ONE - New ATH
1D/4H Charts
ONE made a new high after flipping the major daily supply into demand after having broke out of downtrend resistance. Its respecting the major trend having pulled into the golden fib level (0.5 - 0.618) and into a couple of strong daily demand zones, changing market structure, creating a break of supply and a new higher high and higher low.
Looking at the 4H chart, the resistance level had a nice break with lots of accompanying volume and a retest after the flip with lesser volume on the correction wave. Using fib projection we can expect to see the price head towards the 1.272 - 1.618 fib levels respectively.
ONE made a new high after flipping the major daily supply into demand after having broke out of downtrend resistance. Its respecting the major trend having pulled into the golden fib level (0.5 - 0.618) and into a couple of strong daily demand zones, changing market structure, creating a break of supply and a new higher high and higher low.
Looking at the 4H chart, the resistance level had a nice break with lots of accompanying volume and a retest after the flip with lesser volume on the correction wave. Using fib projection we can expect to see the price head towards the 1.272 - 1.618 fib levels respectively.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.