Dan_Cruise

ONT/USDT: A new Long-term trade chance, buy the dips and hold

Long
Dan_Cruise Updated   
HTX:ONTUSDT   Ontology / Tether USD
From the perspective of the weekly line, the system has found an implicit trend pattern. A complete weekly trend contains 3 peaks.

for example,
Cycle One: 2018/10/01-2019/07/01
Cycle Two: 2019/09/23-2020/02/24

Key Points>>

Cycle Gap: There is a cycle gap between every two cycles. Mainly connect the new and the old change cycle, the unilateral release and the chip arrangement stage after the end of the old trend cycle, including bottom finding (breaking down or repairing the old platform) to build a new platform
Effective Support Zone: The price range where the price of a major cycle has repeatedly stepped back and cannot be broken, and the price trend of the subsequent extended period of time has begun to effectively support.

Cycle Peak: Cycle peak, the extremely high point (extreme value) of the price in the trend cycle. After the general peak, the trend will be adjusted for a short time.
Peak #1: Peak 1, the first attack (rebound point) after finishing Cycle Gap
Peak #2: Peak 2, the sprint after the effective pull in the new cycle of Cycle (the extremum before adjustment), usually used as a take profit reference.
Peak #3: Peak 3, the last bounce in the cycle, which is the last extremum before the kinetic energy collapses in the cycle. After experiencing this extreme value, the current trend cycle ends. Therefore, it is also an effective inflection point of the displacement cycle. It is generally used to determine whether the trend is over, arbitrage pockets or layout empty orders.

As picture shows,
Weekly level >>

1--A new cycle (Cycle Three) is currently being formed, which is in the Cycle Gap phase after Cycle Two. At this stage, the old platform was repaired and slowly climbed along the newly formed upward trend line
2--It has broken through and stepped back on the downtrend line of this level (indicated by the purple line), a relatively healthy signal
3--MACD double lines(DIF&DEA) are below the zero axis, seeking a breakthrough to the zero axis

Specific Operation>>
Stock up on spot and make up on dips until the end of the third peek of the new cycle!
Comment:
buy the dips, repeat and hold
Comment:
Already 33% profit !

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