BINANCE:ONTBTC   Ontology / Bitcoin
Hi everyone,

Update on ONT . We've entered the trade at the green box posted up last week. Its still a tad early in my opinion. Better confirmation would be seeing this daily candle close as a bullish spinning top or hammer for a reversal, which looks like it may be doing right now. I would also like to see some upticking on the MACD histogram followed by a nice golden cross. Take what you can get!

Comments

im loving your chart work and analysis -- i hold ONT --- im kinda worried we can continue this drop -- we are in areas of little to no support now that we are this low ? i find this in many of the alts currently with no longterm history on the charts to go by ? Honestly when it comes to ONT -- i never thought it would drop to this point -- so currently im going to just trade away and accumulate namaste
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infbp22 invisiblefriend
@invisiblefriend, Use a a stop loss. ONT has plenty of room to drop. No alt coin is safe when BTC is in the middle of a correction.
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@infbp22, good looking and gr8 advice ---


and WOW have i learned my lesson on stop losses -- (never take them off ) i got stuck a while ago during this drop -- and i removed my stop losses and did not return them after my day of trading --- and was left with too many bags of coins as bitcoin continued to drop and the alts followed suit -- ! (also lesson learned of trading too many assets at a time !!!!! )

thx again

ill be following u my friend

namaste
Reply
lol105 invisiblefriend
I bought on 91 here I think to merge into negative
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