I'm in up until we it double digit however recently I've noticed a C&H forming WITHIN another pattern on UMA chart (check my TA). Since usually many coins/token have similar pattern or behaviour (BTC's fault) I've checked also on 1INCH and I've noticed this potential Adam&Eve pattern.
I've seen on some other TA on TradingView that A&E can have a retracement after its formation, from this point of view my my TA makes sense. Also, the Elliot Waves 2 and 4 bounced on 0.618 Fib level (not shown). If I'm right once chart goes over the pattern neck the first target will be between the rectangle and the 5th wave apex.
Being this a combo of patterns I would really love to have some feedback, either negative or positive, as long as we confront each other. I'm not sharing my TA only to teach but also to learn from your experience. After all TA is not an exact science and I'm sure many of you know a lot of things I don't.
I've seen on some other TA on TradingView that A&E can have a retracement after its formation, from this point of view my my TA makes sense. Also, the Elliot Waves 2 and 4 bounced on 0.618 Fib level (not shown). If I'm right once chart goes over the pattern neck the first target will be between the rectangle and the 5th wave apex.
Being this a combo of patterns I would really love to have some feedback, either negative or positive, as long as we confront each other. I'm not sharing my TA only to teach but also to learn from your experience. After all TA is not an exact science and I'm sure many of you know a lot of things I don't.
Comment:
4.04-4.48USDT resistance zone is very hard to break through for 1INCH, however it price manages to go over it I think it'll take off
Comment:
we need the current 4h candle to close higher than the last one and over 4.58 to be sure this won't retrace.
Comment:
about micro-resistances: first one was overtook, now the second one is 4.76 then 4.94.
I say "micro" because united these form a resistance zone.
I say "micro" because united these form a resistance zone.