Harmony (ONE) Update 3/2/22: Since reaching its ATH price in October 2021 @ $0.39, Harmony has been consolidating in a range between the 38.20% & 78.60% fibs ($0.17 and $0.31). Harmony's current structure is forming a similar pattern to Bitcoin (BTC) and great relative strength in performance compared to other blockchain project during this downtrend. From the...
I am seeing evidence build up on this one...
1. ONE is now trading strongly above 10 10 EMA+MA and to boot MA (green) is on top of EMA (pink) EMA is more sensitive to price movement, so when the simple is on top it is a bullish signal. The signal is even stronger since we are looking at 4hr not 1hr candles.
2. MACD is above zero and above signal which is below...
$ONE was one of the few ALT coins that significantly gained traction after $BTC and crypto made its potential bottom. I'm looking for a potential test of ATH and perhaps a nATH due to the increase in volume the past day. Note in mind that this will not go straight up, so be patient with the dips.
Harmony is approaching the end of its second Accumulation Phase of this Cycle. The pattern is based on the previous Cycle that spanned for the whole year of 2020. Once the 2nd Accumulation phase of Cycle 1 ended, a Parabolic Rally started that took ONEUSD to Cycle 2.
As you see the two are similar with clear legs (1-2-3-4) indicating an identical price action....
Harmony (ONE) breakout confirmed...
...new ATH near.
...price resistance now support
...MA Ribbon still supports
Next resistance to deal with on on RSI.
What do you think? 😎
Do you HODL this coin?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence...
Harmony (ONE) breakout near? MA Ribbon now supports...
...and still room to grow on RSI .
An increase of momentum on OBV would be nice as well to confirm strength.
What do you think? 😎
Do you HODL this coin?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Harmony is looking great again, awaiting further confirmation from the A.I script but a strong Buy signal for the next leg up looks very possible as the 13EMA is about to cross above the 50SMA, the last time this happened Harmony grew over 450% in 3 months. From here we can expect similar growth...the script does not lie 💎🔥🚀. from the current price Harmony (ONE)...
