Today I want to introduce and analyze Harmoney Project. First, I try to check the ๐Fundamental situations๐ and then ๐Technical analysis๐.
๐Fundamental Situations ๐ง:
What Is Harmony (ONE)โ๏ธโ
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the projectโs website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.
I check some ๐ดitems๐ด that are important for checking Projects in the Cryptocurrency market (In summary) (โ = Positive score):
๐ดONE token is used for: Transactions fees + Staking for validators + Delegating to validators + Governance = Result โ
๐ดProject Team: โ Great (Stephen Tse is the founder and CEO of Harmony. He has a Ph .D. from the University of Pennsylvania, specializing in cryptographic protocols and type theory. While finishing his degree, Dr . Tse became a research intern at Microsoft . In 2006 he started working as a senior engineer at Google , spending four years in the company. In 2011 he founded Spotsetter, a successful search engine which Apple later acquired. In 2014, Dr . Tse became the principal engineer for Apple . He founded Harmony in 2017. The Harmony founding team comprises twelve people, with seven of them being former employees at Google , Apple , Microsoft , and Amazon.)
๐ดGithub Status:โ
๐ดHolders Status: Harmony(ONE) does not have Whales โ
๐ดInflation control: โ
๐ดSocial media status: โ Active
๐ดInnovation: โ
๐ดThe main competitors: Ethereum 2, Polkadot , Cardano , Elrond
๐ดRun the Road map: โ
๐ดTokenomics Status: Seed Sale:22.4% //Protocol Development:26.4%//Public Sale:12.5%//Team:16.9%//Ecosystem Development:21.8% = Result โ
๐ดInvestors: Medium, even we can say weak ๐
๐Technical analysis:
Harmony Analyze ( ONEUSDT ) Timeframe 2Dโฐ
Location๐: Harmony was able to finish its Main wave 5 at 0.38$ (ATH), we can say that it has begun Main wave A. I tried to show you the end of Main wave A (Zone) in my chart.
The first important Resistance in front of Harmoney is SMA 50 at Daily Timeframe.
๐ขHeavy Support Zone๐ข: 0.013$ to 0.011$
๐ดHeavy Resistance Zone๐ด: 0.054$ to 0.043$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the โ 'like'โ button ๐๐ & Share it with your friends, Thanks, and Trade safe
๐Fundamental Situations ๐ง:
What Is Harmony (ONE)โ๏ธโ
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
According to the projectโs website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.
I check some ๐ดitems๐ด that are important for checking Projects in the Cryptocurrency market (In summary) (โ = Positive score):
๐ดONE token is used for: Transactions fees + Staking for validators + Delegating to validators + Governance = Result โ
๐ดProject Team: โ Great (Stephen Tse is the founder and CEO of Harmony. He has a Ph .D. from the University of Pennsylvania, specializing in cryptographic protocols and type theory. While finishing his degree, Dr . Tse became a research intern at Microsoft . In 2006 he started working as a senior engineer at Google , spending four years in the company. In 2011 he founded Spotsetter, a successful search engine which Apple later acquired. In 2014, Dr . Tse became the principal engineer for Apple . He founded Harmony in 2017. The Harmony founding team comprises twelve people, with seven of them being former employees at Google , Apple , Microsoft , and Amazon.)
๐ดGithub Status:โ
๐ดHolders Status: Harmony(ONE) does not have Whales โ
๐ดInflation control: โ
๐ดSocial media status: โ Active
๐ดInnovation: โ
๐ดThe main competitors: Ethereum 2, Polkadot , Cardano , Elrond
๐ดRun the Road map: โ
๐ดTokenomics Status: Seed Sale:22.4% //Protocol Development:26.4%//Public Sale:12.5%//Team:16.9%//Ecosystem Development:21.8% = Result โ
๐ดInvestors: Medium, even we can say weak ๐
๐Technical analysis:
Harmony Analyze ( ONEUSDT ) Timeframe 2Dโฐ
Location๐: Harmony was able to finish its Main wave 5 at 0.38$ (ATH), we can say that it has begun Main wave A. I tried to show you the end of Main wave A (Zone) in my chart.
The first important Resistance in front of Harmoney is SMA 50 at Daily Timeframe.
๐ขHeavy Support Zone๐ข: 0.013$ to 0.011$
๐ดHeavy Resistance Zone๐ด: 0.054$ to 0.043$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the โ 'like'โ button ๐๐ & Share it with your friends, Thanks, and Trade safe
๐Free & VIP Signals: t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me
๐if you want to learn Technical Analysis = Please Contact me
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