Photo by Kanchanara on Unsplash
Cryptocurrency Harmony with ticker ONEUSD made an impulsive five-wave rally at the beginning of 2023, which is barely first leg A/1 of a minimum three-wave recovery. Well, after a recent a-b-c corrective decline in B/2 with perfect support at the former wave »iv« area, we can now see it trying to continue higher into a wave C or 3. It bounced strongly from projected support and with a current overlap of 0.023 bullish confirmation level, seems like wave C/3 is now in progress with room up to 0.40 area or higher that can be reached within a new five-wave bullish cycle of the lower degree.
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