Well I had drawn this ascending channel days ago and I totally forgot to post it. If BTC stops at 40K then 1INCH support zone at 2.44-2.40 will hold, if BTC goes to 37.5 1INCH will probably reach 2.18.
However VLPR on BTC shows a lot of transactions at 40K so I suppose that zone will hold and so 1INCH at first support I gave you.
However VLPR on BTC shows a lot of transactions at 40K so I suppose that zone will hold and so 1INCH at first support I gave you.
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BTC held and so 1INCH as I imagined.
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Strong bounce on that support zone, the volume was pretty high and there's currently a bullish DIV. This should go up, maybe it will retest the support's upper level though.