1INCHusdt ready for potential break up
volume increasing
RSI diversion
OVERSOLD from long time
BB squeeze
wait for the confirmaion
i will update the stop loss/entry and exit once confirmed.
1inch now on 0,4045 and we need see that this 4H candle close under the 0,4066 resistance level then we can short till floor of the channel and at same moment expect the price breakout the channel and 0,3888 support level, if it will be happening we keep one our position till 0,3619 TP.
SL 0,4255
Vero Crypto Academy.
Disclamer:
We are not financial advisors....
Hey, simple 1INCH setup --> Clean close below M - HIGH and we are back into range (with short)
Clean close above W - Mid and we are going after W - High
Nice and simple setup... just wait and launch
I hope you are fine
I have identified a diametric in large time frames, which I think we are in the last corrective wave of this diametric. After the g wave, we can see a valuable upward wave. The green area is suitable for returns, but note that we need confirmation or a trigger to buy
Comment if you have any questions
Thank You
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The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start...
As shown in the chart you can scroll back to November 13th 1inch had made a double bottom (one from november, the other one is an hour ago)
Bullish candle stick + doblebottom + broken the upper trend line in daily time frame which will give us a 50-125% in spot trading
And for future i recommend 5x with stoploss at 0.470
A nice example of connecting patterns on different sized candles
On the 4H candles we can observe a triangle, after breaking through which we started to form a falling wedge on a smaller timeframe (15m). While the wedge was broken, a lesser-known dragon pattern was formed (I'm just starting to study it .. thanks to @sylviasylvia .. ) whose last target is...
Hello traders,
I see a good opportunity but full of risk due to the market instability.
1Inche is forming a falling wedge on daily frame that may has a great targets up to 50% up.
how to trade falling wedge pattern?
you must know that, the falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of...
1INCH has been trading below the primary resistance level of $0.550 - $0.559 and forming a triangle pattern. The price is also rejected from the resistance with the confluence with the resistance line and is expected to drop slightly. A breakout of the triangle will decide the next impulsive direction. Until that, hold to any entry.
