Considering the previews upsides of the falling wedge chart pattern, it is reasonable to think that 1INCH could read $3.45 on the next pump.
Looking forward to read your opinion about it.
looking for a entry on 1inch for a short.
daily trend has been respected downtrend still valid 4 hr supply formed and confirmed entry confluent with HTF range EQ.
Reversal breakouts are setting up all over the place right now!
Our FTXPERP list is primed and ready.
So what have we noticed?
1. Price has trended significantly towards the downside and the sellers are now starting to look exhausted
2. Change in market structure
3. Price setting a new support level
4. Divergence between price and RSI
Targeting 2:1 as...
I am sharing my trading plan on 1INCH/USD pair. I will not do anytihn until it bounces form support zone. After I will be looking for flip over r/s levels. If I see a retest combined with good signals from RSI and MACD, I might invest some money on this pair.
1 Inch is at strong support ( Double Bottom) and heading for TP1
30 days forecast = TP1
Like this idea ? ....Please do a thumbs up.
Thank you for watching.
MVRV ratio is been below -15 for the last few days is a great buying opportunity. Finding support above this trend line would confirm the recovery. Of course as long as btc doesn't dump
1Inch has been testing and retesting it's Demand Zone and is helding up well in these tough times when whole market is shaken up because of SPX tanking down thanks to FED.
Therefore, once this FEAR and FUD from FED would be removed pretty soon then we can expect bullish price action happening in Crypto market for Short to MID Term.
This is my current BTC...
The following content is machine translation:
In recent days, the lower shadow line of December 4 has been repaired.
After the repair, it was supported and is currently rebounding.
The big Yangxian broke the downtrend line today.
The indicator macd rejects dead forks.
In operation, look for more, pay attention to the resistance of price 3, break through 3 and...
Looking at the daily chart a clear head and shoulders is forming. We are breaking the downtrend that completed the head, now consolidating to start forming the right shoulder.
The adx has a downtrend that has not broken yet but I think it will then we will see momentum.
The TMO is squeezing to the upside
Over all I think this could be a good possibility we can...
