Ontlong
ONTUSDT forming bullish Shark | Upto 468%Priceline of Ontology / TetherUS is forming last leg of shark and soon it will be entered in potential reversal zone.
Volume profile of complete pattern is showing weak interest of traders within potential reversal zone.
RSI is oversold and MACD is weak bullish.
Stochastic is also oversold but did not give bull cross so for secure trade we can wait for bull cross.
I have used Fibonacci sequence to set the targets:
Buy between: 0.5732 to 0.2667
Sell between: 0.8738 to 1.5159
Regards,
Atif Akbar (moon333)
ONTBTC has hit the support | Upto 367% profit expectedThe priceline is moving within a falling channel and hitting the support after Dec 2018.
The MACD was strong bearish but it has turned to weak bearish.
RSI of week chart is visiting oversold for the 1st time.
Stochastic is also oversold and gave bull cross.
After taking complete price action of channel within fixed range of volume profile it can bee seen that the traders interest is weak here.
The priceline will move up soon to hit the sell targets insha Allah.
I have defined the targets as per fibonacci method and those targets are as below:
Sell between: 0.00021413 to 0.00035931
Regards,
Atif Akbar (moon333)
ONT BTC TIME FOR ONT AGAIN !?broke out of descending triangle formation on h4 chart , it also made a pivot and crossed key MA levels !
greenbox= entry
blue dotted lines=targets
ENTER 2800-2900
STOP -10%
TARGETS 3120-3400-3800
**AS ALWAYS , NOT FINANCIAL ADVISE ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING.INVEST AT YOUR OWN WILL**