Harmony / TetherUS
Short

🔥 ONE Keeps Falling: No End In Sight

870
Around two months ago I made an analysis on ONE. In said analysis I wrote that ONE had much more pain ahead and was likely to make a move towards the $0.017 area.

Congratulations if you took the trade.

🔥 ONE Big Rebound: More Pain Ahead


In my previous analysis I argued that $0.017 could potentially function as a bear-market low. Didn't expect we'd fall this fast, so I'm expecting ONE to fall even more. Realistically, we still have 1 - 1.5 years of bear market ahead, so more potential for downside.

0.01275 is our first target, short-term. $0.0075 is my long-term bear target. This area could potentially cause a big bounce, but we'll see by then.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.