- Ontology Gas is absolutely ready for a massive breakout to the upside! - On the weekly chart we can see Head and shoulders reversal pattern + Ascending triangle. - Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓ - The price is currently breaking out to new local highs. - Bullish volume is very high, as you can see on the indicator. - RSI is forming an ascending triangle. - Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
Dear Tolberti thank you for your analysis. Indeed, i agree with you, i have in parallel 2 others proof above yours:
- if you look at the Ichimokou in weekly: we jsut started to close above the cloud.
-if you look at the monthly chart, the return to the upside is there, in monthly the last months(2-3 months), it closed above the SMA21.
I am not saying we'll see back the 4$ but at least 1$ on the long term.
For ONT(Ontology), same situation.
For me Monthly & Weekly have dominance on the 4h & daily., this the best confirmation.(personal idea not financial advice !)
Tolberti
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@Lis06, Hello, thank you for your analysis. Ichimoku is turning bullish yeah + ONT. Looks good!