My ONT buy target is 0,96$ and sell target is about 1,70. I ll keep updating if anything changes on my trade plan. Please have a look at my chart and share your thoughts with me.
Wish you the best...
We think that ONT Finished to form bat pattern and we will start to go up targets you will find on chart
STOP LOSS close daily candle under Buy area
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Gained important level.
Consolidation looking like accumulation because of gained level.
Not the highest probability trade but R/R of 8+.
Manage your risk on account appropriately (smaller because of high fail rate of high R/R setup)
ONT/BTC not having an exciting reaction to the ascending gann fan line, therefore I expect a retrace to one of the lower green boxes.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
This is a log chart.
NEO has been consolidating for quite a while in what is starting to look like a big ascending triangle. The resistance almost looks artificial to me at this point. How many times can we get rejected from EXACTLY 2400? We have nearly 10 touches on that resistance, and one major attempt to break through, which got sold on heavy volume. On the surface, that doesn't...