All indication pointing towards a great bullish bounce from the chart. Stock and RSI show great bullish crossover as well with wider margin for progression.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
Hello, This is Mei
Today we can find the buying opportunity at the PRZ level below
This strategy has around 2 risk reward ratio
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Looking at the 4 hour USDT pair. EMA cross on 1/26 and bullish rise and break out at .755 followed by a re-test Its formed a hidden bullish divergence going back to 1/27 Getting amped up for bullish continuation Also, the daily chart broke over the 200 EMA and has re-tested Don't wait on this one....
Looking at the 4 hour ONT chart. A hidden bullish divergence on the rsi is playing out. Price is forming a rising broadening wedge. Im looking at continuation of the uptrend. If it can claim the 200 ema then the next resistance area is $ .80
Looks like alt-season is coming up, so there will be a bit more coin-charts in the next few days. If you are not into Crypto too much, this could be a good time to pay some attention to it. First we start with ONT/USDT:
After reaching all-time low on Jan 3th it is now going up constantly. - It is up 42% right now. It will be crucial for it to close...
Looking good but not 100% certain yet... Needs to breakout and above the SMA200 on the daily which would be a good indicator of market sentiment coming out of a previous bear cycle for the asset.
Keep an eye on closure of candles don't go early it may reject...