ONE to watch right now.....Obviously bitcoin is giving us the wobbles. But besides bitcoin, the ONE/USDT and ONE/BTC charts are giving us a lot of signals for a bounce. (a sort of dead cat bounce also given how oversold it is).
Youve got bullish divergence on the 12 hour here. The 1 day chart the RSI is just about flat, whilst the price declines, but nonetheless, price is at support (albeit declining support).
On the LTF youve got an overhead diagonal resistance, that could easily be invalidated, as well as, bullish divergence on the 1 hour.
Moving over to the ONE/BTC chart, we are in a similar situation, price has fallen to support, with divergence on the 12 hour and the 1 hour. Again, the resistance is so close, and could be easily invalidated. I could see ONE/BTC rallying 10% quite easily.
Will try and get as many pictures of charts down below to illustrate the thinking here.
ONEUSDT
ONE - Looking for bottom patterns & the breakSome patience required with this one.
Lots of coins that have put in bottom patterns and subsequently broken out from overhead resistance have rallied quite considerably. I would expect ONE to do the same.
Ive drawn some resistance lines that I can add alerts to here on tradingview.....
Manage have a go at creating your own resistance lines.
Will update closer to the off!
ONEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ONEUSDT
We see the price had several touches to our long-term resistance line (R2) and was rejected and fell into R1 area and by another rejection, had more decline up to S1. Then the price had a little rise and fluctuated over S1 area. The purple line represents a 4-hour resistance line and the price is fluctuating over this line now. We expect the price to rise upward and reach R1 and then higher to R2. We suggest to put your sale order at R2 due to the several touches of the price since the past. Even it is possible that the price loses the price and have a decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ONE Harmony Ignoring the key red flags such as: Bearish Div on weekly, Broke key trendline and retest, Volume decrease while making new high,... has caused us ONE HOLDERs hurt the most.
Lesson learnt hard way.
The next game plan for ONE is to break out this trendline and retest. Making lower low in price and higher high in RSI would create bullish div. Observing the volume as well. We deserve a rebound to 0.618 of Fib then we would think about the 0.01 target.
➰ONE- Flat correction almost doneThe idea here is that the whole price action since March 2021 is a running flat correction and is about to fill it's last (5) leg of wave (C)
Fib extensions are pointing at about ~0.81 as potential bottom .
Even if the idea is wrong, the price is about enter previous zone of accumulation, so it's likely that soon we'll see a bounce anyway👍
ONE Harmony diamond hands are finally given up. Bitcoin once again shaken out all the FOMOers in Altcoins.
While people picking up the great Altcoin but without Bitcoin they are just trashes and promises.
ONE gets really ugly recently and if it does not break up from of this descending triangle.
We will see ONE drops to the April 2021's Low.
Except Bitcoin, all of the Altcoin are highly overvalued.
Maybe Bitcoin is ready to shake out all of the Altcoin.
NFA.
HARMONY ONE WANTS TO MOVE UP BUT BITCOIN IS HOLDING ALTS#ONE & almost everything is struglling due to BTC.
ONE same scenario as #BAND, if it closes RSI above 50 we can expect upside.
Many alts seems like they have bottomed but it is BTC and Overall Market not letting them pump plus low volume due to weekends.