$ONE : waiting for the uptrend to continue after a pullback
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We are considering a buy from support. The scenario is based on an upswing on the four-hour chart and a return to lower zones that align with a retracement of about 62% of the previous rise.
On the weekly chart, we allow for the start of a larger upward move. On the 12-hour chart, a return to the area the price moved through too quickly on its way up, with almost no pauses, is of interest. Now it is important to see whether buyers appear there.
Areas of interest:
• 0,00155–0,00163 USDT — nearest support;
• 0,00138–0,00147 — deeper pullback.
For a buy, we are waiting for a reaction: the decline stops, the price moves back above support and starts making new local highs. A single touch of the zone is not enough.
The nearest target is around 0,00247. The longer-term reference point for the scenario on the weekly chart is 0,0097. Reaching it would require a strong continuation of the trend.
A move below and consolidation under the 0,00132–0,00133 area would require reassessing the bullish scenario.
#ONE #BTC #HYPE
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We are considering a buy from support. The scenario is based on an upswing on the four-hour chart and a return to lower zones that align with a retracement of about 62% of the previous rise.
On the weekly chart, we allow for the start of a larger upward move. On the 12-hour chart, a return to the area the price moved through too quickly on its way up, with almost no pauses, is of interest. Now it is important to see whether buyers appear there.
Areas of interest:
• 0,00155–0,00163 USDT — nearest support;
• 0,00138–0,00147 — deeper pullback.
For a buy, we are waiting for a reaction: the decline stops, the price moves back above support and starts making new local highs. A single touch of the zone is not enough.
The nearest target is around 0,00247. The longer-term reference point for the scenario on the weekly chart is 0,0097. Reaching it would require a strong continuation of the trend.
A move below and consolidation under the 0,00132–0,00133 area would require reassessing the bullish scenario.
#ONE #BTC #HYPE