Evening Traders,
Today’s analysis – 1INCHUSDT- trading in a Price Action range where a break will be imminent,
Points to consider,
- Price Action Rotation
- Range Low Support
- Range High Resistance
- Extension Targets
- RSI Neutral
1INCHUSDT’s immediate price action is in the midst of rotation between key boundaries, a break above range higher will allow for a bullish bias.
The range low is current support, testing this region must hold, allowing for a long entry.
The current objectives are the Fibonacci extension target, these levels are short to mid-term targets.
Current RSI is neutral, reaming in their bullish control zone is indicative of strength.
Overall, in my opinion, 1INCHUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
Today’s analysis – 1INCHUSDT- trading in a Price Action range where a break will be imminent,
Points to consider,
- Price Action Rotation
- Range Low Support
- Range High Resistance
- Extension Targets
- RSI Neutral
1INCHUSDT’s immediate price action is in the midst of rotation between key boundaries, a break above range higher will allow for a bullish bias.
The range low is current support, testing this region must hold, allowing for a long entry.
The current objectives are the Fibonacci extension target, these levels are short to mid-term targets.
Current RSI is neutral, reaming in their bullish control zone is indicative of strength.
Overall, in my opinion, 1INCHUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
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Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.