1INCH UPDATE: Once more retest support and then new ATH?
Hello traders,
One short update for 1INCH. As i successfully predicted yesterday, 1INCH touched yellow support line and bounced back up. (Spikes below always dont count, important is body of candle). Now i can see 2 scenarios: 1st that price will rise without further correction down. 2nd that i trust more is that 1INCH will go one more time down test support and then bounce back up. I drew purple line which could behave as resistance line and price may stuck here, one never knows what will happen. Below you can see my other successful analysis, which could bring you decent profits
In case of retest yellow support i will open long again.
Setup:
TP1 1,9
TP2 2,0
TP3 2,2
TP4 TRAILING TP
SL BELOW SUPPORT
This is just personal idea, not investment advice
I will appreciate like & follow
TRADE WITH BRAIN, NOT GREED
One short update for 1INCH. As i successfully predicted yesterday, 1INCH touched yellow support line and bounced back up. (Spikes below always dont count, important is body of candle). Now i can see 2 scenarios: 1st that price will rise without further correction down. 2nd that i trust more is that 1INCH will go one more time down test support and then bounce back up. I drew purple line which could behave as resistance line and price may stuck here, one never knows what will happen. Below you can see my other successful analysis, which could bring you decent profits
In case of retest yellow support i will open long again.
Setup:
TP1 1,9
TP2 2,0
TP3 2,2
TP4 TRAILING TP
SL BELOW SUPPORT
This is just personal idea, not investment advice
I will appreciate like & follow
TRADE WITH BRAIN, NOT GREED
