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fnneves
Apr 12, 2018 8:12 PM

ONT possible break out Long

Ontology / BitcoinBinance

Description

Possible opportunity in ONT. We are bouncing around the 50% fib retracement. If we hold and the bulls start buying, we may see another break out. I'm watching if the candles keep closing green and if RSI keeps low.

#ONTBTC
Comments
tired_man_willis
Yup, I've got an Elliot Wave on mine. Should get a third leg up over the next few days if BTC holds steady.
TheCryptoLorax
@The_Altcoin_Trade, The trend wave 3 should be longer than trend wave 1. In this case it isn't making it invalid. And that would explain why the wave just broke.

TheCryptoLorax
@The_Altcoin_Trade, I recommend using the 4h next time.
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