1INCH looks exceptionally good here. Breakout and retesting. Expecting 20% gain from this trade.
Entry: $3.05 to $3.11
Stop Loss: $2.66
1INCH has its Mainnet coming up on the 20th of September, 2021. So, this can be huge.
Accumulate the dip and stay close to your SL.
Note: This is not financial advice. I have done my own...
Price got affected by BTC's drop, however it is now moving in an uptrend on LTF. MACD lines just crossed and became bullish but RSI is still sold and price is still trading below EMA ribbon. Price might struggle on $3.011 although if broken we would expect it on the 2h supply zone.
-1INCH is ready to go higher due to the fact that price bounced from support line and reached resistance level, price can break it and go up to resistance zone
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL
Traders, if you liked this idea or have your opinion on it,...
1INCH has broken the resistance line of an ascending channel which has been retested and now it is acting as a support. On HT RSI and MACD are showing bullish momentum. We bounced off of the daily Supply zone but I will risk here by opening Long position anticipating the volume and the bullish momentum to push the price higher and Supply zone to be broken and retested.