1INCH: VOLTALITE

2023年11月5日

As evident on the chart, there is a pattern of an expanding triangle. It is worth noting that, in the case of 1INCH/BTC, the level at 0.00001 holds significant importance. The price action around this level suggests that the uptrend is being maintained, and we anticipate an increase in volatility.

Analysis:

The expanding triangle formation indicates a period of increased price volatility as the range between the high and low narrows, ultimately leading to a breakout. In this case, the level at 0.00001 has acted as a key support level, with multiple touches and rebounds, reinforcing its significance.

The ongoing uptrend in 1INCH/BTC shows resilience, with the price consistently testing and holding above this level. While it's important to exercise caution in all trading scenarios, the bullish momentum and the tightening price range suggest that the market is preparing for a significant move.

Traders and investors should monitor this level closely, as a decisive breakout above or below 0.00001 may indicate the direction of the next major price movement. Additionally, increased volatility can offer potential trading opportunities, but risk management remains paramount.

Keep a watchful eye on this market for potential trading opportunities and be prepared to act upon a confirmed breakout from the expanding triangle pattern.

Please note that trading involves risks, and it's essential to conduct thorough research and use appropriate risk management strategies when making trading decisions.

2023年11月9日

註釋

Don't expect a rise for a while

2023年11月18日

交易進行

Buying Zone
Target Price: 0.44
Stop-Loss: 0.32

2023年12月25日

交易結束：目標達成

TAKE PROFIT ZONE

2023年12月26日

註釋

RESISTANCE LEVELS:
0.46
0.49
0.57
SUPPORT LEVELS:
0.44
0.42
0.40