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kickflip360
Mar 30, 2018 11:05 PM

Super Bullish for ONT! Long

Ontology / BitcoinBinance

Description

Been watching this one over the past couple of days, and it looks like we are setting up nicely. 20 hour MA trending above the 50, RSI is trending up, we've made higher lows and looks as though we're forming an Ascending Triangle. This is one of my favorite setups, as we can set buy orders for when we break out of the top of this pattern. This would have worked well when we previously broke out of the Ascending Triangle on the 27th. Fundamentally this coin is solid, look into it if you're not familiar yet.

Targets are: 0.00048, and scale out some profits on the way up. Bitcoin is in a bear market so no time to be greedy.

Order cancelled

clear breakdown from the pattern.
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