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🙌 You can support us with your likes. 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.
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