1INCH/USD - Ranging before breakout? 1INCH bullish! 🚀
1INCH has painted a very clear consolidation in this channel which I expect to break-up at some point.
The indicators are turning bullish on 4h and if this moves to daily, then I see us gather enough momentum to push beyond this resistance.
Volume is also looking healthy here, so this move has legs, question is will we be rejected at resistance and we need to try again or will we push higher this time?
We will soon find out. Either way, bias is bullish and remains so as long as we don't break under support.
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The indicators are turning bullish on 4h and if this moves to daily, then I see us gather enough momentum to push beyond this resistance.
Volume is also looking healthy here, so this move has legs, question is will we be rejected at resistance and we need to try again or will we push higher this time?
We will soon find out. Either way, bias is bullish and remains so as long as we don't break under support.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
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