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dimidob
Nov 20, 2020 9:18 AM

ONT heading for MA200 and breakout attempt of upper trendline Long

Ontology / US DollarBinance

Description

ONT heading for resistance around MA200 on 1D after brief consolidation and established new bottom. Upper trendline forms first major resistance between 0.60-0.64 that coincides with major previous POC in that range. An immediate breakout above those levels will likely send the crypto to $1 mark. This trade is a long from $0.5 to $0.6

Trade closed: target reached

Idea was successful, check out the newer ONT idea for what's next in Q1 2021
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