ONG looks to have had two impulses pushing down.
Red Impulse/Ripples are primary in importance it seems.
But the Blue Ripples are showing their relevance as well.
Thus I am looking for ''Confluence of 2" for signs of direction.
Breakout of current tight band is trade-able, offering very tight SL.
I am hoping for one band lower in .51-.52 area for a longer term...
The MacD was looking like things were turning around. 9 and 20 EMAs sloping up, nearly crossing too. Let's hope for the best. I find many of these BInance USDT pairs with low volume to be less volatile and they seem to trade around a 10% range for a lot of them . I'm hoping less volatility means I can be more generous with my stops.
Market seems to be turning...
ONGUSDT is out of the falling wedge. Looks like a great potential, low risk high reward setup.
Entry: 0.6840-0.6920
Stop: 0.6549
Target: 0.88 (A golden pocket retracement area , .618 fib)
NOTE: Just curious, not an advice to follow. DYOR
Ahh good times. Letting my long fall ~15%.
Then I saw overnight these flash pumps, briefly hitting where I bought in, which would have nullified my huge losses. Naturally I hadn't set anything up. Today I thought I better set it up otherwise it might slip back under and keep going.
Almost as soon as it hit my target. for a .2% profit - .15% fees there is a...
it seames that MA100 and MA50 are acting as supports and the token is trading above this lines. a higher high happens and all MA20,50,100 are crossing
so i think a reversal is going to form in price and maybe the 0.68 is a good target
let me know if you are agree
ONG again in Falling wedge in support area in 4HR timeframe with bullish divergence. Could be a good setup (if bear flag of btc doesn't play out)
Entry: 0.6150-0.6200
Target: 0.6500-0.6700
Stop: 0.5900
Note: Not a financial advice, DYOR. Good luck guys
ONGUSDT again a potential setup out of the falling wedge.
Entry point: 0.7142 area
Target point: 0.82 area
Stop loss : 0.7015 area
Note: Not a financial advice, DYOR
Good luck guys
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
