altchicasignals

HARMONEY (ONE) ANALYSIS: BREAKDOWN OF THE WEDGE!

Long
BINANCE:ONEBTC   Harmony / Bitcoin
HARMONY (ONE) ANALYSIS:

HARMONY has been falling inside of a strong falling wedge but recently confirmed a third touch to the bottom trend line. The bounce off this line does not seem to be fake out as it is backed by a strong volume of buyers which stepped in. RSI became neutral and ATR is trending at low rates. I expect a favorable breakout of the wedge on the next attempt here coming up. The target profit 1 is 62 sats, followed by T2 at 69, and T3 at 78 sats. The large order blocks of resistance come right near T3 and above as harmony enters 80+ sats. Looks to exit trade fully by T3, take profit along the way!

Possible Entries: 54-57 sats

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.