ONE has been moving in an descending channel for a couple of weeks now. However just recently it made a breakout of the main descending channel and is now moving in an ascending channel.
What would be interesting to see if it manages to break Resistance at R1. If it does, then officially ONE would be on an upward movement.
In addition, EMA 20 & 50, which was until now was working as Resistance has now come down for a Support.
Probably in next couple of days we might have better clue on where ONE is heading.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
What would be interesting to see if it manages to break Resistance at R1. If it does, then officially ONE would be on an upward movement.
In addition, EMA 20 & 50, which was until now was working as Resistance has now come down for a Support.
Probably in next couple of days we might have better clue on where ONE is heading.
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely