1INCHUSDT.P : High-Probability Sell 🚀
Hi traders! 1INCHUSDTALERT 🚨
Trend line broken = But we have a Channel!
I believe the higher timeframe clearly shows that the price has been moving within a channel and hasn’t even broken the previous high, remaining in a bearish trend.
The channel is highly reliable for a sell setup, especially on the first and second touches, targeting the bottom of the channel. It’s likely to drop further to reach the lower boundary.
In the lower timeframe, every time the price has approached the trendline, it’s reversed and dropped. The same scenario could play out again, making this a solid opportunity for a sell, particularly on the hourly timeframe
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