✳️ Harmony Bottom Catch? (Easy 130% Potential)

12 ก.ย. 2023

Harmony (ONEBTC) hit its lowest price since February 2021, more than two.5 years ago and is looking ready to move up for a change.

The bear market has been strong for this pair as it has been for many others... It can't be avoided, the market moves in waves.

But here we can see as this multi-year low is hit, the RSI has been moving higher and the MACD is near the bullish zone. Both indicators are flashing bullish potential while the market has been very weak, alerting us of a potential reversal.

As usual, we can't predict what will happen but we can trade.
Buy and hold is my own personal strategy, this is what I normally do when I find a chart like this.

1) Buy and hold.
2) If prices close weekly below 34, close the trade at a loss.
3) If prices break up, that's a winner, enjoy the entire bullish wave and sell in portions until the top.

This is not financial advice.
This is my personal experience.
Make sure to do your own research.

Namaste.