1INCH has been trending sideways in this channel for a while now.
With the news yesterday that they released their 1INCH DeFi wallet and C.Z. (CEO of Binance) tweeting an hour ago (at the time of writing this) announcing that Binance is an investor in the 1inch Network then I believe that this might be the next coin to pump.
Do I believe in it? I don't really know much about it. But I believe with the recent news this can go up in by a good amount in the next upcoming days.
In regards to the Technical Analysis of it, the MACD is showing crossing upwards and showing bullish movement.
Suggested buy-in: $5.5 and under.
Suggested stop-loss: You could set a stop loss under the trending channel. But this is a RISKY HOLD. As of right now I won't be setting any stop loss but I would recommend that you decide this for yourself. I will update this step if I end up feeling cold feet about it.
With the news yesterday that they released their 1INCH DeFi wallet and C.Z. (CEO of Binance) tweeting an hour ago (at the time of writing this) announcing that Binance is an investor in the 1inch Network then I believe that this might be the next coin to pump.
Do I believe in it? I don't really know much about it. But I believe with the recent news this can go up in by a good amount in the next upcoming days.
In regards to the Technical Analysis of it, the MACD is showing crossing upwards and showing bullish movement.
Suggested buy-in: $5.5 and under.
Suggested stop-loss: You could set a stop loss under the trending channel. But this is a RISKY HOLD. As of right now I won't be setting any stop loss but I would recommend that you decide this for yourself. I will update this step if I end up feeling cold feet about it.