ONT on the move
Bullish case for ONT:
- Nice response from high volume node at 1753 satoshi
- Now consolidating at daily order block
- RSI above 46 which gave good bounces during the March to May bull run
Buy 0.0003120 - 0.0003230 (Use stop loss)
Take profit:
TP1: 0.0004257
TP2: 0.0005459
TP3: 0.0007876
Rebuy on retest/consolidation above indicated order blocks (gray area’s)
- Nice response from high volume node at 1753 satoshi
- Now consolidating at daily order block
- RSI above 46 which gave good bounces during the March to May bull run
Buy 0.0003120 - 0.0003230 (Use stop loss)
Take profit:
TP1: 0.0004257
TP2: 0.0005459
TP3: 0.0007876
Rebuy on retest/consolidation above indicated order blocks (gray area’s)
Note
ONT closing in on TP1 for 30% profit. Selling 25-30% of my stack here, might rebuy on possible retest if we manage to close above the daily order block.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.