ONE is trading in a parallel channel. Notice the trendline that will provide resistance.
Indicators are oversold. Great place for entry down here. after $0.12 ONE should have a strong advance.
ONE will continue to face resistance at the 2 trend lines (WHITE and YELLOW) and the MA 50.
The strong impulse will occur once all 3 are cleared. Keep your eye on those levels.
Once broken, ONE should move quickly to the targeted circle between $0.21-$0.25 (MA200 - 50% retracement)
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...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart; you'll see that the white squiggly line played out. We've been correcting since then and we're starting a new impulse wave soon. Wave (1) top is in and wave (2) bottom is either in or near.
Good afternoon Harmony One traders/holders,
My name is Cut Chien Bo and this is my first public idea.
To identify the market trend. We analyze Bitcoin and Ethereum then compare them with the US financial market. They tend to move along together these day. Based from btc chart for the last 14 days. We having a straight 2 weeks bullish, killed some short squeeze....
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ONE is overall bullish trading inside the brown rising broadening wedge pattern.
ONE is now approaching the lower brown trendline and green support so we will be looking for buy setups.
on DAILY: The sellers seem to be exhausted, as the last swing couldn’t push lower,...
Having Received countless of Approach on How I look at the Market to gain the Right Directional Bias, here I laid it out bear for your digestion.
I will like to say thank you for reading all my previous post and do not hesitate to comment or ask question.
TOP DOWN ANALYSIS APPROACH
This makes it easier to know which Direction you want to plan your trade in...
Harmony has found strong bids under 0.18 figure which is also a strong horizontal support.
Now the coin looks ready to recover some of the losses and the next target can be 0.22 zone resistance.
Also a buy trade for this coin can have a favorable R:R
Harmony (ONE) Update 3/2/22: Since reaching its ATH price in October 2021 @ $0.39, Harmony has been consolidating in a range between the 38.20% & 78.60% fibs ($0.17 and $0.31). Harmony's current structure is forming a similar pattern to Bitcoin (BTC) and great relative strength in performance compared to other blockchain project during this downtrend. From the...