1inch Crypto Price Prediction 2023
Welcome back guys to my website and today we will check 1INCH technical analysis local and the global targets for the next Bull Run. Let’s jump in. First of all you have to know SP 500 usually close the weekly candle it’s in a Friday and Bitcoin will follow the steps. So basically by end of Sunday Bitcoin can pump to 21 and 500 or even 22k and then we will wait at the monthly open stock market and we’ll see how Bitcoin to follow the SP 500 and another markets for Bitcoin. My local targets are still in play it’s 27 to 29k by end of November maybe beginning of December and in December January we probably can drop once again to 20K for Bitcoin.
In total disbelief Zone where everybody opens short position and tell you in the Twitter 15K confirmat 16k conference 12K can confirmat and at the beginning of Spring we probably start climbing over the 30k for Bitcoin if nothing Terrible by macro will not happen in the world. So let’s jump into one inch. This peeps still in play it’s a daily timeframe fee look on the lines top reject and look why I always watch on the lines because here is a real value Rejects at here and here’s a huge weak candle. So it’s just a retail investors pump it and the big players just cash out of here. So we drop it immediately top reject and downtrend line till now 27 Zone, Usually 27 Zone it’s Investments area. So now we trade under 0.18 level by feed. We got a two sellers area so this is will be the first resistance area between 90 till one dollar this seller Zone and the next seller zone is between 1.51 and 1.36.
Also we got a signal to buy on The Daily time frame on 1INCH. Here signs that drop in May and in June we got a signals to buy, so big players accumulate this coin and once again we got a signal to buy in August in this Zone. Then we drop it down once again and test downtrend line and accumulation zone of big players. This triangle showing us the big players accumulate and we start pumping. So we don’t see the signal to sell now like this. One we don’t see the signal to sell on The Daily time frame that’s why we trade under 0.18 level by feet and usually we can make a move like this one and rejected this line and go into the main downtrend line that’s why if Bitcoin not dropped to 16 or 15K I think globally 1INCH Target is 100 Pump by dates. I Can’t Tell You by this because the mostly depends of the politic in the world and sp 500. So a local luckily we can expect the move according to cryptoflite take profit indicator.
It’s a really good indicators with a almost perfect win rate because lowest line it’s a real fundamental value of coin and look when we touch it we bounce it trade it under this line. It second one ,it’s the first one ,it’s a line of Buy Signal it’s a fundamental price So both of this lines is good for trades on a daily time frame. If you are like a swing Trader and usually we have to bounce two take profit line this one and the exit line and like you can see accorded to this seller’s Zone probably take profit will be around 88 cents. So from this current price it’s 40 pump and exit point it’s around 99 around psychological price one dollar. That’s why we can make it more like this one reject try and break it out once again and reject one more time and drop it down to test 65 cents once again and these lines Dynamic lines so they will curve up.
So the fundamental price will be in January around 50 something like this one but it doesn’t mean we have to always touch the fundamental price. So at 1.50 it’s going to be the good trade to open short 1.36 to 1.50 in this Zone you can easily open short position. So something like this one and then drop it down once again. So now all eyes at the opening stock market in a Monday increasing the rates at the beginning of November and election in United States so all this events of this metrics will show us the main direction for the crypto for the risk assets and my targets for 1INCH I already showed you in this article.
Disclaimer: Always do your own research before invest anywhere, because we are not an financial advisor. We are not responsible for any type of losses.
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