ZaxTrader

1INCH Bowl Formation

Long
ZaxTrader Updated   
BINANCE:1INCHUSDT   1INCH / TetherUS
At the weekly chart logarithmically, there are two bowl formations inside each other. The first target is $0.57 at the beginning of 2024, and it is likely to make a new ATH by the end of 2024.
Comment:
The first target level of $0.57 was reached. It continues to move forward step by step towards the main target. On the other hand, a cup and handle formation was formed. It will quickly rise to the 1.30-2.0 range in a couple of weeks.

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