The overall trend for Harmony is still down but we are getting close to the top of the descending channel. I see a trend starting to form within the white box in the chart, the 50% level for that forming trend is at ($0.109) if we can break this and start to hold this level that's a solid start for harmony to regain the strength it once had. Also seems to be a...
Spotted a inverse head and shoulders pattern on the 6hr chart for Harmony(ONE). If this pattern plays out we could be looking at a $0.22 Harmony we are also getting close to breaking out of the descending channel, if we can break the channel on high volume these for me would be two signs that things could be turning up. We are back above the 20EMA, and the 50EMA...
So I did some back testing on harmony today, and I applied the Elliot Wave theory to were we are now I think we are goin to see another correction wave form within the next few days. We want to see harmony get back above the 50% level on the fib cause if we get that correction wave it is possible we may see another leg down. If we can push above the 50% level then...
Harmony has been in a descending channel since March 29th, 2021 today's candle wick has bounced off the top of that channel. We are also pushing strongly up to the 50% level on the fib with high volume. If we break this channel then I think harmony has potentially regained some of it's strength back, for harmony to regain full strength I want to see us get back...
As bitcoin comes down to test it's support at 30k harmony is also losing its strength. Our support at $0.09 has been broken if we close below it today. The next level of support would be at $0.05 if this level doesn't hold then we will be back to the ultimate bargain levels before harmony had did it's first run up. I myself don't believe that we have seen a...
I decided to scale in to the 4hr so I can actually see what happened yesterday during all of the FUD around bitcoin and Elon. If you look at the circle highlighted area harmony(ONE) wasn't really affected to hard, yes we were down (-10.00%) but we've bounced very hard off 0.44 which is halfway between 38.2 and 50% on the fib. Also as we bounced off of the 0.44 on...
Harmony is holding the 50% level on the fib very strongly. We need to hold between $0.12-$0.13 to stay healthy short term. If we can hold this area of value I think harmony is primed to continue its run up! On the daily chart we still have higher highs and higher lows as of now I'm not worried about harmony. We are also still above the breakout of the bull flag...
Today harmony just smashed through the bull flag I saw form over the past few days. The trading day still has about 9 hours left but if todays volume is high and we close high on this break I think harmony may be ready for it's next run up. NOT FINANCIAL ADVICE!
I've been following harmony since early March and since the flash crash on April 17th we have yet to fully recover. It looks like harmony may be forming a bullish flag on the daily chart. Also the 50% level on the fib or $0.15 seems to be strong resistance, support looks to be coming in around $0.10. I think 0.10 needs to hold for short term bullish. If we can get...
CAKE just had another deep retracement to the 50% level on the fib as you can see in the chart it did the exact same thing on its previous wave up. This could potentially be the start of the next wave. (NOT FINANCIAL ADVICE) DYOR!
Too me MANA looks to be a fake out. Only one bar closed above the resistance level but the rest of them didn't close to far off of the resistance which is a good sign for me only thing that has me a bit worried is the volume the volume is pretty low we want to see a high volume breakout to signify a stronger breakout. MANA isn't out of the woods yet though I think...
April 7th was my initial bottom for harmony but then an unexpected correction came on April 18th pushing the price down even further. Here's my update on Harmony I think we are seeing an Impulsive reversal forming. If we can continue to see some buildup(Consolidation) on the way up instead of a Moonish move straight up I think harmony is primed to hit $1 by the...
Here's my thoughts on Cosmos. I've noticed cosmos likes to consolidate for about 113days before it tends to break out even the previous move had a 114day consolidation before it started to breakout. After the breakout cosmos build up more for 20-30days then takes off. I've also noticed during the consolidation price dips below the 20MA about 5times before break...
I'm trying something a little different today still using Fib Timeframes which I love a lot but this time I'm measuring every swing to try and capture a more accurate bottom I'm also trying to understand the emotions in the market more I think that is an important aspect to look at. So what I'm seeing is as the wave starts the time to hit highs and higher highs...
Pancake Swap looking bullish if we get a retracement to 0.21 which is 0.382 on the fib this may be a good buy in point. The first move took 27 Days and it looks to be repeating the same pattern if so we may see something like this.? Maybe it happens faster. A breakout would be at 0.26 probably a safer entry. (NOT FINANCIAL ADVICE DYOR!)
Guys I've been watching WAVES/USD for awhile now and it looks like we may be getting a break out here. Sorry if It's a bit clustered but the red box is a resistance area of value and the green and purple play a the support area of value. We continue to see higher lows as we come up to test this resistance at the red zone we also broke our last level of structure...
So I decided to do an update on Harmony(ONE) based on Time frame and this is what I come up with. So from the beginning of the up trend it took 43 days to hit the top before a correction came. The correction took 9 Days to hit the bottom of the dip and from the bottom of that dip it took 34 days to hit the next top of the trend. So I'm thinking that from today...
Just finished up some analysis on NEO/USD I like to do these little measurements to help me kinda get a better prediction on where price could be heading. Looks like we have a longer build up of accumulation on this run the break out has high volume waiting on the test of this breakout to get a position. We continue to get higher lows and higher highs within the...