Harmony potential scenario for long-termHarmony is down almost 96% from its ATH and is forming a decent inverse H&S pattern on the HTF. The second shoulder is about to form due to a correction that started in March 2024. The main support for ONE is at $0.01, with the main target at $0.1682 and an optimistic target at $0.98! Let's see how it goes. DYOR
ONE
Technical Analysis of Harmony (ONE/USDT) by Blaž FabjanTechnical Analysis of Harmony (ONE/USDT) by Blaž Fabjan
The chart of Harmony (ONE/USDT) shows a falling wedge formation, indicating a potential trend reversal and possible price increase. I will analyze various indicators and identify good entry and exit points for intraday and swing trading.
Indicator Analysis
Volume: Currently, the volume shows a slight increase, which could support a trend reversal if accompanied by further volume growth.
Market Cipher B: This indicator shows divergences, suggesting a possible trend change. We observe green dots, usually a signal for potential upward movement.
RSI (14, close): The RSI is at 46.06, indicating a neutral state. It is not in the oversold territory (below 30), which would suggest a potential upward reversal, but it is in the lower half, indicating a possible trend reversal upwards.
Stochastic RSI (14, 1, 3): The Stochastic RSI is at 86.15, indicating overbought conditions, which could mean a short-term pullback before the trend reverses upwards.
Intraday Trading
Entry Points:
At the current price (around 0.01560 USDT), when volume starts to increase.
At the support line of the wedge (approximately 0.01520 USDT), if retested.
Exit Points:
First resistance level (around 0.01680 USDT).
Second resistance level (around 0.01850 USDT).
Swing Trading
Entry Points:
Upon breaking out of the wedge upwards (around 0.01600 USDT), confirmed by higher volume.
At the current price (around 0.01560 USDT), with confirmation from indicators (e.g., green dots on Market Cipher B).
Exit Points:
First resistance level (around 0.01850 USDT).
Second resistance level (around 0.02000 USDT).
Third resistance level (around 0.02200 USDT), if the trend is strong.
Conclusion
The chart shows potential for a trend reversal due to the falling wedge formation. It is essential to monitor indicator confirmations and volume for entry and exit points. Intraday traders should pay attention to short-term fluctuations and rapid volume changes, while swing traders can aim for larger gains upon confirmation of the trend reversal.
Further downwardsThe current trend is downwards, and it's heading lower, with support. ONE is currently testing this support level. Additionally, there's a large descending channel, which could keep the price oscillating for a few weeks.
The bearish scenario suggests it might hunt its support and, with solid confirmations, move further downwards.
ONEONE coin is currently undergoing a correction phase, which typically involves a temporary decline in price within an overall upward trend. During this phase, the price might take corrective liquidity, where sell orders are triggered to allow for more buying opportunities. This action can push the price higher, indicating a potential for good investment opportunities. Corrections are a normal part of market movements and can offer strategic entry points for investors looking to capitalize on future growth.
ONE - Looking like a moon trade #ONE/USDT #Analysis
Description
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+ The price has reached the broadening wedge pattern and is currently trading within the support zone.
+ I anticipate this support holding and the price rebounding from this zone. (However, if this support fails, our trade is invalidated.)
+ I'm initiating a short position at this point and will consider adding more once the rebound is confirmed.
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VectorAlgo Trade Details
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Entry Price: 0.01983
Stop Loss: 0.01595
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Target 1: 0.02251
Target 2: 0.02560
Target 3: 0.03124
Target 4: 0.03931
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Alikze »» ONE | Wave 3 or C bullish scenarioAccording to the previous analysis, the currency of Harmony One reached its target. Currently, it is in the microwaves of rising wave 3, which can increase this wave to 0.063. to continue But in the higher time, it is expected that the started wave will return at least 100% of its previous wave to the area of $3.27. But in short-term goals, the specified supply areas can be considered as profit limits.
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ONE/USDT It required break the pattern for continue movement!💎 Paradisers, #ONE is indeed a coin worth monitoring closely.
💎 Currently, it's traversing within a descending channel while also displaying a bullish reversal pattern known as a double bottom on the chart. Momentum seems to be building as the price approaches the resistance of the descending channel.
💎 For a bullish momentum to materialize, ONE must successfully break out of the descending channel pattern. A breakthrough would signal potential upward movement, with the next target being the resistance at the neckline of the double bottom pattern. Breaking this level would confirm increased bullish sentiment and could lead to a test of our target strong resistance area.
💎 However, if ONE fails to breach the neckline resistance, we might see a retracement to test the demand area or even a decline to the major demand zone.
💎 Should ONE fail to bounce from the demand area and instead break below it, the price could continue its downward trajectory toward the major demand zone.
💎 If ONE reaches the major demand area around 0.0176 - 0.016 in the future, it's crucial for it to bounce, as this level holds significant importance. Failure to do so would validate the bullish invalidation, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
ONE ANALYSIS (4H)From where I put "start" on the chart, it looks like an ABC pattern or a more complex pattern.
Wave A is a diametric and wave B is a triangle. For wave C, it can drop.
By maintaining the supply range, the specified demand side can move.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#ONE\USDT#ONE
We have a bearish channel pattern on a 12-hour frame, within which the price moves and adheres to its limits well.
We have a major support area in green at the 0.01500 level
We have a trend to touch Moving Average 100
We have a downtrend on the RSI indicator that supports the price higher when it is broken
Entry price is 0.01800
The first target is 0.02200
The second goal is 0.02850
The third goal is 0.03420
ONE/USDT bullish reversal from key support? 🚀one Analysis💎 Paradisers, watch out for #ONEUSDT! It's coming up to an important spot that could mean prices are about to go up. If it keeps up the good work and ends up higher than $0.0226, we could see it climbing even more to hit tougher challenges.
💎If things don't go as planned and it falls below $0.0226, no worries—we've got a backup plan at $0.02000. This spot is like a trampoline with lots of support, ready to bounce the price back up.
💎 Just a heads up: if it drops below our backup, it might mean prices could keep going down as more people start selling. Staying sharp and ready to act is super important as we see how things unfold with #ONE
ONE/USDT Facing in the supply area, Could Break or rejected ?💎 ONE has recently encountered significant market dynamics. Currently, it is facing resistance in the supply area. In the previous attempt, ONE was rejected upon reaching this supply area.
💎 If ONE manages to successfully break out above the supply area, confirmed by a daily candle close, there is potential for continued upward movement, possibly reaching our target area.
💎 However, if ONE fails to break out above the supply area, there is a risk of price rejection, leading to a gradual downward movement towards the demand area to seek new momentum.
💎 The demand area holds crucial significance for ONE. The price must bounce from this level to attempt another breakout above the supply. Failure to sustain the demand area, indicated by a breakdown, would be a bearish sign.
💎 In such a scenario, ONE may switch back to a bearish trend, potentially leading to further downward movement towards the support area or even lower levels.
Harmony (ONE) completed a setup for upto 20.50% pumpHi dear members, hope you are well and welcome to the new trade setup of Harmony (ONE) coin with US Dollar pair.
Previously we caught more than 20% pump of ONE as below:
Now on a 4-hr time frame, ONE has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Harmonic on Harmony x2 - Bullish Bat Long $ONELSE:ONE has completed a bullish bat and sprung above the prior resistance, which is a historical key level, it is now testing that resistance as support.
It is possible that we go back down to the pcz of the harmonic to complete a type two return, hence why the stoploss is below that pcz. Having said that we are in an actionable area now so we plan to monitor it closely, potentially adding to our position should we retrace to the pcz.
Daily is also showing potential bullish divergence.
ONE/USDT Look's promising! ONE ready to continue Upward.💎 ONE has recently shown significant market activity, with its latest movements catching the attention of traders.
💎 After a strong rebound from the demand area, marked by the closure of a robust green candle, ONE is positioned for a potential upward trend. This positive momentum could lead it to retest the bearish OB area, where a breakout attempt is anticipated.
💎 However, should ONE return to the demand area and fail to sustain its level - indicating a breakdown of the demand - this would signal a concerning shift in market dynamics. Such a development would suggest a reversal to a bearish trend for ONE.
💎 In this scenario, the potential for downward movement increases, with the support area becoming the next critical level to monitor. This juncture is crucial as it will determine whether ONE can maintain its bullish momentum or if it will succumb to bearish forces, leading to further declines in its market position.
ONEUSDT Formed Parallel ChannelONEUSDT technical analysis update
ONEUSDT price exceeded the upper trendline of its parallel channel on the day chart, formed over the past 600 days. While this could indicate a potential breakout.
we can expect a 100-200% move in midterm
Buy level: Above $0.0189
Stop loss : $0.0150
Regards
Hexa
ONE/USDT Breakout the major pattern, Bullish Momentum for ONE!💎 ONE has recently experienced notable market dynamics, breaking out of a major descending triangle pattern, indicating a bullish momentum.
💎 However, the price now requires a retesting phase either at the demand zone or the Bullish OB area before continuing its upward movement towards our target area.
💎 If during the retesting phase, ONE fails to bounce and instead consolidates with weak volume, this could be a concerning sign. It suggests the potential for the price to break down below the demand zone, with the next likely stop being the Bullish OB area.
💎 Moreover, if the Bullish OB area also fails to sustain ONE above it, resulting in a breakdown, it would confirm a false breakout. In such a scenario, ONE could revert to a downward movement, with the possibility of returning to the strong support area.
ONE is moving up in the channelONE is moving up in the channel after bouncing off the trendline of the channel.
🔵Entry Zone 0.01872 - 0.01945
🔴SL 0.01684
🟢TP1 0.02038
🟢TP2 0.02552
🟢TP3 0.02838
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