1INCH - Double Bottom Soon?

1inch has been consolidating on the higher timeframe. We can see that recently price made a double top and is moving down slowly. We saw a tap of the 61.8 fibonacci and the target fib of -0.27 lines up with the double bottom which would be a great place to look for buys.

Until then, look for shorting opportunities such as bear flags to take us back down to the bottom.