Long

ONE/USDT : Buy setup | RR 9.5 | Breakout from descending channel

Updated

Hello everyone 😃

ONE had a breakout from it's descending channel and now MA200 is trying to reject the price.
There is a possible retest on Channel's higher or support zone;
It could be good to take a bag of it at retest point..

📌 BTC is moving below resistance line and bearish trendline now !
So, Be very careful with altcoin trading in the next couple of days. Altcoins are highly affected by Bitcoin, even 3% downward move causes 10% dump on some alts.
Moreover, just pumped without any correction from 47k to 55k (+17% pump), so If you have any position in profit, make sure you moved stop loss at break even.
Unless BTC.D breaks the 50% support level in Daily TF !

🔴 MACD is being bearish;10% correction in short-term is expected !

Hope you enjoyed our analysis about ONE's buy setup🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼‍♂️

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades

Note

Most important charts for next month; Possibility for alt season

New BTC's analyzes is out !
Next month will be great for Alts..
Don't miss it !

Helical_Trades

🔴 Don't forget to join our channels for FREE Premium stuffs !

TELEGRAM :
t.me/Helical_Trades

Instagram ( Persian - فارسی ) :
instagram.com/helical_trades/

Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.