DGminer

1INCH Head & Shoulders pattern?

BINANCE:1INCHUSDT   1INCH / TetherUS
1INCH seems that is forming a bearish ''Head & Shoulders'' pattern
Keep in mind that the market is in euphoric state so it can break the pattern and go bullish as well

1INCH has very bad tokenomics and large wallets are pushing the price down
this token some day will be way above $10 but at the moment most likely there are better performing investments in the alt-coin forest.

Let me know what you think

Cheers.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.