InkyGrip

1INCHUSDT wants to retest the Monthly support?

Satış
InkyGrip Güncellendi   
BINANCE:1INCHUSDT   1INCH / TetherUS
The price got rejections from the daily resistance on 1.5$ and now is testing the 4h support on 1.41 support after the first bounce.
As you can see on the upper chart the price has nice support on 1.41$

How to approach?
The market is creating a descending channel on the 4h timeframe. IF the price is going to lose the support, we could see a new bearish impulse until the demand zone on the monthly support. According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
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Feragatname

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