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Shafay
Mar 14, 2021 12:09 PM

1inch, Calm Before Storm, Target $10 Long

1INCH / TetherUSBinance

Description

1inch has been consolidating for a while now.

Blue lines are the horizontal resistance. Price needs to break the vertical blue line to start a new bullish trend. BB bands are squeezing and the price needs to make a decision soon. I expect it will break upwards since RSI has blown out and MACD histogram is curving on 4H and Daily from red to green.

Expecting action in the next three days.

Entry is $4.13 if the 4H candle holds above it.

The targets are $7, $9 and $11
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