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TradingShot
Nov 14, 2019 8:13 AM

ONTBTC The next break out may take a little longer. Long

Ontology / BitcoinBinance

Description

Based on the RSI fractal you see on the chart, this is a real possibility, i.e. the next price jump on ONTBTC being delayed a while.

The reason could be the 1D MA200 resisting in the same way the MA50 did on the previous fractal. The upside break out can be much greater this time though but let's keep a more modest target at 0.00019 below the 1W Resistance.
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