Hello fellow traders, as you can see this is a simple Fibonacci Retracement using some custom levels.
I have labeled my target points clearly on the levels I expect the 1INCH token to hit in the coming 18 months.
This is not financial advice, please do your own research, these are just my trades and ideas, please feel free to ask me any questions you have or leave responses, feedback, or comments in the comments section below.
Fundamental Analysis:
With all the FUD going on around Wall Stree, The FED, and whatnot, it makes sense to me the world will slowly start to lean towards more decentralized exchanges, making this extremely cheap, 1INCH token, make a lot more sense for the future.
I personally really like the 'CHI' Gas Token that 1INCH has deployed and the platform has a fantastic UI /UX, is fast, and never seems to have any real issues anytime I've used it.
Notes:
- 1INCH token is discounted heavily from ATH - Platform has continued to improve - Benefits to owning 1INCH for using the platform