1Inch is the most used DEX Aggregator and has more liquidity than any DEX. And yet, the token associated with the project hasn't seen much growth for several years yet.
The price is still in the accumulation phase, but we can see that it is sustained and that long-term investors haven't given up on the project.
At its maximum capitalization, this crypto was...
Hey guys!
Analyzing past movements, we can see price used to move inside a downwards channel until it broke out from it. But not only that, it broke out and pierced through the Ichimoku Cloud in the weekly timeframe which is huge!
So here's some plan:
1) Condition: -price must breakout from 0.58 towards the upside. After that, it should re-test the zone to give...
-21/200 MA closing on Daily
- Fibonacci Extension
Embark on a mystical trading quest with a unicorn-inspired strategy, blending neutrality, Fibonacci analysis, and DeFi's decentralized treasures. Adopting a neutral stance akin to a wise unicorn, traverse the enchanted market forests with clear-headed adaptability. Harness Fibonacci retracement levels, ancient...
A long trade based on a significant daily pullback and upcoming news involves several key steps to manage risk effectively:
-Identify Setup
-Confirmation Indicators
-Upcoming News status
-Entry Point and Stop Loss
-Position Size and Risk Management
The intersection of traditional finance and the burgeoning world of decentralized finance (DeFi) reached a pivotal moment as 1inch Network unveiled its groundbreaking initiative: the 1inch Card. In partnership with crypto card developer Baanx and payment behemoth Mastercard, 1inch Network introduces a game-changing solution designed to streamline cryptocurrency...
D Update
My primary count considers we are in an ending diagonal (blue 1-5) to wrap up black wave 5.
There is strong trendline support with is currently being tested (gray zone).
This count is valid as long as we stay above 0.4606.
stop below yellow line
as long as we close above here on the daily we shoudl break bad
yellow line is previous range high which loos to be getting tested
G-Money's short version analysis based purely on technical analysis only, no nonsense "BS":
Stop Loss (SL): -0.6247 USDT
Entry Point: -0.5381 USDT
Take Profit (TP): 0.4946 USDT
PS: ( 1 ) Remember: recommended re-enter area is between Stop Loss (ST) & Entry Point.
( 2 ) If price went half way between Entry Point & Take Profit (TP), be patient please & wait...
1INCH is bouncing off the Fibonacci 0.382 level and bouncing off the resistance area. Bearish trend is likely to continue and reach the resistance level at 0.49.
1inch (1INCH) - Fundamental Analysis and Recent News (as of March 26, 2024)
1inch Network (1INCH) is a decentralized finance (DeFi) platform that focuses on providing users with the best possible rates for swapping cryptocurrency tokens. Here's a quick rundown:
What it does: 1inch acts as a decentralized exchange (DEX) aggregator. It searches across multiple...
BINANCE:1INCHUSDT
A long trade opportunity is identified following a breakout and confirmation above the downward channel. This confirms a price move above $$0.5560.
Important Note: This is just an analysis, and future price movements are never guaranteed. It's crucial to do your own research before making any trading decisions.
Good luck!
#1INCH
The price has been moving in a downward channel since July 2023
This descending channel was broken upward
It is expected that the price will continue to rise
Current price 0.4593
The first target is 0.4968
The second target is 0.6020
The third goal is 0.7256
#1INCH/USDT #Analysis
Description
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+ I'm seeing a clear divergence from the RSI and it's bearish divergence.
+ Also i'm seeing price moving in bearish direction.
+ I'm entering a small short position at this range with tight stoploss.
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