1INCH The fundamental coin is one of the leaders in the DEFI industry. Bought in the OTE buy zone (Optimal buy zone) This is a price correction to the 0.38-0.5 Fibonacci levels from the initial recovery impulse on July 21-August 20. I bought it for only 20% of the entry, so that it could be averaged if the price falls into the zone 2.2-2.1
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,...