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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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.
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 ⚔️
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.