$1INCH broken out of cup and handle pattern

2021년 4월 8일

On this hourly chart you can see the price action on $1INCH against BTC broke out yesterday and retested the top extension of the cup. currently trying to make it's way to the 1.382FIB but almost overbought on the RSI. Measured move has targeting 7,3 price level which could take a few weeks if we don't get another dip in BTC (Last dip in grey because it didn't affect the pattern mostly).
For me a good EP would be a bounce off the 6.1 price level.

2021년 4월 9일

액티브 트레이드

Bounced off top of the cup and handle pattern (not accurately drawn) and currently making it's way up. RSI overbought, wait for a pullback before it reassumes climb.

2021년 4월 10일

액티브 트레이드

Price action boucning off the 0.618 level before resetting indicators and pushing back up.