Long
Will Harmony repeat the last run?
During the first run Harmony reached a 5100% increase and then retraced to 0.61 Fibonacci within a symmetrical triangle.
This led to a breakout of the triangle in a positive way by proposing a new run that led us to an increase of 459%.
It currently appears to be heading towards a retracement in the 0.61 Fibonacci area within what appears to be a new symmetrical triangle.
If it continues inside the triangle we could expect new All Time Highs between May and July 2022.
Otherwise, if it were to break the pattern, we could find ourselves facing a bear market period.
This led to a breakout of the triangle in a positive way by proposing a new run that led us to an increase of 459%.
It currently appears to be heading towards a retracement in the 0.61 Fibonacci area within what appears to be a new symmetrical triangle.
If it continues inside the triangle we could expect new All Time Highs between May and July 2022.
Otherwise, if it were to break the pattern, we could find ourselves facing a bear market period.
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