ONEUSDTHello everyone 😃
ONE had a breakout from it's descending channel and now MA200 is trying to reject the price.
There is a possible retest on Channel's higher or support zone;
It could be good to take a bag of it at retest point..
📌 BTC is moving below resistance line and bearish trendline now !
So, Be very careful with altcoin trading in the next couple of days. Altcoins are highly affected by Bitcoin, even 3% downward move causes 10% dump on some alts.
Moreover,
BTC just pumped without any correction from $47k to $55k (+17% pump), so If you have any position in profit, make sure you moved stop loss at break even.Unless BTC.D breaks the 50% support level in Daily TF !
🔴 MACD is being bearish;10% correction in short-term is expected !
Hope you enjoyed our analysis about ONE's buy setup🙌
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Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Note
New BTC's analyzes is out !
Next month will be great for Alts..
Don't miss it !
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.