Warning: our thoughts are ours; not financial advice.
According to our strategy, accumulate when the price is below the 21 MA, sell when it's above. And being in an uptrend, we think the 1Inch is a great asset to accumulate right now.
Target between $9-$10.
1INCH/USDT Thoughts
1INCH/USDT has broken the support @ but could not break the level 3.0039 below and got rejected strongly. Now we will wait for the breakout above as can be seen in the chart and then we will wait for a retest for confirmation of buy trade.
If you like my idea, hit like or comment your thoughts on it.
Best Regards
If you like Uniswap and Sushiswap you'll probably be a fan of 1INCH Exchange another fundamentally strong Decentralized Exchange (DEX). Decentralized Exchanges have been exploding in volume and and user growth this bull cycle and it will only continue go grow as the market expands and the demand for DeFi increases.
As of right now 1INCH has been in accumulation...
1INCH corrected over 50%... and now we find ourselves at a KEY level of support - the previous ATH and .61 fib level.
This is a very strong support for 1INCH and you can buy it at half price compared to early Feb when it was $6.
For this reason, I think long opportunities here (around $3) are a good bet. Falling under this support would mean both ETH and BTC...
As I've showed before with UMA even 1INCH as I suppose many other coins/tokens got their major chart pattern changed from recent market dump. Previous chart pattern was a falling wedge whose breakout had formed another triangle (I don't know if I had updated this particular, I left it in the chart anyway). That triangle was already breaking downwards (I knew it...
Hello to you all. Mars Signals team wishes you high profits at all times.
According to the sharp fall of the Bitcoin during the past day, other currencies are also subject to falling. 1inch has also been no exempt from these fillings.
The supports ahead of it are drawn on the chart. We will still predict further falling until Bitcoin calms down.
The market is...
1INCH has been trading inside a channel for almost a month now. With yesterday's sell-off, it finally broke the channel on the bearish side.
On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows . Do your own due diligence.
Happy trading!
Due to the fact that it is in a downward channel, it should fall to near the bottom of the channel, and then we expect it to move towards the top of the channel, which, of course, depends on the continuation of the bitcoin trend, and you should monitor
A very sharp bullish run followed by a consolidation in a rectangular region which means we will again see a bullish run after it breakout the region.
Disclaimer: This is not a financial advise. Do you own diligence.
