This still stands valid as long as we don't go below 2246 in which case I'd put a Stop Loss at 2047... up until there it is certainly worth the risk...
Not a financial advise,... just my thoughts.
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Sorry the above comment was meant to be for XLM/BTC and not ONT... the correct comment for ONT is '''This still stands valid as long as we don't go below 2246 in which case I'll update this idea :)'''
Not a financial advise,... just my thoughts.
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Alright! so we passed the wave 2 point which puts this idea to death.... redoing the waves from 15th Feb gives us a lower sell target at 3200 ONLY IF we hold above the green support line @ 2190,.... if we don't then expect a pull back to 1823-2026
Curious..what makes you think the 15 February move wasn't wave 1?
UnknownUnicorn1288043
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@ama1989, Greed :) but on a more serious note even thought the 15th looks more like a wave 1 I adjusted it to the next wave based on what other similar ALTs did in their last 2 weeks recovery.... if XLM does the same (which i think it will) we will retrace at 200MA which is my target sell in this idea... if we go with your suggestion (which is technically more viable) we'll retrace at 100MA which give us a target sell price of 2840... but you know crypto always surprises you if you go 100% by the rules!
UnknownUnicorn1288043
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@Fibonatic, Just notices I put this comment and update on the wrong chart LOL! so the correct comment for ONT is '''' if we go with your suggestion (which is technically more viable) we'll retrace at 3240 which is a quite strong resistance,... but you know crypto always surprises you if you go 100% by technical rules!''''