ONEUSDT trade ideas
ONE - In search of the bottom👀Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 4 days long
⭐️ Price at historical lows
⭐️ Pullbacks are getting smaller
⭐️ In the end of formation
⭐️ Price is squeezing to local level
⭐️ 5th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
🔥 ONE Keeps Falling: No End In SightAround two months ago I made an analysis on ONE. In said analysis I wrote that ONE had much more pain ahead and was likely to make a move towards the $0.017 area.
Congratulations if you took the trade.
In my previous analysis I argued that $0.017 could potentially function as a bear-market low. Didn't expect we'd fall this fast, so I'm expecting ONE to fall even more. Realistically, we still have 1 - 1.5 years of bear market ahead, so more potential for downside.
0.01275 is our first target, short-term. $0.0075 is my long-term bear target. This area could potentially cause a big bounce, but we'll see by then.
ONE to watch right now.....Obviously bitcoin is giving us the wobbles. But besides bitcoin, the ONE/USDT and ONE/BTC charts are giving us a lot of signals for a bounce. (a sort of dead cat bounce also given how oversold it is).
Youve got bullish divergence on the 12 hour here. The 1 day chart the RSI is just about flat, whilst the price declines, but nonetheless, price is at support (albeit declining support).
On the LTF youve got an overhead diagonal resistance, that could easily be invalidated, as well as, bullish divergence on the 1 hour.
Moving over to the ONE/BTC chart, we are in a similar situation, price has fallen to support, with divergence on the 12 hour and the 1 hour. Again, the resistance is so close, and could be easily invalidated. I could see ONE/BTC rallying 10% quite easily.
Will try and get as many pictures of charts down below to illustrate the thinking here.
ONE - Looking for bottom patterns & the breakSome patience required with this one.
Lots of coins that have put in bottom patterns and subsequently broken out from overhead resistance have rallied quite considerably. I would expect ONE to do the same.
Ive drawn some resistance lines that I can add alerts to here on tradingview.....
Manage have a go at creating your own resistance lines.
Will update closer to the off!
ONE USDT HELLO GUYS THIS MY IDEA ABOUT Harmony One Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the buyers from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this Long trade....
THANKS
TURTLE TRADER
ONE is moving upAfter having lost 95% of value since the top, ONE has grabbed for liquidity (in yellow area) and is moving up.
We hope that this week is the first green candle after 11 red ones in a row.
Moreover a medium bullish divergence is detected (on 6H TF) and is a good sign of a minor reversal.
ONEUSDT wants new liquidity before reverseThe price is creating a falling wedge and equal lows on the 4h timeframe.
Now the price is testing the lower dynamic support.
We have a clear demand zone on 0.034$ where the price could get new liquidity above the daily support on 0.030$
How to approach?
IF the price is going to grab new liquidity and create a reverse trade, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐