Hey guys, I've been checking ONE lately and this coin is offering a great opportunity right now, it was in a strong support and is about to break a massive resistance at $0.19, with this renewed bullish movement on BTC giving forces, allowing the price to reach the target value fast in my opinion! Since my last analysis ONE developed an even further bullish momentum and is on the break to win the resistance of $0.19, the coin build quite strong support at the last point of 61.8% ($0.12) of the Retracement and used the point of 50% ($0.14) as a support and now is using the 31.2% as a new support, after this point there is no more resistances! ONE is using the point of $0.16 as a support to break the resistance of $0.19 The movement forming is quite bullish, the MACD is opening meaning that the players are looking to buy more, the Volume indicates that the sellers are putting pressure, but are unable to drive the price down. Price is about to break the resistance of $0.19 with the target price of $0.295 Now the price is using the support at $0.16 to break the resistance of 0.19, it's a strong one that's why it is taking so long, but it will serves as a strong support after. The price target is around $0.295, however there is a strong resistance at the last top of $0.23, it will need a strong bullish moment to break that. The satisfaction zone is around $0.26, where some players will drop their position to pocket some gains. [link] [comments] |
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