ONEBTC trade ideas
ONE/BTC on the move again, quick look. Harmony 15min targetQuick plot to see how this wave plays out.
Clean ping on 4.618 clearly ended a wave.
Now expecting a retrace to 2.618 or 2.236.
It may well keep going up from here to new highs.
It may well creep down to the 1.236 at 273 sats.
Reaction here will provide clues going forward.
Part of ongoing analysis of Harmony :
Bottom call after initial pump (click)
Resistance watch on the bounce
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Harmony (ONEBTC) Binance New ListingHarmony (ONE) is has been trending on Binance for the past few days, promotion, airdrop, all those goodies, it has been launched recently, another interesting project.
About Harmony
Harmony aims to offer a high-throughput, low-latency, and low-fee consensus platform designed to power decentralized economies of the future.
Harmony (ONEBTC) is trading above EMA10, which gives it bullish potential but Recently it produced a lower high (LH) which needs to be broken if this pair wants to continue going up.
If the last high can't be broken, looks like Harmony (ONEBTC) will move down to test EMA10 (302 satoshis) and maybe go lower.
There isn't enough data and history for this altcoin, so it is hard to know where it will go... So a few simple potential scenarios are drawn on the chart.
So we are looking at resistance and support, if we level break, we look at the next and the movement can be followed based on candle close.
Thanks a lot for reading.
We appreciate your support.
Namaste.
All eyes on Harmony (ONE) !ONE/BTC is about to complete the Cup & Handle pattern.
Wait for a breakout. If the resistance at 330 breaks, get ready for the targets!
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Buy ONEBTCBuy ONEBTC, just broke 333sats resistance, formed a Cup´n Handle pattern and also a bull flag on the H1 timeframe. Targets at 450/568 pivot projection. Stop loss if current H1 candle falls and leave a shooting star, which is unlikelly for now. If the action goes up as expected, keep rising stop loss to protect profits, using H1 or H4 time.
BINANCE:ONEBTC
CUP & Handle Pattern HARMONY $ONECurrently, Handle is being Printed on the chart.
Harmony is the most hyped IEO on Binance. Record Volume on the day it was listed.
It has been holding pretty well when BTC has been dumping. My guess is it will reach close to 400 sats if this Cup and handle pattern works out.
ONE CUP AND HANDLE FORMATIONRecent pump from Harmony(one) made a cup formation which tested 330 resistance level which is failed again. Now it will fall to 275 -280 level to bounce again. This C & H formation will give first target as 298. It may test 330 again. If 330 resistance broken, we can see 370's or more. Thank you
Get it while it's cheap... LOL Buy Zone Harmony/bitcoinIm thinking NOW is a gudd time to add more to my bag of ONE token,
Tikr: ONEBTC
Buy zone anytime under 250sats
SL: not necessary but if you must place Below 150sats
TP1: 350
TP2: 450
TP3: 595
Reason: Harmonic pattern, Fundamental Analysis, Lucky Guess really
DYOR
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