I've created this ticker myself to get an idea on how BSC projects perform as an asset class. I may not have all of the BSC assets in this index so if you know any other worthwhile projects, let me know.
Anyways, I am seeking an entry to BSC and looking for possible consolidation around 0.00185 levels. If it reaches there, I might get bigger positions in the BSC projects.
Price to retest important trendline.
Broken on 21-May, the trendline which acted like support is now flipped into resistance.
If it gets rejected we might see the price retesting the short-term support (white dotted line).
Eyes on $ETH & $BTC evolutions as well.
Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend broken, in the chart white line. If BTC rise again, alt can recover a bit but selling pressure can come, for 1INCH it is yellow resistance on the chart. Very important support is orange line. Have a nice one !
! Not a financial advice - This is my trading diary ! It helps me think about my ideas.
No idea what 1INCH does, but its chart is looking interesting. Currently rejected from 618 region, pulling back to previous breakout that is in confluence to another fib level. Will it make an SR flip? Lets see. I have my alarms set in case and I will add more to my current...
Waiting for a break of current resistance before entry then wait for the current resistance to become support before adding more funds. Looking promising but all depends on what BTC and BTC dominance does before comfirmation.
". There is a possibility of temporary retracement to suggested support line (11002).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. 1INCHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
1INCH has been inching along so far. Still hasn't been able to break out and really make a move above it's previous ATH.
Possibly moving up within this parallel channel.
There was a greater downward resistance line that it seems to have broken above as well.
Could this be the calm before the storm?
Given how long it's been consolidating for there's potential...