ONE/USDT Update: First supportline demolished. Can we come back?ONE had an amazing run in Q1 2021.
Now we see the expected pullback which honestly is a bit longer than expected.
The last big pullback was together with the whole market and this is something that can happen at any time.
We assumed 0.1$ was the new floor but we are currently below the support line.
ONE needs to get back on top for a solid recovery.
Currently we are still in the middle of a short term downtrend.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONEUSDT
ONEUSDT Falling Wedge PatternONEUSDT Creating the Falling Wedge Pattern.
ONEUSDT Created ATH at 0.22403 and then went into the correction phase. Now we can see a pattern called Falling Wedge which is +65% Bullish. Now waiting for a bullish breakout and retest to open a buy trade.
Open Buy Trade IF AND ONLY IF , the setup is validated, not before the breakout, during the breakout, or in the retest.
Buying Zones: 0.1480 - 1.5555 - 1.6000
TP1: 0.19637
TP2: 0.22403
TP3: 0.3000
Stop Loss: 0.10028
Profit in %: 102%
Tenure: 45 - 50 Days
Confidence on Trade: 60%
NOTE: Do Proper Risk and Money Management and Do your own analysis before getting into this trade. The trade is only for Spot not for Futures. You will be the only one Responsible for any kind of loss.
ONE/USDT Update: Second entry was triggered. What's next?The whole market just experiences a dip.
These kind of dips are nothing special and happen frequently.
It triggered our second entry point.
Currently .1$ seems to be the new floor but this is not entirely confirmed yet.
We first have to look how the market reacts next week.
Another bearish entry is shown around .06$.
The volume decreases for several days now which is a bearish sign.
We can draw a parallel channel that shows us the short term trading range.
Let's see if the old resistance around .1$ can hold.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Harmony to explode? Alt season is here! Hello Everyone,
I wanted to share a chart I have been eyeing for some time. Harmony is one of the few low cap alt coins that has not seen a recent large upward movement like TRX, DGB, VET, and other low cap alt coins.
Here is my technical analysis:
1. We are currently in Alt season. The ONE to BTC chart looks incredible.
2. Major support is 0.1425 so a buy at or near this level would be a good starting point to average in.
3. Major resistance is 0.16. This is both a strong daily and weekly resistance. If volume comes in and we close above this, I could see a straight shot to 0.22.
4. MACD is showing waning selling momentum. This is typically a bullish sign as we are consolidating between 0.14 and 0.16.
5. Price action is heavily bullish on the daily/weekly timeframe.
6. Price is consolidating and typically consolidation leads to a movement in the direction of the current state of the market. This chart is heavily bullish so I would say an upside swing is likely.
My price targets are 0.22 to start and then 0.3 if price action is still very bullish. I believe a strong close above 0.16 would lead to the upward swing I am predicting.
As always, be patient, have risk management, and good luck trading!
Harmony Update 88% Gain from DCA Zone to $0.28Harmony Update 17/4/21: 88% Gain from DCA Zone to $0.28
Harmony is showing signs of a healthy retracement after a very strong Bullish continuation pattern which was triggered by our Swing Call on 1/3/28 Script lasting over 28 Days from the 28th February to 28th March. During this move from $0.023 to $0.22 we have had quite weak retracements to the 78.60% Fibs after every push phase. At present, we have had a much healthier retracement (Over 33%) which signals a return of the Bulls back in the market. The current stochastics show an extremely oversold market and we can expect the Bulls to come back into the market with a strong movement up to test the 78.60% Fibs were we have found some key resistance (20% from the current price level) and then further the current ATH price of $0.22 before a move towards our price target of $0.28 which is 85% from the current price level of $0.15. We have been in this pull phase, retracing down for the past 15 Days since we hit the ATH at $0.22 on the 29th March. The worst case scenario would see Harmony test the 200 SMA around the 50% Fibonacci level at $0.12 but note this would be the worst worst case scenario from here. Overall harmony has very strong fundamentals and we can expect this Bullish continuation pattern to continue after the profit takers are out of the market and the Harmony Bulls back to keep pushing the price towards the 127.20% Fibonacci target price of $0.28.Use the current DCA Zone to map your buys whether thats for a new entry into ONE or you are simply dollar cost averaging your current position. The key from here is patience. See previous analysis below. Happy Trading :) #Hodl $ONE
Harmony Update 02/04/21: 54% Gain from Buy Zone 3
Harmony has been consolidating over the past 3 days in Buy Zone 3 at the 78.60% Fibonacci level. Current stochastics on the 4H chart still signal an over sold market from the ATH price level reached on the 29th March. This is a perfect zone if you are not yet in Harmony ( ONE ) and if you have been riding this bullish continuation pattern with us since February, it is a good time to dollar cost average and accumulate more coins at this current price level. See previous analysis below. Happy Trading :) $ONE #Hodl
Harmony Update 29/03/21
Next Target $0.28 at the 127.20 Fibonacci level, Buy Zone 3 @ $0.18 (53% Gain to $0.28). We are still riding this Bullish continuation pattern, expect a bounce from the 78.60% Fibonacci level before another push phase to the upside (worst case scenario a break just below the 50SMA but this can only signal strong momentum), previous Target @ $0.23 is still to be tested (5% away from the current ATH Today) but with Harmony's bullish momentum, expect the previous price target to be tested and for Harmony to continue pushing towards the 127.20% Fibs and the new price target @ $0.28. Use the Buy Zone to map out your Buys . See previous analysis below.Happy Trading :)
Harmony Update 27/03/21
Harmony 52% Gain from DCA Zone, use Buy Zone to accumulate more coins at the 78.60% Fibonacci Level or set your Buys if you are not already riding this wave. See previous analysis below. Happy Trading :)
Harmony Update 25/03/21
After this Huge parabolic move from the 28th February Harmony has finally taken a small breather, not this move is not showing any signs of exhaustion just yet, our next price target at the 127.20% Fibonacci level @ $0.23. Be patient from the current price level if you are not yet invested, the last 2 dips have been very weak retracements and we still have a bullish outlook on ONE . Great news for your portfolio if you have been riding this wave with us, if not be patient, use current DCA zone to map your entries from here. A sniper entry at the 78.60% Fibonacci is the perfect area to Buy in. 52% Gain from our DCA Zone to the 127.20% Fibonacci level which is our current next target on this continuation pattern. Happy Trading :)
Understanding Harmony ONE
Harmony ONE protocol implements cutting edge solutions to combat blockchain scalability challenges without giving up security and privacy instead, reinforcing them. The protocol is focusing on community participation as they intend to increase the adoption of blockchain technology. Harmony took blockchain sharding up a notch to make the blockchain faster without sacrificing its security and makes onboarding of new nodes easier for any accepted node.
Sharding from Harmony ONE Protocol
Harmony protocol uses beacon nodes to randomize validating nodes to different shards after each epoch. Though being a validator themselves, Beacon nodes accept stakes from all validating nodes. Harmony protocol contains four shards with the capacity for 1000 validating nodes of which there are currently 640 nodes from the community. When nodes in each shard find a block, the block header is sent to the beacon nodes which in turn broadcast them to the whole network. The block header contains the identifier for each block such as the blockchain version number, previous block hash, timestamp of the block, etc. Apart from the fact that the randomized sharding increases the security of the blockchain, the implementation of beacon nodes and saving block header further improves security, speed, and lowers the storage size for each node.
Update from March 21st
Harmony ( ONE ) Parabolic after the 13 EMA Crossed up 50 SMA , will update this chart with some key Buy Zones, for now lets enjoy this ride up to next key resistance. #ONE $ONE
This blockchain has given our portfolio 30x Gains since purchasing in early January. What a journey so far and we are not even in Alt season yet! Whats your eoy targets? Personally I think $1 is very conservative at this rate and we might even reach higher price levels before EOY.
Will update EOY Targets and critical Buy Zones for entry. Happy Trading :)
Harmony $ONE Now...Harmony $ONE has still been working it's way through the consolidation period... Some say the length of the consolidation, is the length of the leap you could see upwards. AND when even MEME coins are lifting to the moon, it can only be a matter of Time
before projects with SOLID Fundamentals,
and a Great Team, such as Harmony $ONE blasts off on it's next leg of the journey towards $1 per ONE and Beyond...
Are you Ready?
ONEUSDT (HARMONY) 35%+ PROFITS! Possible ascending triangleHeya guys, tommyt here again. Hope yall enjoying that theta pump! Lots of nice gains being made, take advantage while the irons hot!
ONE is potentially forming an ascending triangle. There are also a lot of channels being formed currently across the market, so the exact pattern isnt confirmed yet. This could be the start of a profitable trading pattern so getting at the bottom here may be lucrative haha
BTC really volatile, so be careful guys, dont you dare enter this trade without a stop limit!
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CHEAT SHEET
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Entry: 0.142
TP1: 0.164
TP2: 0.176
TP3: 0.193
STOP LIMIT: 0.136
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FUNDAMENTALS BRIEF
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Rank #81
Market cap of $1.356 billion
Blockchain for dapps
Highly rated, legit project.
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ONEUSDT 💙 on the Daily - Binance*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only*
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We have a flag formation from March. The support and resistance lines are from the channel on monthly view.
Now waiting for decent volume to give us the breakout 💥
This is Trade only opp for me, not interested in holding.
As always, watch for volume. Do your own research. Always be watching BTC.
You do you, I'll do me & my own strategy.
Good chat.🤖
Waiting for bearish confirmation candle on Harmony $ONE/$USDT This hourly chart shows $ONE trading inside of a descending channel, breaking out and retesting the channel's upper trend line. MACD losing slope and RSI still has signs of sellers dragging price action down.
I'm waiting for a bullish confirmation candle closing on top of the upper channel border.