Hi, today I want to introduce and analyze Harmoney Project. First, I try to check the 🔆Fundamental situations🔆 and then 🔆Technical analysis🔆.
🔆Fundamental Situations 🧐:
What Is Harmony (ONE)❗️❓
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.
I check some 🔴items🔴 that are important for checking Projects in the Cryptocurrency market (In summary) (✅ = Positive score):
🔴Scores: Profile Status at isthiscoinascam 87.5% & Member Signals: 5/5 // Coinmarketcal items: Trending 43 (From 100/ last 24 hours) ✅+ Hot 51 (From 100) ✅+ Significant 45(From 100) ✅
🔴Upcoming Events📆: First Event:20 Dec 2021 Trustless Ethereum Bridge // Second Event:31 Dec 2021 (or earlier) Interoperability X-Chain
🔴ONE token is used for: Transactions fees + Staking for validators + Delegating to validators + Governance = Result ✅
🔴Project Team: ✅ Great (Stephen Tse is the founder and CEO of Harmony. He has a Ph.D. from the University of Pennsylvania, specializing in cryptographic protocols and type theory. While finishing his degree, Dr. Tse became a research intern at Microsoft. In 2006 he started working as a senior engineer at Google, spending four years in the company. In 2011 he founded Spotsetter, a successful search engine which Apple later acquired. In 2014, Dr. Tse became the principal engineer for Apple. He founded Harmony in 2017. The Harmony founding team comprises twelve people, with seven of them being former employees at Google, Apple, Microsoft, and Amazon.)
🔴Github Status:✅
🔴Holders Status: Harmony(ONE) does not have Whales ✅
🔴Harmony Popularity on Google Search: About 85✅ (Numbers represent search interest relative to the highest point on the chart for the given region and time. A value of 100 is the peak popularity of the term.
A value of 50 means that the term is half as popular. Likewise a score of 0 means the term was less than 1% as popular as the peak) // Most viewers are from a North American continent + Australia continent.
🔴Inflation control: ✅
🔴Social media status: ✅ Active
🔴Innovation: ✅
🔴The main competitors: Ethereum 2, Polkadot, Cardano, Elrond
🔴Run the Road map: ✅
🔴Tokenomics Status: Seed Sale:22.4% //Protocol Development:26.4%//Public Sale:12.5%//Team:16.9%//Ecosystem Development:21.8% = Result ✅
🔴Investors: Medium, even we can say weak 😕
🔆Technical analysis:
Harmony Analyze ( ONEUSDT ) Timeframe 2D⏰
Location🌊: Harmony was able to finish its Main wave 5 at 0.38$ (ATH) and when it broke ascending channel, we can say that it has begun the Main wave A. I tried to show you the end of the Main wave A in my chart. Probably the Main wave A will end At my TRZ⏰ + Heavy Support Zones.
The first important support in front of Harmoney is SMA 100 at timeframe 2D (Equal SMA200 at Timeframe Daily⏰).
🔴Heavy Support Zones: 0.105$ until 0.74$ // 0.052$ until 0.047$
🔴Heavy Resistance Zones: 0.22$ until 0.2$ // SMA 50 at timeframe 2D (Equal SMA100 at Timeframe Daily⏰)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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