ONE / USDT
Harmony is in a descending channel that has lost its bottom channel and returned to it.
If it can not break its 5 cent resistance upwards, it can fall up to 2 cents.
If it can break its 5 cent resistance, it could rise in price by up to 8 cents
#ONE #HARMONY #BTC #USDT #LUNA #UST #ETH
Out of extreme confidence that the worse has passed over the last 8 weeks (This long of a period is making me feel like Tom Hanks on Cast Away). I think both NEAR and ONE have a trully bullish 2022 ahead of themselves. The possibility to buy these tokens this cheap is nothing short of criminal. Both count with VC's that despite Macro rout are funding the...
Stock market crash
Crypto market crash
$ONE has done 100x since COVID low.
So, it's not gonna return to COVID low but the dump is gonna hurt.
If fail to hold $0.066, we will see $0.04 sooner than we think.
$ONE just put in a cup and handle on the hourly chart.
Price moving up out of the handle.
MACD turning up, along with +DI crossing bullish with a low ADX potential for big upside.
Standard Fork to project a path forward.
Looking to take profit just before the 1.0 Fib Extension - $0.061 - $0.063 range.
ONE has been losing a lot of value over the last couple of weeks. The climax was over the last 6 days where ONE lost almost 60% of its value. Luckily enough, we're seeing a strong rebound today which can lead to some sort of relief rally.
However, I think we have more downside coming our way in the coming months. In my view, the lows will be set around $0.017,...
Cup and Handle (for less volatile assets):
30% bull run before reaching the first high.
10-30% drop to the bottom of the cup.
10-15% drop to the bottom of the handle.
Length of the cup should cover more than 50-100 bars.
Bottom of the cup should not be a V shape. (deal breaker!)
More than 50% deep cup is a sign of weakness for the pattern.
ONE Look's like make a IHNS pattern, we see strong rejection after hit RIGHT SHOULDERS zone
Indicator like RSI and stochastic showing oversold , we can setup entry
Buy zone : 0.046 - 0.044 - 0.0425
Target : 0.04808 - 0.05054 - 0.05318 - 0.05941 - 0.06920
Stop : 0.0415
Ignoring the key red flags such as: Bearish Div on weekly, Broke key trendline and retest, Volume decrease while making new high,... has caused us ONE HOLDERs hurt the most.
Lesson learnt hard way.
The next game plan for ONE is to break out this trendline and retest. Making lower low in price and higher high in RSI would create bullish div. Observing the volume as...
$ONE with the possible descending triangle fakeout which has now turned into a support break and hold under. Still a lot of time on the 3D, but the LL is not pretty.
Levels are as shown, invalidated above .053 again.