Harmony(ONE) update!

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 bearish flag forming we don't want to see this pattern complete because that could lead to another leg down but as of now we are close to breaking this flag to the upside which is a good sign. Now the overall 50% level for this down trend is at ($0.145) that's the level we really want to see broken and turned into support as long as we are below this level its anyone's game in my opinion. There is also some resistance at around ($0.12) so that's another price range to keep your eye on. As long as bitcoin can get back on track I think harmony will do just fine!


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Bearish FlagChart PatternsDescending ChannelharmonyoneharmonyprotocolTrend Analysis

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