Get started
InkyGrip

1INCHUSDT is testing the daily resistance

Long
1INCH / TetherUS (BINANCE:1INCHUSDT)  
InkyGrip Updated   
BINANCE:1INCHUSDT   1INCH / TetherUS
Trend Analysis Harmonic Patterns Chart Patterns
10
8
trendanalysis harmonicpatterns chartpattern
snapshot
The price had a breakout from the dynamic daily resistance a got a rejection from the 4h dynamic resistance as well

the market is testing the daily resistance on 1.8$, it's a strong area, if you look on the left you can see how the price got a rejection from it.

How to approach?
IF the price is going to have a breakout from the daily resistance and 4h dynamic resistance with volume, we can add to our watchlist and wait to apply our rules.

–––––
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
Comment:
snapshot

The price got a rejection from our Dynamic resistance.
As I said, we need to see a clear breakout of these structures!
Comment:
snapshot

The price got a rejection from the 1.9$ from our Dynamic resistance and daily resistance as well. Our strategies were never triggered.
We can remove it from our Watchlist
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.