Based on the provided chart for ONE/USDT on a 1-day timeframe from Binance, here's a detailed trading plan:
### Entry Point
- **Entry Zone**: Between 0.01877 and 0.02101 USDT
- This range represents a significant support zone where the price is likely to find buying interest. Entering within this zone maximizes the potential for an upward move while minimizing downside risk.
### Target (Take Profit) Levels
- **First Target (TP1)**: 0.02550 USDT
- This level is identified as the nearest resistance where the price might face selling pressure.
- **Second Target (TP2)**: 0.02816 USDT
- This level aligns with previous resistance and provides a reasonable medium-term target.
- **Third Target (TP3)**: 0.03108 USDT
- This level represents a higher resistance zone and aligns with historical price action.
- **Fourth Target (TP4)**: 0.03719 USDT
- This level is a long-term target and a significant resistance level, indicating substantial upside potential.
### Stop Loss
- **Stop Loss**: 0.01612 USDT
- This stop loss level is set below the support zone to protect against a deeper downside move. It helps in managing risk by limiting potential losses.
### Key Levels and Observations
- **Resistance Levels**:
- 0.02550 USDT (TP1)
- 0.02816 USDT (TP2)
- 0.03108 USDT (TP3)
- 0.03719 USDT (TP4)
- **Support Levels**:
- 0.02101 USDT (upper entry zone)
- 0.01877 USDT (lower entry zone)
### Technical Indicators
- **Volume Profile**: Shows high trading activity around the entry zone, suggesting strong interest and potential support.
- **Harmonic Pattern**: Indicates the potential price move based on the harmonic pattern, suggesting possible retracement levels and target zones.
- **RSI**: Currently around 48.76, which is neutral, indicating no extreme conditions (overbought or oversold).
- **MACD**: Shows a potential bullish crossover, suggesting increasing bullish momentum.
### Trade Plan Summary
1. **Enter** the trade within the 0.01877 to 0.02101 USDT range.
2. **Set Stop Loss** at 0.01612 USDT to manage risk.
3. **Target Levels**:
- **First Target (TP1)** at 0.02550 USDT.
- **Second Target (TP2)** at 0.02816 USDT.
- **Third Target (TP3)** at 0.03108 USDT.
- **Fourth Target (TP4)** at 0.03719 USDT.
Always remember to manage your risk appropriately and adjust your trade parameters based on market conditions. Use proper position sizing and consider overall market trends when making trading decisions.
### Entry Point
- **Entry Zone**: Between 0.01877 and 0.02101 USDT
- This range represents a significant support zone where the price is likely to find buying interest. Entering within this zone maximizes the potential for an upward move while minimizing downside risk.
### Target (Take Profit) Levels
- **First Target (TP1)**: 0.02550 USDT
- This level is identified as the nearest resistance where the price might face selling pressure.
- **Second Target (TP2)**: 0.02816 USDT
- This level aligns with previous resistance and provides a reasonable medium-term target.
- **Third Target (TP3)**: 0.03108 USDT
- This level represents a higher resistance zone and aligns with historical price action.
- **Fourth Target (TP4)**: 0.03719 USDT
- This level is a long-term target and a significant resistance level, indicating substantial upside potential.
### Stop Loss
- **Stop Loss**: 0.01612 USDT
- This stop loss level is set below the support zone to protect against a deeper downside move. It helps in managing risk by limiting potential losses.
### Key Levels and Observations
- **Resistance Levels**:
- 0.02550 USDT (TP1)
- 0.02816 USDT (TP2)
- 0.03108 USDT (TP3)
- 0.03719 USDT (TP4)
- **Support Levels**:
- 0.02101 USDT (upper entry zone)
- 0.01877 USDT (lower entry zone)
### Technical Indicators
- **Volume Profile**: Shows high trading activity around the entry zone, suggesting strong interest and potential support.
- **Harmonic Pattern**: Indicates the potential price move based on the harmonic pattern, suggesting possible retracement levels and target zones.
- **RSI**: Currently around 48.76, which is neutral, indicating no extreme conditions (overbought or oversold).
- **MACD**: Shows a potential bullish crossover, suggesting increasing bullish momentum.
### Trade Plan Summary
1. **Enter** the trade within the 0.01877 to 0.02101 USDT range.
2. **Set Stop Loss** at 0.01612 USDT to manage risk.
3. **Target Levels**:
- **First Target (TP1)** at 0.02550 USDT.
- **Second Target (TP2)** at 0.02816 USDT.
- **Third Target (TP3)** at 0.03108 USDT.
- **Fourth Target (TP4)** at 0.03719 USDT.
Always remember to manage your risk appropriately and adjust your trade parameters based on market conditions. Use proper position sizing and consider overall market trends when making trading decisions.