candtrading

candtrading

The 1D chart had hit the fib level again. The pump towards this fib level was not backed by more strength hence the (probable) bearish divergent on both RSI and OBV are likely to happen. This might be the local top for $ONE for now. I am expecting a correction to around $0.266 at the very least but it can go lower too to around $0.225. Of course, it could be...

candtrading

Bear and bullish divergent has been a good indicator so far. Combined with the possible head and shoulder on $ONE 1h time frame could be a good chance for a quick short. BTC possible local bottom might hinder the plan but considering the PA of $ONE these last hours, the leg up is near over.