Matic & One ready for take off or consolidation?Both Polygon, Matic and Harmony have a different set-up, but have similar targets.. in case of Matic 0.5 usd and 1 usd certainly.
Harmony 0.05 and 0.01 usd.
I am still impressed of Matic's strength during Bitcoin's correction, though we have been hovering between 0.22 and 0.25 during bitcoin's correctional path.
All altcoins have hit the 0.618 retrace and have been flirting with the 21 EMA. It might take a while as we could retest the 50 EMA and go sideways for a while.
Only Matic has been strongly hovering above the 21 EMA for some time.. but could have a revisit before a run-up.
Though, I see in most alts as Harmony a descending broadening wedge which I have explained in my previous post.
And if I'm not wrong I can see a repeating fractal again (in the 2 pink frames), in Matic, mostly preceding a bullrun.
This results mostly in a very violet upwards wave. Of-course we don't have enough date to confirm this.
Volume is decreasing, but volatility is still present within a calculated retracement, which is good.
All depends of timing and adoption, but the graph tells the news, and not vice versa.
Oneusd
ONE/USDT - Next wave expected?From previous analysis, price went as planed .
On the 4-hour chart , we can now expect a correction around the 0.06$ level, but if this support level is broken, a deeper correction is expected.
There are only green candles on the daily chart, which means a correction is highly expected.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
ONE/USDT - Correction After Bullish CandleHello traders and community, today we will tell ourselves shortly about the situation of ONE/USDT
Trend analysis
- As you can see from the ONE/USDT daily chart, the price of Harmony coin made big bullish candle after it with price action analysis I expect that there is high probability for correction movement which you can see on the chart (white line). Price of ONE may go down approximately down to 0.04517 price level after it will be done we can count with bullish movement again. After correction movement we can expect price on previous resistance level (price zone: 0.06303). Today's Resistance level is on 0,06303 price level, support level is near 0.03998 price level and global trend stays bullish. Always check for trustworthy signals before you make a trade!
Chart pattern
- Bullish breakout (approved)
- Correction (processing)
Technical indicators
- RSI: market is beyond the borders and is located near 79 level (overheated, Bearish signal)
- MACD: MAs are prepared for upward movement + they are moving away from each other and overall trend is going up (Bullish signal)
- BB: Volatility of the market started increasing after range movement accomplished (Bull signal)
- MA (10,20): MA10 is above the level of MA20 and moving upward (Bull signal)
= Overall bullish signal movement
Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention!
Tell us about your opinion for making better decisions :)
P.S.: Information provided is only educational and should not be used to take action in the market.
Harmony considered the MOST PERFECT 2nd layer scale solutionAs I watched Matic going public, I heard rumors saying 'Harmony is the real deal' and technically the most innovated layer 2 solution built ever. As Harmony is made in an idealistic way and is meant to bring fair trade into the world, the founders have tried to make this ONE as perfect as they could. It is considered by Theta the most innovated token and is still an underdog. We just have experienced a revisit of the value of the ICO, and this means a doubling is around the corner.
Most alts are recovering from a serious correction and are consolidating within a descending wedge, which is quite a particular trend these times in any tech/futuristic chart or market..
I can foresee a visit of 0.1 usd for sure. Harmony is the last one behind Matic for this market to catch up with Theta and Theta fuel.
Total supply of Harmony (12.6 billion) is quite similar to that of Matic (10 billion) but Harmony's circulating supply is already 75% of that of Matic which has still 50% of its supply to be released which could not harm, but I'd say influence Matic's growth.
Harmony has a current market cap of 240M usd, and a price of 0.026 usd, and a 0.1 usd is just a 4x and similar to Matic it can reach a 1B usd market cap, which many people have in mind as well.
People always follow trends and Harmony will certainly get in the spotlight and prove its practical use cases.
Technically as I said Harmony is at the offspring of momentum made in a descending broadening wedge, after correction to exactly to the 61.8% FIB (not shown here, as this is the 61.8% here is the follow up, not the correction). 1.618 Extension is exactly at the doubling of the ico's value and comes on around 0.06 usd. This could be a 3th wave visit or a bounce as a 4th correctional wave, with a target of 0.1, 2.618 FIB or about 0.1 usd level. We are clear above the 21 EMA and touched and get rejected by the 50 EMA.
I foresee certainly an identical target of 1 billion usd market cap as I predicted this for Matic as well before the run up.
If btc recovers and markets will shift in real values, Harmony and Matic are destined to become a top 20 coin which will eventually develop as a +10 B usd market cap token.
We must follow correct patterns, and this is just a calculated speculation, and the timeframe could be much larger as well.. remember the bullrun from Theta which had quite some long pauzes in between but ended up each time in a higher trading range.
So far this token deserves to be big, that's my opinion.
Harmony / Pick your lucky numberONEUSDT Weekly chart - Fibonacci Levels.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Harmonic Patterns on Harmony ChartHarmony (ONE) high time frame chart seems to be bullish . If it falls down to 0.00288 - 0.00358 and bounces at this level I expect it to break its almost horizontal trend and make a new trend with the same angle as the last trends it made before. If this happens I think It can easily break the all-time resistance and take back its ATH at 0.002426 by making a bat pattern
Harmony has completed a big bullish setupHey friends, hope you are well, and welcome to the new update on Harmoney coin.
Up channel and different indicators:
The priceline of ONE coin is moving in an up-channel and crossing up the 25 and 50 simple moving averages. The stochastic and MACD are strong bullish.
Big bullish Shark move:
On long-term monthly chart ONE with Bitcoin pair, the price action of ONE token has formed a big bullish Shark and entered in potential reversal zone.
Ichimoku cloud and different indicators:
The price action Harmony with Bitcoin pair is moving below the Ichimoku cloud. Now the cloud has turned bullish and MACD and Stochastic are also turning bullish. The Stochastic is also in the oversold zone.
Conclusion:
As the price action of Harmony coin with Bitcoin pair is turning bullish and it can breakout the Ichimoku cloud resistance in the long-term weekly chart, therefore it can also break out the up-channel that the price action of ONE has formed with US Dollar pair on the weekly chart.
ONE/USDT (Daily Bear Flag?)💎Technical Analysis Summary💎
BINANCE: ONEUSDT
-ONE is starting to break its key level of support around $0.427
-This is not looking good if the daily candle closes like this
-This will confirm the Daily Bear flag pattern
-And the next potential downside move is around $0.00361
-Please reduce the risk or follow your stop loss location
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
ONE/BTC (Strong Bounce, Testing Trendline Resistance)BINANCE: ONEBTC
-Harmony found support at previous resistance turned support
-The 60 sat regions prove to be a strong bounce area
-The trendline resistance is being tested if can be broken
-I recommend entering a Buy position once a breakout is confirmed
-Or wait for the pullback retest of the trendline to turn new support
-Aggressive or conservative entries all depends on your risk appetite
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**A little help by supporting my Channel
**Through leaving a Thumbs Up, Comment & Follow
**Happy Trading! --> Thank you! :)
ONE.USDT (Y20.P3.E1).Looking goodHi All,
Another ALT coin, Harmony is looking good on the daily.
It has the following for a good case:
Observations:
> Bullish Daily candle
> Convergence with the MACD
> Fib level area having confluence with the previous resistance and now likely support
> 21 EMA on the daily with the uptrend.
> Two indicators give support for a likely upward pressure
Please give me a tick or like for this post.
This one is likely to be slow moving compared to others but nether the less, it looks like a good upward trend.
Cheers,
S.Sari
ONE/BTC (Pullback, Retest of old resist>new support?)ONE/BTC
-a good retest of old resistance>new support
-there is a visible trendline resistance
-safe trading setup is to buy the break at 43s
-if a strong breakout and hold above it
-the upside potential is up to 72s
-stop loss can be placed under 38s
ONE/USDT - trendy dynamic support#ONE /USDT
- the narrowing of the price inside the local bull wedge;
- descended to the trendy dynamic support, the yellow line;
- bullish divergence. (blue lines)
Who is without a position:
Enter after the breakout/resistance test of the wedge. Stop-loss, depending on your RM: $0.00375 or $0.00364. Profits are marked by green zones on the chart.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!