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CHART DURATION: 4HR/1D
CURRENT PRICE: 2490
ENTRY PRICE : 2400-2500
TARGETS : 2750-2950-3200
STOP LOSS :2280
TECHNICAL ANALYSIS MAIN SUPPORT 2513
1. RSI 35
2. MFI 38
3. MACD OVERSOLD
4. STOCH GOOD
5. CYCLIC INDICATOR - GREEN STARTED IN 4H
6. TD SEQUENTIAL ABOUT TO COMPLETE CURRENTLY AT 7, 2 TO GO
Retesting that historic support for the third time. Personally if I were to long, I would wait for price to reclaim the POC on a daily close, from there long to the EQ of the range (I included a long setup in the chart demonstrating my thoughts):
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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i invested on this coin for long term. Recently, the project entered partnership deals with major global video platform MovieBloc.
It uses decentralized technologies for movies distribution.
Target 1 > 4500ish
Target 2 > 8000ish
Target 3 > Break ATH and moon ???
This is not a financial advice, Stay Safu !
Happy Tr4Ding !
- I was already in a long for ONT which i called on the cryptology discord: discord.gg .
- I still think we have more upside in ONT and i will be looking to add on above that 1h breaker which would give me a nice 4r trade.
If target gets hit this would mean a 12% increase of my trading account as i risked 2% on the first entry and i am looking to...
Here's a sweet Symmetrical Triangle, waves indicated by arrow and Target given by T1 and T2. Mostly chances are with upside breakout...
Blue range determines the Final target. Currently, the market is testing a golden ratio of 0.32.
If pattern breaks then it may probably come to our support range(Purple box)...
Trade with stop-loss
Here's BINANCE:ONTBTC on the Daily retracing right to the sweet spot and OTE for it next bullish move. Pretty straightforward here...
Buy in the white box range of .0001696 - .0001668 and...
Exit in PROFIT