Is this Harmony ONE bullish falling wedge pattern playing out?I'm not a TA expert, but I do love to dabble for fun.
The falling wedge is one of my favorite swing trade setups. Based on what we're seeing here, we have a bullish bias to breakout to the upside in the coming weeks (after further downside move most likely). Depending on where you draw your fibonnaci, this breakout has us breaking past ATHs and topping at around $0.58.
This push will have to coincide with a catalyst of some sort from Harmony. I'm assuming it will be the liquidity mining rewards. This should create a decent bit of volume which could escalate momentum to the upside. We sure wouldn't mind that because it shows real strength as a long term hold when combined with previous price action and fundamentals.
What do you think?
ONE
Why I am NOT holding BITCOINThis above is the well known Bitcoin Dominance chart. It keeps making lower lows and lower highs.
I hold zero BTC in my portfolio.
In the scope of an investor, there are plenty other cryptos with much more potential. Bitcoin remains the safest cryptocurrency with its proof of work, but people are starting to understand that it has very limited use cases, very slow transaction speed, and cannot scale. In short, it is getting old and it is harder to get returns like 2x by holding BTC (that would mean a 100k BTC right now).
The FLIPPENING didn't happen, yet. But it is getting closer.
Current BTC marketcap is 882B while ETH is 420B.
We can't see much information on this chart, that is why I coded a simple indicator that put into perspective the progress of ETH getting over BTC in market cap. (You can get it on my profile scripts page)
The chart shows Bitcoin marketcap divived by Ethereum marketcap. On September 2019, Bitcoin's MarketCap hits ATH against ETH, by being 10 times bigger. Today, the ratio is about 2x only. When this ratio drops below 1, the FLIPPENING will happen.
We can easily draw a descending channel on the daily. This helps forecast an approximative date for said FLIPPENING: IF WE REMAIN IN THIS CHANNEL, THE FLIPPENING WILL HAPPEN BEFORE FEBRUARY 2023. A breakout is possible, but rather unlikely.
My point is: I don't want to miss the train. Some cryptocurrency projects are building the future of the internet RIGHT NOW, and bitcoin isn't. It is going to be replaced.
I will then be looking at some of the biggest layer 1 opponents which are popping off right now. I like to call them Bitcoin Destroyers.
Here is 8 of them:
All of them are beating Bitcoin right now and could stand a chance at replacing him in the long run.
Not financial advice, do your own research.
one signalfuture long position
TP: 0.1940
SL: 0.1660
R/R: 2.25
condition: close 4h candle top of 0.1740
Harmoney ONE Update forr one :
This scenario is so excepted. Will be canceled if we got a daily candle closed above 0.23 and break 0.37 level.
ONE is Long afBINANCE:ONEUSDT
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Testing a crucial resistance, once broken, there is no coming back anytime soon,
Price Broke both EMAs (21 and 55), and EMA 21 closing in on EMA55 (which shows bullish momentum)
MACD shows Convergence with Bullish Momentum
RSI 65 (not oversold, which provide availability for a potential uptrend)
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Trade Carefully! Cheers!
ONEUSDT LongHey traders, in today's trading session we are monitoring ONEUSDT for a buying opportunity around 1,158 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Huge Break for #ONE 0,24 is on the wayDisjoint channel break was huge for me.. i double my long position
#ONE to $242 Possibilities for #ONE . That Cup looks good for me, there is a short wave in the market now but i will not wait handle to buy..
ONE/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart; you'll see that the white squiggly line played out. We've been correcting since then and we're starting a new impulse wave soon. Wave (1) top is in and wave (2) bottom is either in or near.
Wave 3 target: 0.60
ONE is outbreaking out of rising wedge but i am shorting it One is escaping from rising wedge but i think that it have no strenght to rise much more and i shorting it with stoplose at 0,1556
I am opening Long for ONE if this happenOne is preparing for something big if the falling wedge will ocure here
Harmony | Steep Decline Can Lead To Fast Jump (95%+)We have a very strong/fast/steep decline on the ONEBTC (Harmony) chart.
Sudden/fast price drops can lead to the reverse, sudden fast price appreciation.
It is still early on this one though, so ONEBTC can still test a lower support level.
You can find the targets plus additional details on the chart.
Namaste.
ONE - Be Ready!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ONE is overall bullish trading inside the brown rising broadening wedge pattern.
ONE is now approaching the lower brown trendline and green support so we will be looking for buy setups.
on DAILY: The sellers seem to be exhausted, as the last swing couldn’t push lower, instead resulting in a higher lower. This gives us an early alert that a potential shift in momentum might occur soon!
But it doesn’t mean that the bulls took over yet.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, ONE would be overall bearish can still trade lower inside the green support before trading higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Harmoney - (ONE) THE BREAKOUT TRENDHello trading friends,
This is an update for the last trend chart of (ONE).
The trend is still interesting - and it's possible that we can meet coming time a breakout trend.
The interesting target for ONE is = 0,17+ which means an increasing trend above 25%.
'
This all depends on the coming time frame - and for this reason, ONE is into interesting trends.
Same time depending on the last trends ONE should hold the 0,12 for positive trends.
Have a great day.
@ this is not a trading call - trade always depends on your setups.
This update is a view from the trading study trend and there is nothing called 100% guaranty into trading.
ONE - LONGONE
ONEUSDT
Potential Harmonic Pattern
Target 1 - 0.1499 Profit 8%
Target 2 - 0.20631 Profit 49%
Current Price : 0.137
Activation point : 0.173
Good Luck
Harmony - Breakout trend Hello trading friends,
Harmoney shows a Breakout trend expecting depending on TA.
check ONE on 2 sides The trend could change if BTC shows unexpected price action.
Depending on this price action we could meet a new breakout coming time which could also enter the main zone of 0,17+ usd
If it hit the 0,17 + trend it means its an increase of 28% + at last.
Same time it's important that One holds the 0,10+ trend to keep going in the green trend.
In short, it means: There are interesting trends on ONE that could bring one into a new breakout trend - what could bring ONE into a new breakout area.
Same time it's a process that also can take some time.
Have a great day.
If you like the content, share your nice like
@ All trends updates are expected and depending on TA and trends - there is no guarantee for any price action.
This is not a trading call - at all times manage your risk and trade depending on your setups.
ONEONE bounced from the major support level. ONE is now heading towards the local resistance of $0.138-$0.14 area. If ONE is able to break the local resistance then we will see a test of the major resistance area. You can increase your stop loss to breakeven price and hold this trade.
Possible Set Up for $ONE!Seems like Cup and handle is in making on 4 Hour. If this plays out. I am expecting it to perform better.
One is going to be bullish and there are two scenariosHello every one
ONE/USDT
🟡Chart is speaking it self!
-The ONE was in a double Top pattern.
-the bearish break out has already happened.
- regular bullish divergence (+RD) on MACD
- There are two scenarios:
S1: a bullish movement would start from here and at least reach it's resistance
S2: the expected bullish movement would start after touching it's Support zone
-support zone: 0.107$
-resistance zone:0.17$
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Thank you for seeing idea .
Have a nice day and Good luck
$ONE - left for dead but the risk:reward is there to be long$ONE was a darling in Q1 2022. Made a new low by end of Q1. Will they resurrect it? I think it's worth punting a long.
