ONTBTC movement after correction - starting of big wave 3
if this happens, this is the possible trend
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moving well on track
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Moving well on track.
Be prepared for the upcoming good move.
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the movement channel is formed, target and retracement assumption stays the same:
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pink target reached, going for retracement.
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very well on track.
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let it fall properly.
expecting a corrective wave abc. wave b would leg up, possibly close to the previous top, then fall down to expecting a finishing of the correction @0.5 or 0.618 of this completed wave.
we need to see the completion of the correction then decide if the next pink wave target will change or not. but overall it is looking good.
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target reached. waiting for retracement
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the right now finished big wave, might be the previous big wave's big W5 instead of sub wave 3 in new big wave. i will update new idea to cover that possiblity.
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stick to this chart.
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this chart showed complete wave of big wave 3 and it performed well. new ideas will not be updated on this chart.
ONTBTC is a good pick always, ONT is the holding company of NEO which had all the highlighted project and people's expectation on.
ONTBTC movement followed good respect to the TA, simple and clear. Mostly it is very fast and neat. high movement.
we are now on retracement of big wave 3, expecting landing @0.382 and going for big wave 5, big wave trend target @ 2.618. high reward:
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Danger alert!
what we are now on could be a big retraced for the completed big wave 3! instead of new big wave 5!
if it is big wave 3 then the retracement is expecting to reach 0.0093 @ 0.382.