#Harmony One, Inverse H n S pattern formation in #ONE .37 Soon.Harmony One Inverse head and shoulder pattern formation.
After some consolidation blast past the .37 levels and make new All Time Highs.
ONE
Ascending H&S - ONEUSDI have been given a bit of clapback for the identification of this so I thought I would make a post.
Regardless of the RS being higher than the Head in the pattern, it can still be viewed as a H&S pattern, due to the predictability of the RS's downward move that will occur following its formation
Comment thoughts below
ONEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price is inside a channel, after breaking the resistance line and is currently fluctuating close to the channel support line.
If it stays above the support line, it can start moving towards the resistance line, but if it drops below the support line and stabilizes, it can move towards the second support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
ONE - Harmony In the ascending channel , near the ATH ,
now after pullback it can go to the top of the channel and Fibo resistance line "1.6 " .
Now it has good volume ( you can check in coin 360) .
kepp in watch the USDT dominance and BTC chart .
The Fibo 1 , is a good support line , and MA 100 is too .
ONEUSDT - is gonna break out this resistance?BYBIT:ONEUSDT
4H trend chart
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ONE had broken out this descending wedge but failed before.
It left a long upper shadow line which high is 0.29829(green horizontal ray)
Now, it broke through this wedge, and is going to take 0.29829 out.
If price can stand firm at 0.29829 w/o wicks top, trading strategy as below.
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Profit Targets:
a) 0.32501----blue horizontal ray
b) 0.38----Fib(1)
c) 0.44525~0.47163----Fib(1.272~1.382)
Stop losses:
a)0.27423-----Red horizontal ray
b)0.22731-----Red horizontal ray
Depend on the risk you can take.
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Have a nice trading!
ONEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is fluctuating below its resistance line, and we can see a positive hidden divergence.
If the resistance line is broken and the price has stabilized above it, we can experience a good rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck