1D time frame
-
ONE is consolidating under the long-term downtrend, and retesting the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with 3.6 RR. Also, there is a strong support on higher time frame around 0.008~0.010, this is a great zone to accumulate spot if ONE come back again in future. Therefore, I provide two...
4h time frame
-
ONE gets support from the uptrend since Oct '23, and this is a reasonable retest zone after ONE broke out the long-term downtrend on Dec '23. According Fibonacci tools, we have three targets, 0.03, 0.038 and 0.048.
-
TP: 0.03 / 0.038 / 0.048
SL: 0.01397
ONE (Harmony) had a fantastic move to the upside and per my last analysis, we capitalized on it. We have now come into contact with the downward-sloping resistance on the Weekly timeframe. Is it time to short?
How do we trade this? 🤔
Short answer, almost. The downward-sloping resistance is a major data point in this analysis, coupled with the two failed...
OneCoin is struggling to continue upward at the Resistance Zone, hinting that the price wants to fall back to the EMA ribbons. Is this an opportunity to short? Or should we look for a long?
How do we trade this? 🤔
The last three candles have been relatively weak bull bars, especially the last one which ended as a doji (a one-bar trading range). The current...
OneCoin (Harmony) is failing to break the bear channel resistance and after a recent sell signal, is showing the symptoms of a drop to the previous low or even lower lows. If Bitcoin fails to break its Weekly Resistance, it could add some additional pain to the entire crypto market.
How do we trade this?
It's reasonable to short right now . We have the sell...
