Harmony / TetherUS
Long
Updated

#ONE/USDT – The Final Shakeout Before Reversal?

158
#ONE

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

A key support zone (in green) was found at 0.00211, and the price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports a potential upward move.

Entry Price: 0.00229
Target 1: 0.00229
Target 2: 0.00238
Target 3: 0.00247

Stop Loss: At the resistance zone (in green)

Remember this simple rule: Money management.

Any questions? Please leave a comment.

Thank you.
Trade active
#ONE
Target 1: 0.00229 Reached
Target 2: 0.00238 Reached
Trade closed: target reached
snapshot

#ONE
Target 1: 0.00229 Reached
Target 2: 0.00238 Reached
Target 3: 0.00247 Reached

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