ONE trend follow longPrice hit daily support, flat line underextended, at lower bb band. Momentum in lower moves decreasing on mid term time frames. On 15 min, we are seeing price respecting an uptrend line, had a morning star at trend line, and then a high volume impulsive bullish candle move away from trend line and above moving averages.
Stop loss: Below trend line and higher low of previous move
Take Profit: At next structural resistance level of current downtrend
ONEUSDT trade ideas
HARMONY/ ONEUSDTHello, traders!
Harmony (ONE vs USDT) may have completed the wave (b) or (ii) in the form of an expanded flat.
Confirmations:
- rejection from the median of flat channel (h4 chart) - a surgical one,
- RSI divergence + the support line
- the impulsive wave count with the extended third wave (h1)
Next move up - whether a wave (iii) or (c)
Trade safe!
long for oneusdtthere is strong support we can see right now
of course, it is better to wait and see how the price reacts to this support zone since it can all the way go down until about 0.10800 at the blue line and then decide to change its downtrend
we expected about 15-20% pure profit which is nice🤑🤑
#ONEUSDT 12H Chart
Price previously got rejected from a major resistance area and left a 12h supply between $0.161 and $0.1672. MACD us showing bearish momentum, RSI is sold and EMAs are neutral. Price is currently sitting on a major 8h demand zone from where i expect it to move up from towards the 12h supply as a short term target. Waiting for confirmation.
ONEUSDTHello guys.
Hope you had good trades today.
As BTC was rejected today from an important level, I think the bears gain strength in the market and the market would lend to a correction for some days.
One was also rejected from this level if we look closer to 4h chart, the red candle with high volume covers the two green candle which I thought was a breakout. So the break out is failed for now. The RSI also confirms this.
Therefore I think there should be correction.
Happy trading and I hope you all benefit. :)
The setup is my personal setup but you may do as you think.