🆓Harmony (ONE) July-26 #ONE $ONEONE is strongly rising from the $0.07 zone and is heading towards the $0.09, $0.11 and $0.17 zones. However, if ONE loses the $0.07 zone, it will fall sharply to the $0.05 zone
📈BUY
🔴Buy : 0.068-0.072$. SL if B
🔴Buy : 0.088-0.092$ if A. SL if B
📉SELL
🔴Sell : 0.088-0.092$. SL if A
🔴Sell : 0.107-0.113$. SL if A
🔴Sell : 0.166-0.174$. SL if A
♻️BACK-UP
🔵Sell : 0.068-0.072$ if B. SL if A
🔵Buy : 0.0485-0.0515$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Harmony
Harmony One setting up for 5-10x Keep an eye on harmony one, outperforming btc and ready for an explosion. They have a great name and good artwork so I’m sure it will be popular just for that. If you look into the project and see who’s involved u start to get a picture of professionalism and strength. This reminds me of matic except with less ghost coins and scams, they are attracting motivated and honest Devs
ONE:USDT Bullish, LONG, 5th wave, +10xThis is ONE beautiful chart ;) if this plays out honestly this is one to frame and put on the wall. I can't help but marvel at how technically perfect it is. If this plays out- it'll display the real power of Elliott wave. This 4th- 5th wave trade is the bread and butter of Elliott- it doesn't get better than this.
Key points
2nd wave retraced to the high probability zone 0.5 Fib
3rd wave pivoted at the high probability zone between the 1.618- 1.75 Fib
4th wave has currently retraced to the high probability zone 0.38 Fib
5th wave high probability target is at 1:1 of the first wave projected from the end of the 4th wave; this gives a target of almost 10x!
4th to 5th wave trade:
Entry: Below 0.056
Stop: 0.04667
Target: 0.54
Risk: Reward of about 1:60; for me this is a must take trade.
If the above trade is stopped out but fairly quickly rebounds and reclaims the previous range, wait for price to reclaim this area and look for the first retracement for a second opportunity to get long. For this second trade stops can be place below the new low.
Never Trust. Verify.
D.Y.O.R . Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
GOLD UPSIDEWith 10year treasury yields under pressure, high inflation, with expectation of a higher inflation print this coming Thursday, together with a weak dollar, this inverse head&shoulders pattern (hourly graph) has a very high potential of taking gold even higher.
Together with the ZAR that has reached a short-term bottom, I am bullish on gold miners having another bull run.
ONEUSD 1D (harmony will get upward direction)In the previous idea we said under 0.12 will touch 0.082 and then will grow up till getting targets.
——
Tendency: upward
* Entry 0.082
*Take profit:
1- (0.12)
2- (0.15)
3- (0.19)
Important turning point in whole crypto and HARMONYIt might be early to say, because we can't exclude both a bullish or bearish outcome, but as we try to make accurate forecasts, 2 bullish scenarios are definitely not excluded:
Bullish:
1. Green Elliott impulse wave to 0.2 USD short term
2. Turquois Elliott impulse wave to identical or higher target midterm.
Bearish:
3. Break of the white ascending trendline and 200 EMA following..
Situation atm:
Big corrections or run ups influenced by bitcoin have drastic impact, but can technically be eliminated to have a clearer view of where the chart might be going.
If we wouldn't have had the break out to 0.18 and the correction to 0.06, we would still have a longer consolidation in the form of a symmetrical triangle with the turquois path as an outcome.
The white ascending trendline is in my opinion primordial and functions as support for another leg up.
The fact that we have volatility in a broad trading range is good for the future, cfr. Matic around the 0.3-0.5 level and 0.7-0.8 level, remember.
We have also on a smaller scale broken out from a descending wedge and are hanging between the 21 and 100 EMA. Break out of these levels will indicate highly probable further direction.
On a macro scale we could have ended an ABC correction with an abrupt C wave, or we will be having an elongated C wave which will indicate a beartrend. These corrections are probably a subdivision of a larger correctional wave 4. And as we are making heavy consolidation in a larger trading range, I believe a 5th wave will definitely be insane.
On the log scale, which is nice to see parabolic movements play out like a walk in the park, I prefer to watch the regular scale to avoid over bullish scenarios, which doesn't exclude the probability.
A last overview of the correction since the 0.22 usd level is the yellow descending broadening wedge we are in, but hasn't really made form... I don't believe this is happening, as another visit to the lower trendline of the wedge would reach sub 0 levels, which is of-course excluded and proves the latter.
So after this analysis I would say I am rather bullish than bearish, if you'd have a few months max. patience.
Best case scenario a week or 2, worst case, a bullish turnaround after 2nd quarter or beginning July, which makes sense as well. This would mean that bitcoin might have a longer recovery as well, and indicate a second bull-run phase half this year until end of the year.
I am still prosperous for the future of blockchain, certainly for undervalued top coins as Harmony. They haven't been working on marketing or the 'network effect', but I believe hidden gems are called that way to astonish the market in a positive way on the longer term.
ONEUSD 1D (Upward to break 0.12)Harmony made a strong support line, above the strong line will break 0.12 and then will get the targets.
Buy
Entry: between 0.072 and 0.12
TP.: 0.15 and 0.19 and 0.22
SL.: stable under support line
🆓Harmony (ONE) May-23 #ONE $ONEONE is dumping and its target may be 0.06$ zone, actually it can dump to 0.03$ zone but we must pay attention to 0.06$ zone because it is very strong and a quick recovery of up to 0.12$ can occur from that zone
📈BUY
-Buy: 0.058-0.062$ if A. SL if B
📉SELL
-Sell: 0.117-0.123$. SL if A
♻️BACK-UP
-Sell: 0.058-0.062$ if B. SL if A
-Buy: 0.028-0.032$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Harmony Shows Strength ONE/USDT looks Bulish. Trendline was tested,and it looks like a trend continuation trade.
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ONEUSD 1D (Strong buy above triangle)(strong buy above triangle)
* Entry 0.1240
*Take profit:
1- (0.15)
2- (0.19)
3- (0.22)