ChaseWallace

ONT, take us to candy land!

Long
BINANCE:ONTUSDT   Ontology / TetherUS
Let ONT retest this channel it just entered. It has a daily consolidation tightening pattern and will coincide with the 50 and 618 fib retrace. It's in re-accumulation and will jump across the creek. This is usdt pair so its a leveraged bitcoin play. Let's trade some BTC through ONT for some USDT!

Buy- around 1.776-1755
Stop - Definitely use! but with bitcoins volatility its up to you how wide.
Target- 2.132

not investment advice
do your own research
yes, use a stop loss

If bitcoin doesn't flourish neither will this trade, but you're smart enough to know that.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.