Harmony
Build on Harmony Bridge to All Chains (ONEUSDT analysis)📉📈Cardeno is known as Ethereum Killer, but in these hot crypto days in social medias, you may probably have heard , that has found a new competitor for Cardano called Harmony.😎
Well, I want to go a little deeper.
What Is Harmony (ONE)?
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.
coinmarketcap- harmony.one
------------------------------------------------------------------------------------------------------------------
📉📈TECHNICAL ANALYSIS
As you can see in the weekly time frame for ONE/USDT, the price is trading around 0.23 $ right now.
Recently, in the last two candlesticks, harmony broke its local resistance and hited its ATH . If maintain above 0.21-0.23 $ , it will continue to grow easily because it has no obvious resistance in its path.
In terms of Elliott waves, this wave can be considered the fifth wave of this uptrend.
and additionally the crypto market conditions are also favorable.
The rest of the points are clear in the chart or in case of ambiguity, leave a comment at the bottom.
--------------------------------------------------------------------------------------------------------------------
tips:
💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.)
💥(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your research.
💜 if you're a fan of my analyses give a big thumbs 👍 OR drop a comment 🗯💭
🙏with Best Regards
ONE/USDT is about to take a breatheONEUSDT (Harmony) created a cup and handle pattern in Daily time frame
The price is about to make new ATHs but now loose its momentum and is going to take a little rest, breaks the neck, and pullback is about to happen
based on fibo levels, there is two zone to reverse.
🔥 ONE New All Time High: What's NextAround a week ago I made an analysis where I discussed the upcoming break out of Harmony.
The signal proved a success with the target reached within a reasonable time.
Harmony / ONE is currently trading slightly above the previous ATH. I'm expecting the price to see some consolidation around this area, potentially falling down towards the lower trend line.
Next target at $0.3, got very high hopes for this token!
Happy trading!
Harmony (ONE) Update: Back to ATH, Next Stop $0.34 @ 161.80 FibsOver the past 24 hours Harmony (ONE) has grown over 30% from $0.17 to $0.22, retesting the ATH price at $0.23, from here we can expect Harmony to reach our next price target at the 161.80% Fibs @ $0.34 which is 47% away from the current price. Please see previous analysis below. Happy Trading :)
Harmony (ONE) Update 16/09/21: Road back to ATH , Harmony looks ready for the next impulsive run up to retest the previous ATH @ $0.23. Next price target from current price at the 161.80% @ $0.36 (108% Gain) and 227% Fibs @ $0.53 (190% Gain). Please see previous analysis below. Happy Trading :)
Harmony (ONE) Update 10/09/21: Road back to ATH , 16% Gain to $0.23. Since the 1st September Harmony has grown 88% from $0.12 to $0.19, and is currently trading 16% away from the ATH price. After a retest of the ATH price we can expect Harmony to test the 127.20% (49% Gain from current price) and 161.80% Fibs (87% Gain from current price).
Harmony (ONE) Update 01 /09/21: Road back to ATH looks very clear from here. From here we can expect a 90% gain for Harmony back to ATH price @ $0.23 and from the current price at $0.12, it is a 137% Gain to a new ATH at the 127.20% fibonacci level which is our next key price target at $0.29. See previous analysis below. Happy Trading :)
Harmony (ONE) Update: The last time this happened, Harmony gained 5705% in 3 months (80 Days). The swing call script signalled a strong buy signal on 07/ 01 /21 @ $0.002, over the 3 months from Jan to end of March ONE gained 5705% hitting a new ATH @ $0.23. The swing call script was triggered on the 29th July and is a very strong indicator for a reversal from the previous downtrend, bottoming out @ $0.046 on 22nd June. Now is the time to Buy in confidence, we expect Harmony to recover 191% back to the ATH price level experienced during March over the next 2-3 months period.
This blockchain has given our portfolio 30x Gains since purchasing in early January. What a journey so far and we are gifted another opportunity (Swing Script gains are different)! Whats your eoy targets? Personally I think $1 and we might even reach higher price levels before EOY.
Will update EOY Targets and critical Buy Zones for entry.
See previous analysis below. Happy Trading :)
Harmony One 50 Cent?Harmony One growing today and break the Resistance in 0.22 area. if daily candle close higher 0.23 , I think harmony one break the channel (after pullback) in next days and considering fibo 0.30 and 0.45 are possible targets to reach before end of the year.
TP: first: 0.25 second: 0.30 third: 0.45
that's just my idea. maybe it will be true or false
#HARMONYGOLD great setup for higher targetsFor the gold bulls, i really like the look of this setup.. We have finally seen harmony bottom out and break out the falling wedge with divergence ever present as it bottomed. I think we can see this rally up to previous resistance and 200 day moving average at $4.20
ONE, BREAK OUT OF BULL FLAG, RETEST OF BREAKOUT LEVELONE, (HARMONY) has finally breakin out to the upside of the bull flag and has completed a retest of the break out level.
Good time for entry if you haven't already.
first level of resistance at .22ish.
first profit taking area around .27ish for me, will update as bull run plays out.
LIKE and SUBSCRIBE for updates and profitable analysis!
:)