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bullish on ONT
Ontology / Bitcoin
Long
bullish on ONT
By PMtrading20
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Updated
Jun 6, 2018
7
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Jun 4, 2018
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:
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
I will point out, this RSI divergence is something to keep an eye on:
Jun 6, 2018
Comment
it looks ready.
Jun 6, 2018
Comment
and daily RSI looking better too
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