Long ONTUSD at 2.22
Take profit at 3.33
Stop below previous low.
ONT has been one of the strongest performers of 2018.
At one point up 900%
Already up 200% from the low several days ago, the retracement in the last few hours provides a low risk entry
Note : I have used the modified Andrews forks to determine slope and Fibonacci levels. They do not have standard A B C points and should be considered only as sloping lines
Take profit at 3.33
Stop below previous low.
ONT has been one of the strongest performers of 2018.
At one point up 900%
Already up 200% from the low several days ago, the retracement in the last few hours provides a low risk entry
Note : I have used the modified Andrews forks to determine slope and Fibonacci levels. They do not have standard A B C points and should be considered only as sloping lines