Hello everyone, if you like the idea, do not forget to support with a like and follow.
ONE/USDT looks bullish here. It already broke out and retested from the parallel channel and now ready to go up. So i'm buying some here and add more in dips.
Also, there is lot of events of Harmony in the upcoming months.
Entry range:- $0.245-$0.262
This is a very good sign for continuation and I'm currently expecting Harmony One to attack the high of this chart pattern where I put my label on. The green zone you can see below the breakout is a fresh demand zone where I would look to buy in case ONE tests it and then rallies higher. Unfortunately I missed an entry on the imbalance zone marked as a white zone...
A Rising Wedge in a Bullish pattern, very possible turn into BEARISH.
As we see ONE try to break the 0.21, but failed. And another sign is the volume is going down.
Be prepared to go down at next support level 0.18.
Unless there is a big volume trading push through the resistance 0.21, in this point I think there is very small possibility.
100 trades crypto series
Starting date: 9/August/2021
Starting capital: $500
Capital at present: $747
(all trading ideas in the series with commentary and outcome can be found on my profile)
Coin is in a bull trend, but in excess price.
Scenario 1 - trend resumption. Even if it is possible, because we are in a bull trend, the formation of spike...
Looking to enter short on SXP after we get a reversal on the 15 minute or 30 minute. If BTC pulls back. That will be our golden opportunity to short this. Also, One is breaking out and geared to go crazy. Look to enter long if the tip trendline holds.
Harmony ONE has touched the 6 hr Trend line and if it can surpass the 6 hour, then the Daily Trend Line, we could then and only then call this a start to a recovery. The same thing is happening to Bitcoin right now.
I expect a bounce off the 6 hr before any further moves up. I most certainly expect a bounce off the Daily Trend Line as well. We were at 50%...