ONE
HARMONEY (ONE) ANALYSIS: BREAKDOWN OF THE WEDGE!HARMONY (ONE) ANALYSIS:
HARMONY has been falling inside of a strong falling wedge but recently confirmed a third touch to the bottom trend line. The bounce off this line does not seem to be fake out as it is backed by a strong volume of buyers which stepped in. RSI became neutral and ATR is trending at low rates. I expect a favorable breakout of the wedge on the next attempt here coming up. The target profit 1 is 62 sats, followed by T2 at 69, and T3 at 78 sats. The large order blocks of resistance come right near T3 and above as harmony enters 80+ sats. Looks to exit trade fully by T3, take profit along the way!
Possible Entries: 54-57 sats
ONE ANALYSIS (BOUNCE OFF SUPPORT)ONE ANALYSIS:
ONE has been pushing off support and looking to move back towards daily resistance block. The daily resistance has been rejected two other times and a third attempt is bound. It is unclear if ONE will be able to break thru the daily resistance, therefore look for the take profit targets at T1 of 72 sats and T2 at 85 sats. Im expecting rejection to come closer to 90-100 sats. Plenty of room to grow until then as buy volume has been building consistently!
Possible Entries: 60-64 sats
Harmony [#ONE] : Upto 80% Profits Opportunity In The Mid Term.#Accumulation_Recommendation
Pair : #ONE / #BTC
Accumulation Area : 60 sats - 68 sats
Distribution Targets :
Short Term :
🎯 Target 1 : 75 sats
🎯 Target 2 : 82 sats
🎯 Target 3 : 90 sats
🎯 Target 4 : 100 sats
🎯 Target 5 : 113 sats
🎯 Target 6 : 140 sats+
Stop Loss : 49 sats
Invest: 3%
Risk/Reward: 4.81
ONEBTC ( Harmony )Bullish Breakout and Target 100 Satoshi#ONEBTC Chart Overview:
#ONE now trying to breakout upward if daily candle close above 69 Sat then we can expect upward move.
if close above trend line then we can targets our Resistance Level.
Support: 64/60 Sat
Resistance : 72/84/107 Sat
Resistance = Targets
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ONE/BTC - DAILY CHARTHi, today we are going to talk about Harmony and its current landscape.
It's of common knowledge among those who observe the cryptocurrency market for a while that this market can be unpredictable and extremely volatile. Even senior traders have stories to tell about gains and losses, due to incredible surges or horrific slumps of the price, learning a complicated and expensive lesson, in the best cases. This week the Traders of Harmony had a similar experience, after the catastrophic slump of the price in the short period, raising concerns over the project stability, and casting doubts over market manipulation, if developers of the project had dumped their holdings or the exchanges had failed somehow. Independent of the origin of the sell-off the hard truth is that in an unregulated market, the eventual lack of liquidity could lead to market manipulation by only a few players that the buying power triggers a cascade effect, of stop losses and margin calls, creating a cycle of panic at the market. Usually, a situation like this could be avoided if crypto exchanges had a trading halt system to hold trades for a specific time so the market could have time to cool down the animosities. About the project itself, nothing happened to justify the sell-off. For a matter of fact their look to be the most shocked ones in this story.
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