ONE had an amazing run in Q1 2021. Now we see the expected pullback which honestly is a bit longer than expected. The last big pullback was together with the whole market and this is something that can happen at any time. We assumed 0.1$ was the new floor but we are currently below the support line. ONE needs to get back on top for a solid recovery. Currently we are still in the middle of a short term downtrend.
Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers
ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.