Bitcoin and market seems bearish... but we have and strong new altcoin, ONTOLOGY. There will be a good buy opportunity on 0.0004-0.00035 ONT/BTC range. after that, a raise to +0.006 is expected. Also already, you can buy and sell on 0.000475 with a profit of 8%. Then, Fill on 0.004-0.0035 and sell on 0.006 with a profit of +50%.
Trade closed: target reached:
You are now 20% in profit if you buy with this idea. you can sell now and wait for the retrace to fill and rebuy.
Comment:
Bounced from support line, But still, there is no confirmation for reserval pattern.
Bounced from support line, But still, there is no confirmation for reserval pattern.
Comment:
:)
Bearish divergence. Supports are shown in Fig.
About 50% Profit gained in this trade.