TradingOn

$ONG/BTC 3D (Binance Spot) Descending channel on midline support

Long
TradingOn Updated   
BINANCE:ONGBTC   Ontology Gas / Bitcoin
Ontology Gas is uptrending, let's try to join entering on a pull-back down to 100EMA.
This is the only way to have a good R/R ratio for a swing trade, but I am already buying some manually!

Current Price= 0.00001472
Buy Entry= 0.00001428 - 0.00001302
Take Profit= 0.00002099 | 0.00003242 | 0.00004119
Stop Loss= 0.00000998

Risk/Reward= 1:2 | 1:5.11 | 1:7.5
Expected Profit= +53.77% | +137.51% | +201.76%
Possible Loss= -26.89%

Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 6 months
Trade active:
▶️$ONG/BTC 3D: Trade active, all entries filled

#OntologyGas dipped more than expected and lost 100EMA support.
But it is still likely to bounce on ascending channel so let's be patient enough!

Comment:
🔼$ONG/BTC 1D: Went up to +24.57% (1x)

#OntologyGas pumped but was not strong enough and ended pulling back to entry.
Ascending channel is still intact so I guess it can make it in the weeks to come!

Trade closed: target reached:
TP1 reached with +53.77% (1x) and +2R

OntologyGas is still strong, higher targets may seem unreal but everything is possible during that alt season...

Trade closed: target reached:
TP3 reached with +201.76% (1x) and +7.5R

OntologyGas broke-out of the parallel channel at last, bringing up to 486% profit from average entry, not bad! 😅


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