Hello 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,
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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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.