ONE/USDT : Buy setup | RR 9.5 | Breakout from descending channel
ONEUSDTHello everyone 😃
ONE had a breakout from it's descending channel and now MA200 is trying to reject the price.
There is a possible retest on Channel's higher or support zone;
It could be good to take a bag of it at retest point..
📌 BTC is moving below resistance line and bearish trendline now !
So, Be very careful with altcoin trading in the next couple of days. Altcoins are highly affected by Bitcoin, even 3% downward move causes 10% dump on some alts.
Moreover,
BTC just pumped without any correction from $47k to $55k (+17% pump), so If you have any position in profit, make sure you moved stop loss at break even.Unless BTC.D breaks the 50% support level in Daily TF !
🔴 MACD is being bearish;10% correction in short-term is expected !
Hope you enjoyed our analysis about ONE's buy setup🙌
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Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Nota
New BTC's analyzes is out !
Next month will be great for Alts..
Don't miss it !
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.