A possible fractal that might happen and lead us to 0.618 fib level
As you can see from the chart, the pair is forming a huge falling wedge with a +20% target. We're near 2 major supports , You can buy from the first support and sell later (I'll put the targets once it breaks out) OR You can buy the breakout (like what I'm going to do) and the latest scenario would be breaking the next support and going for the next one (If...
Buy after breakout or wait for retrace for confirmation. Target price 1 = 0.02626 Target price 2 = 0.03050
Identify opportunities via trend lines / fib / support / resistance, and WAIT FOR THE BREAKOUT. For me, a breakout with a retest is an excellent play. Also, look for bullish divergence. Targeting a 1:1 extension, at least.
Harmony ONEUSDT (June 10_3:55 AM My Time)
$One / USDT Buy signal triggerd.
Resistance ~ 0.0298 - 0.0306 Support: Trend Line, EMA 20&50 lines (good standard for trader) $ONE is the new asset on the market, so I think investors seem to behave far more tentatively, and they wait the buy signal. In my view, it can happen if the price will hit 0.03 range and go higher. As well, mainnet soon ~ 23 days. PS. the attacks and provocations...
ONEUSDT is breaking the trendline, so we expect it may create new high.
This shows how you can trade using parallel resistances. Quite simple strategy, sometimes giving fake breakouts, but eventually you can combine it with other signals in your trading system. Good luck Previous ONEUSDT idea rebounded from buy zone:
Potential Cup & Handle Target +40% Profits. Will be ONE the next MATIC ? The probabilities are high. Team B
Not the most enticing prospect now. What's with these IEOs? They last a week at best.
ONEUSD still young and we are on 15m chart, shit. No trading history giving us lots of ways, and we still don't know behavior of this coin. So take you risks properly and know how much you can lose.