1INCH - Bull flag continuation, buy the break
If you missed the jump off with 1INCH this is another entry point or a chance to build position.
1INCH is in the process of forming a beautiful bull flag formation. local demand are is between 3.8-4 which is neckline of Macro Head and shoulders confirmed breakout, so now acting as strong support. Watch for 1INCH to break the upper trend and continue its bullish move, depending on relationship with risk, can wait for a strong close above last swing high pivot. Confirmation will be seen on RSI trend break and MACD bullish move
Invalidation will be trading below 3.8 on the 4H
1INCH is in the process of forming a beautiful bull flag formation. local demand are is between 3.8-4 which is neckline of Macro Head and shoulders confirmed breakout, so now acting as strong support. Watch for 1INCH to break the upper trend and continue its bullish move, depending on relationship with risk, can wait for a strong close above last swing high pivot. Confirmation will be seen on RSI trend break and MACD bullish move
Invalidation will be trading below 3.8 on the 4H
Nota
Potential breakout underway. still some market ambivalence which may lead to sideways move. but sign of strength. MACD bullish on LTF, RSI momentum above 50
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.