Around two months ago I made an analysis on ONE. In said analysis I wrote that ONE had much more pain ahead and was likely to make a move towards the $0.017 area.
Congratulations if you took the trade.
In my previous analysis I argued that $0.017 could potentially function as a bear-market low. Didn't expect we'd fall this fast, so I'm expecting ONE to fall...
i see the red zone a perfect zone to start DCA (dollar cost averaging)
for investment only , not for trading
the zone has a high confluence with fib level , ichimoku strong support , and the highest volume is traded in this zone .
not a financial advice .
Obviously bitcoin is giving us the wobbles. But besides bitcoin, the ONE/USDT and ONE/BTC charts are giving us a lot of signals for a bounce. (a sort of dead cat bounce also given how oversold it is).
Youve got bullish divergence on the 12 hour here. The 1 day chart the RSI is just about flat, whilst the price declines, but nonetheless, price is at support...
Splendid support built by ONE, this, in my opinion, is one of the simplest trades at the moment, little risk and a lot of profit, I expect an upward momentum very soon.
target: $ 0.03
stop: close below 0.023
The price is creating a falling wedge and equal lows on the 4h timeframe.
Now the price is testing the lower dynamic support.
We have a clear demand zone on 0.034$ where the price could get new liquidity above the daily support on 0.030$
How to approach?
IF the price is going to grab new liquidity and create a reverse trade, According to Plancton's strategy ,...
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.
After having lost 95% of value since the top, ONE has grabbed for liquidity (in yellow area) and is moving up.
We hope that this week is the first green candle after 11 red ones in a row.
Moreover a medium bullish divergence is detected (on 6H TF) and is a good sign of a minor reversal.
Some patience required with this one.
Lots of coins that have put in bottom patterns and subsequently broken out from overhead resistance have rallied quite considerably. I would expect ONE to do the same.
Ive drawn some resistance lines that I can add alerts to here on tradingview.....
Manage have a go at creating your own resistance lines.
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...
HELLO GUYS THIS MY IDEA ABOUT Harmony One Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the buyers from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly...