Harmony #ONE $ONE Update (Jul-6)ONE's buying power is still really unreliable and it will need to continue to accumulate to be able to increase strongly again.
The support areas that we can consider buying ONE are $0.16 and $0.12.
But if the buying power really comes back, the close of the 1D candle above the $0.02 area is a sign that allows us to buy ONE and expect a rally of it.
Harmony
ONE - In search of the bottom👀Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 4 days long
⭐️ Price at historical lows
⭐️ Pullbacks are getting smaller
⭐️ In the end of formation
⭐️ Price is squeezing to local level
⭐️ 5th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Scenario's set-up for ONE- Sustained price acceptance below current support of 0,0237 will likely result in lower prices (scenario 1).
- Given the fact price is currently still above the support it means it needs to break on a microstructure 0,0263 and we will see probably higher prices, mid range and potentially higher (scenario 2).
- From there it can keep on rising (scenario 2.1) or get rejected (scenario 2.2) and falls below current support.
➰ONE- Flat correction almost doneThe idea here is that the whole price action since March 2021 is a running flat correction and is about to fill it's last (5) leg of wave (C)
Fib extensions are pointing at about ~0.81 as potential bottom .
Even if the idea is wrong, the price is about enter previous zone of accumulation, so it's likely that soon we'll see a bounce anyway👍
HARMONY ONE WANTS TO MOVE UP BUT BITCOIN IS HOLDING ALTS#ONE & almost everything is struglling due to BTC.
ONE same scenario as #BAND, if it closes RSI above 50 we can expect upside.
Many alts seems like they have bottomed but it is BTC and Overall Market not letting them pump plus low volume due to weekends.
Facebook 5-0 harmonic pattern Facebook maybe make 5-0 bullish harmonic pattern
we will see next week
FLong
Is this Harmony ONE bullish falling wedge pattern playing out?I'm not a TA expert, but I do love to dabble for fun.
The falling wedge is one of my favorite swing trade setups. Based on what we're seeing here, we have a bullish bias to breakout to the upside in the coming weeks (after further downside move most likely). Depending on where you draw your fibonnaci, this breakout has us breaking past ATHs and topping at around $0.58.
This push will have to coincide with a catalyst of some sort from Harmony. I'm assuming it will be the liquidity mining rewards. This should create a decent bit of volume which could escalate momentum to the upside. We sure wouldn't mind that because it shows real strength as a long term hold when combined with previous price action and fundamentals.
What do you think?
ONE is Long afBINANCE:ONEUSDT
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Testing a crucial resistance, once broken, there is no coming back anytime soon,
Price Broke both EMAs (21 and 55), and EMA 21 closing in on EMA55 (which shows bullish momentum)
MACD shows Convergence with Bullish Momentum
RSI 65 (not oversold, which provide availability for a potential uptrend)
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Trade Carefully! Cheers!






















