Hello my fellow Cryptocurrency trader, are you ready for more? Another great chart popped-up and I am sure you are going to like this one.
Harmony (ONEBTC) hit bottom in 2020. This bottom low led to a very strong 7,225% bullish wave. Wow!
This put a question in my mind: Will the same event repeat in 2024/2025?
The last bullish wave lasted 378 days, a little more than a year. This is us counting from the previous bear-market low to the bullish wave high. A similar situation today, if we use the recent low in August as the last low, would give a date of August 2025 as the peak for the next bull-market.
This is only a simple projection. It surely won't be exact but can give us an idea and help us mentally prepare.
We have a strong higher low. Higher lows lead to higher highs. This means that there is potential for a new All-Time High (ATH) on this pair. I don't know but I am open to seeing what will actually happen, it is very interesting truly to see the amazing potential. We buy and hold.
Easy targets we have, around 450% to start and 1,600% do-able long-term.
If it goes much, much higher; better... But we are only spotting the bottom, great entry timing, a nice opportunity; we let the market take care of the rest.
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