HARMONEY (ONE) ANALYSIS: BREAKDOWN OF THE WEDGE!
HARMONY (ONE) ANALYSIS:
HARMONY has been falling inside of a strong falling wedge but recently confirmed a third touch to the bottom trend line. The bounce off this line does not seem to be fake out as it is backed by a strong volume of buyers which stepped in. RSI became neutral and ATR is trending at low rates. I expect a favorable breakout of the wedge on the next attempt here coming up. The target profit 1 is 62 sats, followed by T2 at 69, and T3 at 78 sats. The large order blocks of resistance come right near T3 and above as harmony enters 80+ sats. Looks to exit trade fully by T3, take profit along the way!
Possible Entries: 54-57 sats
HARMONY has been falling inside of a strong falling wedge but recently confirmed a third touch to the bottom trend line. The bounce off this line does not seem to be fake out as it is backed by a strong volume of buyers which stepped in. RSI became neutral and ATR is trending at low rates. I expect a favorable breakout of the wedge on the next attempt here coming up. The target profit 1 is 62 sats, followed by T2 at 69, and T3 at 78 sats. The large order blocks of resistance come right near T3 and above as harmony enters 80+ sats. Looks to exit trade fully by T3, take profit along the way!
Possible Entries: 54-57 sats
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