#1inch #Crypto #Defi
on 2022! DEX segment increased rapidly in 2021! Number of 1inch users grown from 80k to 600k! What you think will happen in 2022?
In June already 13% of Vol. traded on DEXEs and user growth on AMM and DEX is strongest in #Defi space!
1INCH has recently given us a double top and then an ascending trendline break = we're bearish.
We are currently in a bear flag and watching for a breakdown with targets being the -61.8 level which coincidentally falls in line with the previous lows..
For confirmation, watch for the bear flag to breakdown.
See chart update for Daily timeframe.
Named after Kung fu legend — Bruce lee’s famous one-inch punch; 1Inch token is the native token of 1Inch exchange. This project is a decentralized exchange aggregator similar to Uniswap and Sushiswap, its main rivals. On the chart we can see that just recently it had a Golden cross and it is now preparing to go up after a brief consolidation in the 0.236 region
". There is a possibility of temporary retracement to the suggested support line (3.542).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. 1INCHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
🌟1INCH has been in a good shape for last week to enter but we still waited for a better position and now we decide to enter from the same value because its somehow killing time in the sideway and we can invest somewhere else too, that's a thing not in our favor while we have such a great coin under observation
🌟if you take a good look at bullish cycles in this...
now in a face with very important resistance and if it can break successfully higher level of price is easy to reach and if not the support levels is the main host for price next movement..... all the possible trend draw
I'm more happy to see the long trend as we draw time analysis which can possibly be happened in next 7 days.
1INCH - quality fundament token.
Buy volume is growing. This is ready for pump, still without retracement after dump.
Trading on 3,1 USD after nice reaction from the support on 2,7 USD.
You can chose two setups.
1 - entry around 3,1 USD with tight SL around 2,5 USD and targets more than 4 USD.
2 - entry between 2,3 - 3,1 USD, SL below 1 USD and targets...
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Price breakout any time soon, if BTC continues the uptrend.
If price breaks this narrow parallel uptrend channel will bounce at the main support area.
Either way, there is a nice entry point.
Zoom out for more details.
1inch Price (1INCH) = $2.36 -10.09%
0.00006889 BTC -4.85%
BINANCE:1INCHBTC may be ready for potential up move,
After held the support area, retested again recently.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for...
I'm gonna go through most major crypto charts and put them here one by one in alphabetical order unless there is some serious news or volatility and something needs to be addressed.
So let's start with 1-Inch. If the market continues in an uptrend 1-Inch will run to $6. I would lock some profits at the 0.618 Fib level.
If we take route with bears look for this...
the green line indicate to buy using 40% .
the red line below green line indicate to buy 30% from that point
the black box which can be used as stoploss or 3rd posistion fot buying
all details are in chart . if you like then like this so i know you like it :)