Dlstc_MA

ONT - BTC

Long
Dlstc_MA Updated   
BINANCE:ONTBTC   Ontology / Bitcoin
Ontology completed it's consolidation and now prepares for a bullish 5 wave. The RSI attempted to leave the "bullish" area above 50 but never really managed to.
You can trade with a stop loss with the given triangle. Keep in mind that a pullback to the triangle after a breakout is usual.

If you want to stay updated to my trading ideas hit the follow button and feel free to leave a comment.
- Peace
Comment:
ONT follows the idea nicely, target still active!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.