-After the strong massive pump recently
-The price has retraced almost -60% down
-It is currently testing the 200D MA
-A confluence of key trendline support
-Plus the last Fib area of support at 0.786
-If ONG can hold this level for a few more days
-There is a chance we can see a bounce up reaction
-Target is up to 2000 sat or higher
Our analysis made over 100% profit and It is currently in the process of adjustment, when the price returns to the area of 1500-1700sts, we can consider to buy back for quick pumps.
But if it returns to above 2500sts, it may keep pumping to our last target at 4500sts
ONG has pumped so strongly as our analysis and now it is in strong bearish trend. But in this market situation, everything may changes. We need to prepare for 2 possibilities :
- Keep dropping : we will wait to buy it at 750-900sts (Detail point will be analyzed again in future)
- Pass over and stand stable above 1500sts : It will has big pump to 2500sts or...
-over 100% pump on a single 12H candle today
-after confirming old resistance turned new support
-before it happened, Cross Ultimate Indicator signal is Long
-almost reached the recent swing top resistance zone
-we might see another follow-through or minor consolidation
-I suggest not to enter as the current price level
-already extended and missed the...
Priceline of Ontology Gas has hit the strong support at 0.00001846 sats and also hitting the bollinger bands support.
We have 200 simple moving average strong support below the 0.00001846 sats support level.
This support level should be used as stop loss in case of complete candle stick closes below this level.
MACD is turning bullish.
Stochastic has given bull...
ONG has decreased a lot and now it seems that the accumulation is sufficient and ready to fly
Buyzone : Buy as close to 5000 as possible
Recommend Sellzone : 8700 and 11500. Don't lose your profit
Stoploss if price is lower than 4900