ONE is currently trading near the top resistance of the wedge. This wedge has been in the making for a couple of days now. With BTC appearing more bullish by the hour, there's some big potential for ONE to break out on the top side of the wedge. Wait for a confirmed break out before entering a trade.
On the other hand, in case BTC will go more bearish in the coming 48 hours, ONE could reverse yet again from the top resistance. Wait for confirmation before going short, I'm looking at the 0.06 area for instance.
Keep an eye on BTC when trading alts. Happy trading!
On the other hand, in case BTC will go more bearish in the coming 48 hours, ONE could reverse yet again from the top resistance. Wait for confirmation before going short, I'm looking at the 0.06 area for instance.
Keep an eye on BTC when trading alts. Happy trading!
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