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ONEUSDT

Get ready to ride the bullish wave with ONE! 🌊💎 Paradisers, #ONE is demonstrating a bullish market structure and has recently bounced off the supportive trendline. 💎For confirmation, #ONEUSDT needs to exhibit a Change of Character (CHoCH) and a Break of Structure (BOS) within the bullish market structure on lower timeframes. 💎If the price declines, we should wait until it reaches the demand zone, from where we can anticipate a bounce. For this scenario, we also require CHoCH and BOS confirmation on lower timeframes. 💎However, if there's no confirmation at these levels and the price falls below the higher low, it would be considered bearish. In that case, I would prefer to stay out of the market and wait for better price action to emerge with higher probabilities.
by MyCryptoParadise_Nathan
🚀 ONE Breaks Out of W Pattern, Signaling Bullish Reversal! 💎 ONE has successfully broken out of the W pattern, signaling a potential bullish reversal. To confirm the breakout, we would ideally want to see a bullish engulfing candlestick near the previously broken resistance level, which may now act as support. 💎In the event that ONEUSDT retraces below the resistance-turned-support level, we can anticipate a bounce from the nearby small support level. Again, confirmation via a bullish engulfing candlestick pattern would be ideal. 💎However, if the price breaks down below this small support area, it could indicate a bearish move. In such a scenario, it would be advisable to exercise caution and wait for clearer price action before making any trading decisions.
Long
by MyCryptoParadise_Nathan
💡Don't miss the great buy opportunity in ONEUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.2909). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ONEUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 59. Take Profits: TP1= @ 0.3180 TP2= @ 0.3459 TP3= @ 0.3793 TP4= @ 0.4000 TP5= @ 0.4399 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
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