ONEUSDT ONEUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.01970 followed by 0.0214.
What you guys think of this idea?
ONEUSDT trade ideas
✴️ Harmony Bottom/Consolidation Leads To Bullish WaveLast year Harmony (ONEUSDT) produced a bullish wave after a major low mixed in with a consolidation pattern.
This year we have the same situation, a consolidation pattern with a lower low that can lead to a strong bullish wave.
Last time this pair grew by more than 200%, the market was weak with plenty of bad news around, this round we can have something similar or an even bigger bullish wave. While market conditions are not great, they are much better compared to early 2023.
I hope you find this information useful.
Namaste.
OneUSDT , Possible scenario in next weeksI believe the current bull run has concluded, and we are likely to test lower support levels. Consequently, we will adopt a primarily short stance in our positions. Please refer to the 4-hour chart for detailed support levels and avoid maintaining positions for an extended period.
It's important to remember that we are currently in the Christmas holiday season, which typically results in reduced market volume. This environment often allows market makers to influence market movements more significantly, even with low volume.
I hope everyone enjoys a wonderful Christmas. We will reconvene and update our strategies in the New Year.
ONE → Major Rip and now Major Dip? This Analysis Clears it up.ONE (Harmony) had a fantastic move to the upside and per my last analysis, we capitalized on it. We have now come into contact with the downward-sloping resistance on the Weekly timeframe. Is it time to short?
How do we trade this? 🤔
Short answer, almost. The downward-sloping resistance is a major data point in this analysis, coupled with the two failed attempts to break it, the strong bull capitulation candle and the RSI falling below the Moving Average, we have a case for a short entry.
Wait for the price to come down to the 30EMA, it's likely to find support and come back up a bit. Then wait for a good sell signal between $0.018 and $0.019, that's your queue to enter. The other major factor is Bitcoin's next move which has a good probability of falling below $40,000.
💡 Trade Ideas 💡
Short Entry: $0.019
🟥 Stop Loss: $0.024
✅ Take Profit: $0.014
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Double Top Reversal at Downward Resistance. Bias to Short.
2. Look for Bounce at 30EMA followed by another Rejection.
3. Bull Capitulation to Downward Resistance, Sell Signal.
4. RSI at 60.00 and Below Moving Average, Supports Downward Movement.
5. Bitcoin may be Reversing, Could pull Down ONE Price.
💰 Trading Tip 💰
Resistance on higher timeframes carries more significance with respect to probability on lower timeframes. Combined with sell signals and three pushes up on a lower timeframe, there's enough probability to justify looking for a reversal trade.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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oneusdt longT=0.035
T2=0.053
(If Breakout )
Breakout in Technical Analysis refers to when the price of an asset moves above a resistance area or moves below a support area. Breakout Patterns are commonly associated with ranges or other chart patterns. This includes triangles, wedges, head and shoulders, flags etc. Breakout patterns may initiate long positions or exit short positions if the price breaks above the resistance. Breakout patterns may initiate short positions or exit long positions if the price breaks below support. Learning about Breakout Patterns and identifying potential breakout stocks gives traders one more tool that they can use to generate profits.
Price action within the share market is affected by supply and demand when a breakout signal occurs this usually means here the buyer has succeeded in pushing the stock’s price above the resistance level. If there is a downside or negative breakout pattern, sellers have pushed the price below support.
$HAMORNY IDeaLSE:ONE
Harmony break through a new zone signaling a strong bullish trend. Today Dec. 26 2023, an OTZ (Optimal Trading Zone) was formed. To confirmed the formation of a potential double bottom pattern, it is crucial for the price to either touch or enter the "OTZ" level without closing below it.
Mock Up Price Action for ONE | Mid Term (12HR)Mock Up Price Action for BINANCE:ONEUSDT | Mid Term (12HR)
- Watching and waiting for opportunity to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
ONE target 0.051D time frame
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ONE is breaking out the long-term downtrend with an obvious bottom zone around 0.009. What it need is more volume to push price higher, that would be a perfect breakout. Also, we use Fibonacci Extension and structural resistance to set targets as below.
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TP: 0.038~0.04 / 0.05
SL: 0.01612
CRYPTO : ONEUSDTHM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement
- Support at zone @ 0.01788 - 0.01824
It is good to consider buying some at current level, with a good reward to risk ratio. it is likely to trending with higher momentum.
#ONEUSDT #LQR #TOBTC #LaqiraProtocolIn the weekly time we are involved in dynamic resistance. In the event of close candle weekly and higher stabilization of targets can be expected in the lower time in the specific range we are looking for reasons to enter this analysis is a personal viewpoint and offer is not buy or sell
ONE - 40% Breakout to $0.22? The Market Indicates Another Push!One (Harmony) is threatening the resistance line with another higher high. This could mean a breakout above the $0.18 price area which opens the door to the $0.22 resistance area. Should we enter a long now?
How do we trade this? 🤔
It's reasonable to enter a long now with a 1:1 Risk/Reward Ratio, selling half of your position at $0.175 just before the previous high. Once the 1:1 target is hit, move your stop loss up to your entry point to secure profits and eliminate the risk of loss. Sell the second half of your position at 1:3 Risk/Reward around $0.22 or whenever the first sell signal pattern appears. Our protective stop is below the 200EMA at $0.135 which has demonstrated support for the last two higher lows.
💡 Trade Idea 💡
Long Entry: $15.66
🟥 Stop Loss: $13.50
✅ Take Profit #1: $17.50
✅ Take Profit #2: $22.22
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. 200EMA Support on Daily, Bias to Long.
2. Higher Highs and Higher Lows.
3. Multiple Buy Signals at 200EMA with follow-through.
4. RSI at 60.00 and Above Moving Average, Supports Long Bias.
5. Bitcoin nearing important $46,000 Resistance, Long on Lower Timeframes.
💰 Trading Tip 💰
It's reasonable to take half profits at 1:1 Risk/Reward on a swing trade and move the stop loss up to entry. This secures profits, and allows the latter half of your position to be executed without the worry of loss, improving trading psychology.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!