At Coin Inquire, we offer free Trade Signals & Analysis of Harmony (ONE)) and other cryptocurrencies. Today July 31st, 2019 we are beginning a new series of free Signals & Analysis for top cryptocurrencies including Harmony (ONE).
Looking at the Harmony chart we noticed that it started to hit higher lows after it hit a new all-time low on Binance.
We see it moving closer and challenging EMA10 right now, a break above it and it can jump… Let’s try it out before the break!
Harmony ( ONEBTC ) Trade Signal
ENTRY: 0.00000105 – 0.00000115 (112)
NEXT SUPPORT: 0.00000099
Additional targets on the chart.
PROFITS POTENTIAL (PProfits): 105% – 255%
STOP: Close weekly below 0.00000090.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.