1INCH/USDT Big Breakout to new Highs with a 80% Move Long

1INCH / TetherUSBinance

Description

⋅ Apr 13, 2021 10:15 PM

1Inch USDT pair has been ranging within a Ascending Triangle

and consolidating since printing its previous ATH .

We have a measured move of 80 percent as you
can see within the chart .

There are 2 ways you can trade this, you can either fill longs in the area

I have highlighted and use a SL managing your own account percentage risk

or WAIT for the resistance to be broken with

a candle close outside of the resistance and then Long.

This move will take us too the 1.618 fib Extension for some handsome returns .

* PLS note however that its important to monitor how BTC is trading before taking trades in ALTS

as these setups can have there setbacks depending on BTC movements .

Like and Follow its only a Button .. click it and make my day for more setups

Trade closed manually

⋅ Apr 23, 2021 8:41 AM

Comments

The_Father_of_Crypto

⋅ Apr 14, 2021 8:48 PM

Could be that, a bullish triangle... hope not it would mean another month of consolidation. I think it will pop faster, something like that

SJTRADESFUTURES

⋅ Apr 14, 2021 10:30 PM

@The_Fathers_of_Crypto, thats for sharing your thoughts and analysis , We see similar targets with different models to get there ..haaa lets wait and see ..Cheers