AzizKhanZamani

1INCHUSDT PA Range| Fibonacci Targets| Trend

לונג
BINANCE:1INCHUSDT   1INCH / TetherUS
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,

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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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