ONEUSDT trade ideas
Harmony (ONE/USDT) technical analysis and trading plan.Harmony (ONE/USDT), technical analysis and trading plan by Blaž Fabjan:
Price Channel:
The price is moving within a rising channel, marked by support and resistance lines.
The price is currently near the lower part of the channel (support zone), which suggests potential upside movement if the support holds.
Volume:
There's a visible increase in volume, especially around the recent moves to the downside. This could indicate some volatility and buyer/seller activity.
Keep an eye on whether the volume increases near the support area for a confirmation of buying interest.
Indicators:
VMC Cipher B Divergences:
The green dots at the bottom may suggest some bullish divergence, meaning that the price could bounce from this support level.
RSI (Relative Strength Index):
RSI is around 50, suggesting the market is neutral but possibly gearing up for a momentum shift. A move above 60 could confirm bullish strength.
Stochastic RSI:
Stochastic RSI is currently near oversold levels (below 20) and showing signs of a potential upward crossover, which usually signals a buy opportunity.
Support & Resistance:
The support line of the ascending channel acts as the immediate buy zone.
Resistance is around the upper channel limit, which could be a take-profit target.
Upward Projection:
The blue arrow shows a bullish trend, with price potentially moving upward toward the resistance of the channel.
If the price breaks above this channel, we could see further bullish continuation.
Trading Plan:
Entry Point:
Consider entering a long position near the support line (around $0.0135–$0.0140) within the price channel.
Look for confirmation signals such as increasing volume and bullish divergence on the indicators (especially RSI moving above 50 and Stochastic RSI crossover).
Take-Profit Targets:
Target 1: At the resistance line of the channel around $0.0160–$0.0165.
Target 2: If price breaks above the channel, set an additional take-profit around $0.0180 as indicated by the upward projection.
Stop Loss:
Place a stop-loss just below the channel’s support, around $0.0130. This level ensures protection against a breakdown of the current uptrend.
Risk Management:
Use proper position sizing, risking only 1–2% of your capital per trade.
Trailing stop-loss could be employed if the price continues to move in your favor.
Watch for Confirmation:
Ensure RSI and Stochastic RSI both signal momentum shift, and volume should accompany any move upwards for confirmation of the trend.
By following this technical setup, you can navigate the current market conditions for Harmony (ONE/USDT) efficiently.
ONE SETUPBased on the provided chart for **ONE/USDT** (Harmony on Binance) on a 1-day timeframe, here is a detailed trading plan:
### Entry Points
- **Primary Entry**: 0.01354 USDT (38.2% Fibonacci retracement)
- This is the ideal entry level where the price is showing some consolidation and potential upward movement.
- **Secondary Entry**: 0.01215 USDT (88.6% Fibonacci retracement)
- A lower entry for additional accumulation if the price drops, still within a strong support zone.
### Target (Take Profit) Levels
- **First Target (TP1)**: 0.01663 USDT
- This target aligns with the 61.8% Fibonacci retracement, which is a common area of resistance where traders may take profits.
- **Second Target (TP2)**: 0.02200 USDT
- A more extended target that reflects a potential breakout above the resistance level.
- **Third Target (TP3)**: 0.02800 USDT
- This would be a significant rally target if the price continues to move upwards, aligning with a key resistance zone.
### Stop Loss
- **Stop Loss**: 0.00795 USDT
- Set below the recent low (1.0 Fibonacci level), ensuring a reasonable risk management strategy if the trade does not move in your favor.
### Key Levels and Observations
- **Fibonacci Levels**:
- 38.2% retracement at 0.01354 USDT.
- 61.8% retracement at 0.01663 USDT (TP1).
- 88.6% retracement at 0.01215 USDT (secondary entry).
- **Harmonic Pattern**: A potential bullish harmonic pattern suggests that the price could reverse and move upwards.
- **Volume Profile**: There’s an increase in volume around the current price levels, which might indicate an accumulation phase before a breakout.
### Technical Indicators
- **RSI & MACD**: While not shown on the current chart, the structure suggests that the price might be at the end of a bearish phase, indicating the start of a potential bullish reversal.
### Trade Plan Summary
1. **Enter** the trade between 0.01215 USDT and 0.01354 USDT.
2. **Set Stop Loss** at 0.00795 USDT to limit downside risk.
3. **Target Levels**:
- **First Target (TP1)** at 0.01663 USDT.
- **Second Target (TP2)** at 0.02200 USDT.
- **Third Target (TP3)** at 0.02800 USDT.
This trading strategy is designed to take advantage of the potential upside, while managing risk with a defined stop loss level. The trade relies on Fibonacci retracement levels and the harmonic pattern formation for key decision-making points.
#ONE/USDT#ONE
The price is moving in a downtrend on the 4-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 0.01120
The price rebounded from it
Entry price 0.01150
First target 0.01238
Second target 0.01313
Third target 0.01400
ONEUSDT.4HUpon examining the 4-hour chart for ONE/USDT, I've observed several key dynamics that inform my technical analysis:
Trend Overview: The price action over recent months shows a fluctuating but overall bearish trend. The chart presents a series of higher lows and lower highs, indicating significant volatility within a descending channel.
Key Support and Resistance Levels:
Support 1 (S1): $0.01116 - This level has previously acted as a strong floor for price dips, and any approach towards this value should be closely monitored for potential buying opportunities or further breakdowns.
Support 2 (S2): $0.01010 - This represents the lowest recent price point, a critical juncture if the downtrend continues and breaks past S1.
Resistance 1 (R1): $0.01329 - This level has capped recent attempts to rally, and a break above this could signal a short-term bullish reversal.
Resistance 2 (R2): $0.01483 - A further challenge for bullish momentum, crossing this could shift medium-term market sentiment.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) lines are close to converging, suggesting a potential change in momentum or a stabilization of price movement.
RSI: The Relative Strength Index (RSI) is at 63.75, which leans toward overbought territory but still allows for some upward movement before typical reversal signals become apparent.
Conclusion and Strategy: Based on the current chart setup and the proximity of price to S1, my strategy would involve close observation for either a bounce off S1 or a break below, with potential entries set near these key levels. For bullish scenarios, awaiting a clear break above R1 with increased volume would be prudent before initiating long positions. Alternatively, a drop below S1 should prompt consideration for short positions, especially if followed by sustained low momentum or further bearish indicators.
Risk management is crucial given the volatile nature of ONE/USDT, with tight stop losses just above or below the key levels depending on the position (long or short) to protect against sudden directional changes. The ongoing observation of MACD and RSI will be vital in adjusting strategies as the market sentiment evolves.
Technical Analysis of Harmony (ONE/USDT) BY BLAŽ FABJANTechnical Analysis of Harmony (ONE/USDT) BY BLAŽ FABJAN
Chart Pattern:
Falling Wedge Pattern: The chart shows a classic falling wedge pattern, which is a bullish reversal pattern typically indicating the end of a downtrend and the potential beginning of an upward move. This pattern is characterized by a contracting range between support and resistance lines, with the price eventually breaking out above the resistance line.
Current Price Action:
Entry Point & Stop Loss: The chart suggests an entry point around the current price level with a stop loss slightly below the recent low. This aligns with a strategy to enter a trade after a breakout from the falling wedge pattern.
Volume Analysis: The volume appears to be decreasing during the formation of the wedge, which is typical in such patterns. A surge in volume upon the breakout would confirm the bullish sentiment.
Indicators:
VMC Cipher B Divergences: The indicator below the chart suggests a positive divergence, meaning the momentum could be shifting from bearish to bullish, further supporting the potential upward movement.
RSI (Relative Strength Index): The RSI is hovering around the 50 mark, indicating a neutral zone. The RSI is likely to push higher if the price continues upward, confirming bullish momentum.
Stochastic RSI: The Stochastic RSI appears to be in the oversold region and is crossing upward, which typically signals a potential entry for a long position.
Trading Plan:
1. Intraday Trading:
Entry: Enter a long position at the current price level around $0.01130 after confirmation of the breakout.
Target: Look for a quick target around $0.01250 to $0.01300, which aligns with previous resistance levels.
Stop Loss: Place a stop loss slightly below the entry, around $0.01050, to protect against downside risk.
Exit Strategy: Monitor the trade closely. If the price struggles to break above $0.01250, consider closing the position to secure profits.
2. Scalping:
Entry: Enter long on minor dips around the support line near $0.01120 to $0.01100.
Target: Set tight profit targets at $0.01160 and $0.01190.
Stop Loss: Use a very tight stop loss, around $0.01100, to limit potential losses.
Exit Strategy: Quick exits are essential in scalping. If momentum slows or reverses, exit immediately to secure gains.
3. Swing Trading:
Entry: Enter a long position around the current level, confirming the wedge breakout.
Target: Target a swing move towards $0.01400 to $0.01500, where the next major resistance is expected.
Stop Loss: Place a stop loss below the recent low, around $0.01000, to account for potential volatility.
Exit Strategy: Hold the position as long as the price continues to trend upwards. If there is a significant rejection at the target levels, consider taking profits.
Conclusion and Advice for Long Position:
Bullish Bias: The chart indicates a bullish bias with a strong potential for upward movement, especially after the breakout from the falling wedge pattern. The RSI and Stochastic RSI also support this outlook.
Advice: For a long position, consider entering now with a target towards $0.01400 or higher. However, it's crucial to maintain a disciplined approach with proper stop-loss settings to protect against potential downside risks.
Risk Management: Ensure proper risk management by not over-leveraging and sticking to the stop-loss levels. The market can be volatile, so staying cautious while capitalizing on the potential uptrend is key.
Is #ONE About to Break Out or Break Down? Key Levels to WatchYello, Paradisers! 🧐 Are you keeping a close eye on #ONE? If not, you might want to start now because #Harmony is reaching a crucial level:
💎 LSE:ONE is trading within a descending channel, but it’s approaching a key demand zone that could trigger a significant move. We are expecting a bullish breakout from the descending channel.
💎#Harmony (#ONE) is currently adhering to a descending resistance pattern. However, the price is inching closer to a critical demand level at $0.010, which could be the game-changer. If the price taps into this level and gains momentum, we might witness a bullish breakout.
💎A break above the descending resistance could push #ONEUSDT toward the major supply area at $0.018. This zone is crucial—if we see a successful breach, expect a strong bullish move targeting the next resistance zone.
💎But let’s not forget the downside risks. If #ONEUSDT fails to sustain momentum and gets rejected at the supply area, the price could pull back. A bullish rebound might occur from the lower strong support at $0.0085.
💎However, if LSE:ONE drops below this level, it could signal a prolonged bearish trend, keeping the price locked within the descending channel.
Stay focused, sharp, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
Harmony (ONE/USDT) on the 1-hour timeframeTechnical Analysis by Blaž Fabjan
Price Action:
The price is currently trading around 0.00928 USDT, showing a slight decline.
The chart indicates a possible downtrend that has been ongoing, but there is a blue arrow suggesting a potential bullish reversal.
Support and Resistance Levels:
Several resistance levels are marked in orange bands, indicating potential selling zones as the price moves up.
The nearest support level is around the current price, with historical data suggesting that price action has interacted with this level multiple times.
Volume:
The volume is relatively steady, with a recent uptick suggesting some buying interest at lower levels.
Indicators:
WMG Cipher & Divergences: Shows a mix of signals, but the green dots at the bottom indicate potential bullish divergence, suggesting a possible upward movement.
RSI (Relative Strength Index): The RSI is at 26.78, which is in the oversold territory, suggesting a potential bounce or reversal.
Stochastic RSI: The Stochastic RSI is also in the oversold area, with a value of 31.87, suggesting the market may be due for a bullish correction.
Overall Sentiment:
The chart suggests a possible end to the bearish momentum with signs of potential bullish reversal. The combination of oversold RSI and Stochastic RSI, along with bullish divergence signals, supports this view.
Trading Plan:
Intraday Trading:
Strategy: Look for a potential bounce from current levels. If the price action shows a bullish reversal pattern (like a hammer or bullish engulfing), consider entering a long position.
Entry Point: Around 0.00928 USDT or slightly above after confirmation of reversal.
Stop Loss: Set a stop loss just below the recent low or below 0.00900 USDT to protect against further downside.
Take Profit: Consider taking profit near the first resistance level around 0.01000 USDT.
Scalping:
Strategy: Capitalize on small price movements within the range.
Entry Point: Enter long positions on pullbacks or near support levels.
Stop Loss: Use tight stop losses, such as 0.00915 USDT.
Take Profit: Aim for quick exits at minor resistance levels, such as 0.00950 USDT or 0.00970 USDT.
Scalping Tips: Monitor the market closely and exit positions quickly when resistance levels are reached or momentum slows.
Swing Trading:
Strategy: Take advantage of the potential medium-term reversal.
Entry Point: Enter a long position if the price confirms a break above the downward trendline and sustains above 0.00950 USDT.
Stop Loss: Set a wider stop loss below the major support level, such as 0.00900 USDT, to allow for price fluctuations.
Take Profit: Target higher resistance levels, such as 0.01100 USDT or 0.01250 USDT, based on the resistance bands.
Conclusion and Advice:
For Long Positions: The indicators suggest a potential bullish reversal, but confirmation is crucial. Wait for clear signs of a reversal before entering a long position. The overall sentiment leans towards a recovery, but risk management is essential.
Risk Management: Use stop losses to protect capital, and consider scaling into positions gradually rather than committing full capital at once.
Advice: Keep an eye on volume and market sentiment for additional confirmation. Be prepared for potential volatility, especially near resistance levels, and adjust your strategy accordingly.
Technical Analysis of Harmony (ONE/USDT)Technical Analysis of Harmony (ONE/USDT)
The chart shows the 4-hour timeframe for Harmony (ONE/USDT) with various technical patterns and indicators highlighted:
Head and Shoulders Pattern:
A clear Inverse Head and Shoulders pattern is identified, with the left shoulder, head, and right shoulder marked.
This pattern generally indicates a potential reversal from a downtrend to an uptrend.
Triangle Pattern:
A descending triangle is noted before the formation of the right shoulder, indicating consolidation before a potential breakout.
Resistance and Support Levels:
Multiple resistance zones are highlighted in orange.
Key support levels are noted, particularly around 0.012 USDT.
Volume:
Volume patterns should be watched closely, especially during breakout attempts.
Indicators:
VMC Cipher B: Shows divergences and potential momentum shifts.
RSI (Relative Strength Index): Currently around 50.97, suggesting neither overbought nor oversold conditions.
Stochastic Oscillator: Showing values of 57.69 and 64.49, indicating moderate momentum.
Trading Plan
Intraday Trading
Entry: Look for a break above the neckline of the Inverse Head and Shoulders pattern around 0.0148 USDT.
Target: First target is the immediate resistance level around 0.0160 USDT, followed by the next resistance at 0.0180 USDT.
Stop-Loss: Place a stop-loss just below the right shoulder, around 0.0130 USDT.
Indicators to Watch: Monitor the RSI and Stochastic for overbought conditions, and the volume for confirmation of the breakout.
Scalping
Entry: Enter on short-term momentum shifts indicated by the Stochastic oscillator crossing above 60.
Target: Small targets around 0.001 - 0.002 USDT above the entry point.
Stop-Loss: Tight stop-loss around 0.0005 USDT below the entry to manage risk.
Indicators to Watch: Stochastic oscillator and VMC Cipher B for quick momentum changes.
Swing Trading
Entry: After confirmation of the breakout above the neckline of the Inverse Head and Shoulders pattern and retesting of support.
Target: First target at 0.0220 USDT as per the extended arrow, with a long-term target at 0.0240 USDT.
Stop-Loss: Below the right shoulder, around 0.0130 USDT.
Indicators to Watch: Look for sustained RSI above 50 and increasing volume to confirm the trend.
Advice for Long Position
The chart suggests a potential bullish reversal indicated by the Inverse Head and Shoulders pattern.
A breakout above the neckline around 0.0148 USDT would be a strong confirmation for a long position.
Monitor key resistance levels at 0.0160, 0.0180, and 0.0220 USDT.
Ensure risk management with appropriate stop-loss levels and keep an eye on volume and momentum indicators for confirmation.
Given the current market conditions, entering a long position upon the breakout with close monitoring of resistance levels can be considered a viable strategy.
ONE long term analysisIt looks like the long-term correction of ONE will continue.
Waves can be seen on the chart, which show that the correction of ONE is continuing.
It looks like we have a big ABC on the chart, wave B is a triangle, now there is only one wave left of the triangle (wave e).
We will look for sell/short positions in the red box.
Our mid-term and long-term view on ONE is as follows.
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 / ONEUSDTWe have two scenarios for the price, the first is that we are in an upward correction wave and then the price falls again. Second, the price is in a fourth corrective wave and still has more to fall, then the price rises again.
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ONE - DO NOT MISS OUT
One is another Alt coin I have my eyes on for ALT SEASON it also have x10 potential but most importantly I can tell that it is about to take out the buy side liquidity which is over 60% from the current price.
Technically, this a some part of a larger degree wave 2 where the wave A-cyan has been completed and we are it the process of wave B-cyan which I expect to take BINANCE:ONEUSDT price to $0.04 at least although before then I expect price to react to the resistance level as depicted on the chart.
OTHER ANALYSIS
Technical Analysis of Harmony ONE/USDTTechnical Analysis of Harmony ONE/USDT
Chart Patterns:
Falling Wedge: There is a prominent falling wedge pattern indicating a potential reversal. The price is nearing the apex of the wedge, suggesting an impending breakout.
Rectangle and Triangle: Within the larger pattern, there are smaller formations like a rectangle and a triangle that hint at periods of consolidation and breakout opportunities.
Support and Resistance Levels:
Immediate Support: Around 0.00863 USDT, as marked on the chart.
Immediate Resistance: Approximately at 0.01000 USDT.
Target Zones: Multiple target zones are marked, indicating potential price levels to watch for after a breakout. These zones range from 0.015 to 0.035 USDT.
Indicators:
VWMC Cipher B Divergences: Suggests potential bullish divergence, indicating a possible upward movement.
RSI (Relative Strength Index): Currently around 22.23, which is in the oversold territory, suggesting a potential upward correction.
Stochastic RSI: Also in the oversold territory, reinforcing the RSI signal.
Trading Plans
Intraday Trading
Entry Point: Look for a breakout above the immediate resistance at 0.01000 USDT. Confirm this with increasing volume.
Stop Loss: Place a stop loss just below the support level at 0.00863 USDT.
Target: Initial target at 0.015 USDT. Adjust stops to break even once the price reaches halfway to the target to secure profits.
Scalping
Entry Point: Enter trades at small retracements within the larger patterns. For example, when the price dips towards the lower boundary of the triangle or rectangle.
Stop Loss: Tight stop loss around 1-2% below the entry point to minimize losses.
Target: Small gains around 2-3% per trade. Exit positions quickly to lock in profits, considering the high volatility of scalping.
Swing Trading
Entry Point: Enter long positions at the lower boundary of the falling wedge pattern or on confirmation of a breakout above the wedge.
Stop Loss: Place a stop loss below the recent swing low, which is around 0.00863 USDT.
Target: Longer-term targets based on the marked target zones, aiming for 0.020 USDT and 0.025 USDT. Trail stops to protect profits as the price moves in favor.
Conclusion and Advice for Long Position
Given the current technical setup, Harmony ONE/USDT appears to be at a critical juncture. The falling wedge pattern combined with oversold indicators (RSI and Stochastic RSI) suggests a high probability of a bullish breakout.
Advice:
Patience is Key: Wait for confirmation of a breakout above 0.01000 USDT with strong volume before entering a long position.
Risk Management: Always use stop losses to protect against unexpected market moves.
Monitor Indicators: Keep an eye on RSI and Stochastic RSI for potential overbought signals as the price moves higher, indicating potential exit points.
Long-Term Position:
Consider building a long-term position if the price breaks and holds above 0.01000 USDT with significant volume, targeting higher resistance levels as marked on the chart.
This analysis provides a comprehensive approach to trading Harmony ONE/USDT across different strategies. Always adapt your trading plan based on real-time market conditions and updates.
Technical Analysis of Harmony (ONE/USDT) on Binance Technical Analysis of Harmony (ONE/USDT) by Blaž Fabjan
Chart Overview
Harmony (ONE/USDT) on a 4-hour timeframe. The following key technical elements are observed:
Descending Triangle Pattern:
A descending triangle pattern is visible, characterized by a series of lower highs and a horizontal support line around the 0.01380 USDT level. This pattern is often seen as a bearish continuation pattern, but it can also lead to a bullish breakout.
Volume:
The volume is displayed at the bottom, showing a recent spike which may indicate increasing interest and potential for a breakout.
Indicators:
WMG Cipher B Divergences: Shows multiple divergences indicating potential bullish reversals.
RSL (Relative Strength Line): Currently at 36.07, suggesting the market is nearing oversold conditions.
Stochastic Oscillator: At 5.88, indicating the market is in an oversold condition, which could suggest a potential upward movement.
Trading Plan
1. Intraday Trading
Entry: Look for a breakout above the descending triangle's resistance line at approximately 0.01420 USDT with a confirmation candle on the 15-minute chart.
Stop Loss: Place a stop loss just below the recent swing low at 0.01370 USDT.
Take Profit: Initial target at the previous resistance level around 0.01500 USDT. Adjust stop loss to breakeven if price reaches 0.01460 USDT.
2. Scalping
Entry: Enter trades at support and resistance levels within the triangle, focusing on quick in-and-out trades.
Support Levels: 0.01380 USDT
Resistance Levels: 0.01420 USDT
Stop Loss: Tight stop loss of 0.001 USDT below the entry point.
Take Profit: Aim for small, consistent profits of 0.002 USDT per trade.
3. Swing Trading
Entry: Wait for a confirmed breakout above the descending triangle at 0.01420 USDT on the 4-hour chart.
Stop Loss: Place a stop loss below the breakout point at 0.01380 USDT.
Take Profit: Set initial target at 0.01600 USDT and a secondary target at 0.01800 USDT. Use a trailing stop loss to lock in profits as the price moves in favor.
Conclusion and Advice
Given the current chart patterns and indicators, a long position could be considered if a confirmed breakout above the descending triangle at 0.01420 USDT occurs. The oversold conditions indicated by both the RSL and the Stochastic Oscillator support the potential for a bullish reversal. However, traders should be cautious and watch for a confirmation of the breakout to avoid false signals.
Advice for Long Position:
Patience is key: Wait for a confirmed breakout and avoid entering positions prematurely.
Risk Management: Ensure proper stop loss placement to mitigate risks.
Volume Confirmation: Watch for an increase in volume to confirm the breakout.
In summary, Harmony (ONE/USDT) shows potential for a bullish move, but confirmation and proper risk management are crucial for successful trading.