ONEUSDT
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.
ONEUSDT PRICE PREDICTION Technical Analysis:
= $ONE has done like 50x since the beginning of the bull market while $MATIC has done 108x.
- This is the first bullrun for ONE so it's difficult to predict how high can it goes.
- But based on Fib it can give some clues: By January 2022: $0.67 per $ONE, Market Cap 6.9billion dollars. By July: $2.2 Market Cap 22.6 billion dollars.
Best case scenario for $ONE like really tiny tiny chance for ONE: $5.5 (25x) Market Cap: 57.5 billion dollars.
Not impossible because it's has done 50x for the first wave and 57.5 billion dollar is not too large for the current crypto market.
Fundamental Analysis:
- $ONE is smart contract protocol that helps to scale up Ethereum and building its own ecosystem.
- $ONE delivers what ETH 2.0 promised to do.
- ONE has rolled out their wallets, NFTs, Defi and plug into a lot of projects, the network has already available on MetaMask, ...
The Smart Contracts Competition is so furious, every chains is trying to be Ethereum Killers but eventually killing themselves.
The scaling solution and side chains for Ethereum would be immediate solutions.
Every chains has an Achilles Tendon, it's like Triangle Dilemma. You cannot have them all.
Co-existed would be the answer for which protocols will be like Be-all-end-all.
They exist complementary not replaceable.
NFA.
ONEUSDT Update!!!1. wait for the price to break
the trend line
2. wait to the price to create
pullback and confirm by rejecting
the trend
3. entry at the close of the candle
confirmation (use lower TF 5 min or 15min)
to confirm
4. Take profit below the resistance area
5. stop loss below the support area
Harmony Coin Outlook - ONEUSDTBINANCE:ONEUSDT
Price is currently forming an ascending triangle and may break away and head for smart money level.
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
$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?
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
ONEUSDT: The cup and handle pattern - potentially 60% growthHi there - on the 4h as well as on the daily charts we can clearly see the cup and handle pattern. We are currently staying above the support level and it does not look like we are going to go down.
There is also a bull triangle on the handle almost shaped so as soon as we break the flag pattern and retest it, we potentially can go as far as the depth of the cup - until 0.4.
As soon as we go below the newly created support level, there is a risk to go down to 0.18... So be careful with this trade.
This is not financial advice. Always do your own math before getting in.
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.