1INCH – Potential 42% gains

BUY: 4.460 – 4.775

TARGETS:
1) 6.38
2) Trail stop and let it run

STOP: When a 4h candle closes below 3.88

Rationale:
-Price has been trading below a key resistance zone and just broken above
-after breaking resistance it tapped the trendline support and fell back to the earlier resistance zone.
-Price re-tested this area and bounced off, confirming it is now acting as support
-Price is holding well above EMAs which is bullish
-Price should now test the trendline resistance again, and once it break it, price will move to the previous high.

Your risk, your reward. This is not financial advice.
Happy trading.

Trade chiuso: stop raggiunto