ONT Daily Timeframe Update 7/4

BINANCE:ONTBTC   Ontology / Bitcoin
Still haven't changed my targets,I'm thinking this is a extended/complicated wave 3/4... wave 5 won't be amazing, but the next wave set could be wave "3" (this being the 1/2) and we may see some excellent gains in the coming months to year end.

I'll watch and wait for now.


Thanks..keep us posted..
Sold all ont few days and need re entry
+1 Reply
Mikelikescrypto ShieldCyber
@ShieldCyber, the current price range is ideal for the 5th wave entry to 130-150,000 sats. However it will probably retrace to below the current range after wave 5. Then the next wave will likely be a big gainer.

I don't recommend trading based on my ideas, but feel free to watch and judge for yourself, I will keep this updated when I can. I have other people that have made a wave 5 count, perhaps wave 5 did not go past wave 3's peak, I would consider shorting below 70k sats, or just put some buys from ~30-70k sats to catch a quick drop before the next wave. IMO based on fractals of the previous waves, 5 tends to hit the .768 to 1 fibs.

It's tough to find a good entry, everything is going up and down based on what bitcoin does and by the time you're certain which way it is going, the deals will be gone.

so, find a spot with X risk, and manage it the best you can.

Look into transient zones, use that to help identify what channel we're moving in. There is a "guide" on a forex forum from a since banned user on them, that was quite informational. I've been using transient zones to create support and resistance lines in bitcoin and check my charts in BTC for some examples and evidence of their usefulness.

Mikelikescrypto ShieldCyber
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out