InkyGrip

1INCHUSDT is creating a bullflag

Long
InkyGrip Updated   
BINANCE:1INCHUSDT   1INCH / TetherUS
The price is creating a bullflag above the daily support on 1.86$ after a retest of 0.618 Fibonacci level.
The price needs new momentum and need to create a new breakout from the 1.91$ key level

How to approach?
IF the price is going to have a breakout from the bull flag and 4h resistance, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Comment:
The price is trying to have a breakout from the bull flag!

Don't miss it
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.