brendanwenzel

1Inch Exchange In Buy Territory With ATH Retest Within 2 Weeks

Long
KUCOIN:1INCHUSDT   1INCH Token / Tether
Buy Zone: $4.50 - $4.80

My idea is that this will bounce around inside this $4.50 - $5.20 channel and once it breaks through this triangle then it's heading straight to $6.30 where it'll meet some resistance before eventually breaking through for new highs.

I'm bullish on all exchange coins right now and they will all pop off on their own time, but it will happen.

Seeing Coinbase valued at $100b means these DEXs are likely massively undervalued right now. Their demand will skyrocket with the update from ETH of the layer 2 solution and v2 of Uniswap will help the whole industry.

1inch is a superior product, in my opinion, and should have a market cap similar to SUSHI.

I'm not going to sell more than 50% at any point. I will try to play the ATH resistance to add some more coins though. It's all about coin accumulation for me when these pull back at expected points.

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