wuliwong

A little late for entry but 1Inch looking very bullish

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BINANCE:1INCHUSDT   1INCH / TetherUS
The big analysis is the momentum shift you see after a low, lower low, and then a higher low. 1Inch was also showing a descending parallel channel which has broken out of. The price has run up a bit since the last higher low but the upside potential when looking at the all time highs might still make it worth the risk. I would put my stop loss at the most recent higher low. 1Inch has been totally destroyed since it's ATH and is at rock bottom levels. There are many alt coins show similar structures and history, so this might not be your best move right now. I just can't ignore the massive upside. Golden zone retracements would land you in multiple 100% returns.

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