1INCHUSDT key level break indicates likely higher prices...

A beautiful, clean break of a key horizontal level followed by consolidation. I think if we see a dip back to 4.00 or lower for a re-test, would trigger some bids and maybe launch this, and also assuming BTC is not about to dump on us.

Watching this one closely.

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Kommentar:

Was about 3cents away to getting stopped out. These kinds of breakouts (i.e. price breaks level only to go back to the range to appear like it's going to be a false breakout but then immediately resumes in the direction of the breakout) happen often and I've learned to anticipate them using logical stops. Still not out of the woods but a daily close back about support would be good for this position.

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