bullish on ONT

By PMtrading20
Updated
ONT is one of my favorite coins for the month. It daily chart is absolutely beautiful.

In addition to the chart, mainnet release is scheduled for june 30th.

Assuming overall market doesnt completely tank, i think ONT should have a monster month.

entry: 11000

T1: 12500 (+13.6%)
T2: 16000 (+45.5%)
T3: 25000 (+127.3%)

stop loss: under break of trend line:
snapshot


If we apply fib lines to each rally (starting from 1500) they all pretty much are in line with each other, which is where my T2 and T3 come from
snapshot

I will point out, this RSI divergence is something to keep an eye on:
snapshot


Comment
snapshot

it looks ready.
Comment
and daily RSI looking better too
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PMtrading20

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