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Technical analysis by kush23456 about Symbol 1INCH: Buy recommendation (1/15/2022)

https://sahmeto.com/message/2683364
kush23456
kush23456
Rank: 10918
1.6

*Insert pun* - 1INCHUSDT (Long-term analysis)

Buy
Price at Publish Time:
$2.37
Buy،Technical،kush23456

1INCH has been trading near its support since December 2021 and looks ready to move up further. Over the past 4 days, it has had a change of trend and began to push toward short-term resistances. For ease, I have marked the daily (long-term) and 4-hour (shorter-term) supports and resistances with % changes. I hope you find this useful whether you are a holder who likes the project and is looking to accumulate or a trader. With it currently testing its 20-day EMA and looking good on other indicators, I think 1INCH can break its 4-hour resistances soon. Coupled with a more bullish recovery in BTC (i.e. push above ~45.6k) it can reach its daily resistance quickly. What are your thoughts? Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!

Source Message: TradingView
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