FieryTrading

🔥 ONE Keeps Falling: No End In Sight

Short
BINANCE:ONEUSDT   Harmony / TetherUS
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.


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.

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