$1INCH broken out of cup and handle pattern

2021年4月8日

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.

2021年4月9日

交易开始

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.

2021年4月10日

交易开始

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