stacking
- ref. bonus 20 USD if you login via my ref link (celsiusnetwork.app.link/107654f571) and deposit 200 USD or more (fiat or crypto)
- KYC required for safety
I usually do not share apps like this, but this one I had to. Passive income is also importnant
I will appreciate like and follow for more analysis
This is just personal idea, not investment advice
TRADE WITH BRAIN, NOT GREED