1INCHUSDT.PS trade ideas
🆓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
1INCHUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 2.2 - 2.5 - 2.7
after first target reached move ur stop to breakeven
Stop: 1.65 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
1INCHUSDT is creating a bullflagThe price is creating a bullflag above the daily support on 1.86$ after a retest of 0.618 Fibonacci level.
The price needs new momentum and need to create a new breakout from the 1.91$ key level
How to approach?
IF the price is going to have a breakout from the bull flag and 4h resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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