DefineRisk

ONT/BTC BTFD Idea

Long
DefineRisk Updated   
BINANCE:ONTBTC   Ontology / Bitcoin
Support has shown to be relatively strong here. Looking to take advantage of a strong bounce from this zone. Sells are spread across targets as outlined on the chart (this is just my personal preference in scaling out of this type of trade). RSI is oversold, and volume is showing the slightest uptrend over the last few days albeit primarily sell volume.
Trade active:
Still holding steady. RSI reset. Bounce expected any day. Still really like this trade until proven otherwise.

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