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1INCHUSD

1INCH/USD - Ascending triangle towards $4!Can 1INCH double soon in price? Hell yeah! 1INCH is a decentralized exchange (DEX) aggregator where people can quickly swap ERC-20 tokens from Uniswap/SushiSwap and other platforms at the best possible price! 1inch.exchange We are now at the top resistance of this ascending triangle which may push us lower before we can break-out. Nevertheless, I expect us to break-out soon and move quickly to $3 and then $4. Target points are on the chart. The indicators are also looking good with a bullish MACD cross telling us momentum is in favor for a bullish move. We have to see how long this resistance line keeps us in the triangle, but the set-up is very clear to me. Aim to buy a break-out and watch volume as we go up. If all things click, enter at breakout or when we re-test resistance. 1INCH token was recently released on Christmas 2020 and is one of the HOT DEFI coins to flirt with. :) Like and follow if you liked this idea!
Long
by duonine
2
1INCHUSDT completed Cypher | Upto 56.5% move expectedHi friends hope you are well, and welcome to the new update on 1inch token. On the daily chart, the price action of the 1inch has completed the final leg of bullish Cyhper and entered in the potential reversal zone. Buying and sell ranges: The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 56.5%, and the loss possibility is 13.5%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
by moon333
1
1INCHUSDT - Potential retracement 🔽1INCHUSDT is testing the major ascending channel resistance as expected from my previous analysis. RSI is printing a bearish divergence signal. Potential retracement to the major ascending channel support / fibonacci retracement levels. Sell entry ⬇️ - breakdown below the minor ascending channel support. Target 🎯 - fibonacci retracement levels / major ascending channel support. Setup invalidation ❌ - breakout above the major ascending channel resistance.
Short
by Chibuike_Odoh
1INCH/USDT best buy area 1INCH / USDT Ascending channel detected Price can have correction at trendline resistance Best buy area if correction happens is to buy at lower trendline of channel (green area) With small stoploss = candel closing below The other scenario is to pump and break trendline resistance from this point without correction but the risk for entery here will be higher I recommend to wait correction And potential target is up to 1.50$ - 1.60$ Good luck and happy trading 🌹
Long
by Babenski
11