FieryTrading

🔥 ONE On The Verge Of Bullish Break Out: High Potential

Long
BINANCE:ONEUSDT   Harmony / TetherUS
ONE has seen a couple of weeks of strong gains after successfully retesting the July fear bottom. However, with the RSI being overbought and the price on a strong resistance, I'm expecting a minor bearish move in the next day(s).

This is not a problem since we're going to wait for a confirmed break out anyway. Ideally we'd see a big green candle (5% or more) accompanied with large volume to give us more confidence in the break out.

Targets in blue.

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