1INCH may crashHello, trading view community. Should you like this analysis please support with likes and comment your idea below the analysis. Thanks.
Never risk more than you can afford to lose.
Always DYOR.
1INCH has crashed more than %80 since its previous ATH.
It formed a head and shouldees patterns as marked on the chart.
Now it may crash into its weekly support zone ($1.15 - $1.24)
This scenario will be confirmed on condition that it drops to $1.39, then crash will began.
This is a personal idea and I am not a financial adviser.
1INCHUSDT trade ideas
1INCH/USD - Potential 500+% SetupHello Traders!
1inch completes the correction phase moving in a local downtrend. The price reached the buyers' interest zone of $1.05 - $1.58
In the visible trades volume profile, we see that the main volume is traded above the level of $2.54, which means that buying below the $1.58 price level will be very advantageous for the medium and long-term deals.
It is possible to gain a position in the range of $1.05 - $1.42. It's better to keep 25% of allocated funds for the deal in case of a price decrease to the price level of $0.76 though.
The targets for fixing of such purchases will be price levels
$4,26
$5,88
$6,65
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
$1INCH.X/USDT - SHORT - Potential 15.54%$1INCH.X/USDT - SHORT - Potential 15.54%
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (1.0X)
Entry Targets:
1) 1.529 - 100.0%
Take-Profit Targets:
1) 1.477 - 50%
2) 1.425 - 25%
3) 1.293 - 25%
Stop Targets:
1) 1.618 - 100.0%
Entry Triggers - Pullback
Trailing Configuration:
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Published By: @BPTadmin
1INCH 1H SHORTAs you can see 1INCH is in a clear downtrend, painting a textbook bear flag. On lower time frames (15 mins and below), its clear that our volume indicator is going down while price is going up, suggesting distribution.
1INCH/BTC is also in a clear downtrend with bearish divergences and distribution there as well.
We are going SHORT on $1.54
🆓1inch Network (1INCH) Apr-10 #1INCH $1INCH
The selling force of 1INCH has decreased quite a lot and the buying power is gradually appearing when 1INCH approaches the $ 1.6 zone. So we can start accumulating 1INCH from $1.5-1.6 and expect a strong rally to $2.2 and $2.6 this April. However, if it loses the $1.5 zone, it might retest the dip 1.2$
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.5$ zone
🔴Buy : 1.6 - 1.5
🔴Sell : 1.9 - 2.2 - 2.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.5$ zone
🔵Sell : 1.5
🔵Buy : 1.35 - 1.2
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section