ONEBTC
Trading Idea on ONE/BTCHello, Traders.
HARMONY is testing an important resistance region and is above a short-term support line so we are presuming that this asset is on the short term bullish trend, but we need to see the price break this resistance to continue the bullish structure with higher highs and lower highs.
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ONE/BTC (Pullback, Retest of old resist>new support?)ONE/BTC
-a good retest of old resistance>new support
-there is a visible trendline resistance
-safe trading setup is to buy the break at 43s
-if a strong breakout and hold above it
-the upside potential is up to 72s
-stop loss can be placed under 38s
Harmony (ONE) Long-Term Targets (845%+ Mapped)About Harmony
Harmony aims to offer a high-throughput, low-latency, and low-fee consensus platform designed to power decentralized economies of the future.
Sharding and Staking on Mainnet
Harmony is a fast and secure blockchain for decentralized applications. Our production mainnet supports 4 shards of 1000 nodes, producing blocks in 8 seconds with finality.
Our Effective Proof-of-Stake (EPoS) reduces centralization while supporting stake delegation, reward compounding and double-sign slashing.
Website: www.harmony.one
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Here we have the long-term chart for Harmony (ONEBTC) with future targets mapped.
From the current price to ATH, 845%+ is possible.
When Harmony (ONEBTC) goes on its bull run, it will hit a new All-Time High... Thanks a lot for your support.
Namaste.
ONE/BTC Buy & Hold Idea for May 12th, 2020The halving hype has died down, Bitcoin dominance will slowly but surely decline, and on technicals I see the following:
> Broke out of a year-long downtrend
> Broke out of a month-long downtrend
> retested those lines okay
> Seems to be finding decent support around this area
> Large volume on the previous daily candles
> Attempting to get over the MA50
> Over the EMA20
There is a supply shock coming end of the month but I’m not factoring that into the chart. Just playing it as I see it right now.
Not financial advice! Just learning how to chart.