🔥 Harmony ONE: Long-Term Bullish ViewIf we zoom out on the weekly chart, we can see that ONE has been trading inside a bullish channel for almost 1.5 years now.
During the last half of 2020, we saw an amazing move from Harmony where it made around 3,500% profits in less than three months.
Assuming that the price will follow the same pattern, we might be looking at a huge buying opportunity for this token. The price is still trading near the bottom range of the bullish channel and might soon go into price discovery once a new all time high has been established.
ONE
Harmony One broke out of it's triangle patternThis is a very good sign for continuation and I'm currently expecting Harmony One to attack the high of this chart pattern where I put my label on. The green zone you can see below the breakout is a fresh demand zone where I would look to buy in case ONE tests it and then rallies higher. Unfortunately I missed an entry on the imbalance zone marked as a white zone which price has already tapped. ONE may have had it's fill of orders and continue further up. If that happens, we could possibly find another entry later on lower time frame demand zones.
$One New highs coming?!Looking out to the bigger picture, Harmony $ONE looks like it can hit over a dollar to around $1.50 this run ( if btc keeps up its uptrend of course)
Due to some confluences I see with the technical indicators provided.
- Support at previous ath which correlates to top of wave 3.
- RSI looks to have more strength.
- We are currently in the middle of wave 5 and are barely passing top of wave 3
What are your thoughts on $ONE?
🔥 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!