1INCH/USDT Potential Reversal From Channel

25 בינו׳ 2021

In my previous 1INCH post I argued that the channel was going to hold and send the price downwards. After bouncing from the bottom trend line, 1INCH saw an increase in value of more than 80% in a couple of days.

Now, the price has reached the upper trend line. I've marked two areas of potential support on the chart. S1 being the most conservative. Consider S2 a shot in the dark. It has a great profit opportunity, but it's risky. Do your own due diligence.

Happy trading!