1INCHUSDT brekout!

1INCH / TetherUS BINANCE:1INCHUSDT

plancton0618

The price had a breakout from the descending channel after a bounce on the daily support on 1.32$. Nice volume so far.
On the 4h timeframe, the price is creating a W pattern where the neckline is on 0.618 Fibonacci level on 1.4$.

Big News ahead on this Coin

How to approach?
We are monitoring the key levels, we could see a retracement until the previous resistance now new support. IF the price is going to satisfy ALL our rules, we could open a new long position with a very nice risk reward

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the same structure

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