ONTBTC 1D - BULLISH SET UP + ASCENDANT TRIANGLEGood reversal set up drawing an ascendant triangle. Surely going sideways before breaking upwards.
MACD is on bullish side recently crossed zero line
RSI is over 50 after supporting on that level, that usually means RSI is on bullish side.
CMF oscillator crossing zero line with strength since lot time ago
PA breaking 55EMA (not happening sice FEB19) and looking the bullish crossover
Support is trendline drawing the ascending part of the triangle, target of the trade can be 900-1000 at least.
ONTBTC trade ideas
ONT/BTC Price remains above the supportOntolgy remains above the support suggesting continuation of an uptren/correction or even a long term trend reversal. For now it is important that price will not break and close below the low produced just under the support. Secondly, price has to break above the recent high in order to confirm strong bullish momentum and this is when price might skyrocket.
Ontology Trade Signal @alanmasters [ONTBTC](259%)Can Ontology (ONTBTC) do 100%+?
We will know soon...
Thanks a lot for your support.
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Trade: Ontology (ONTBTC)
BUY: 0.00000700 - 0.00000770
NEXT SUPPORT: 0.00000650
TARGET
(1) 0.00000840
(2) 0.00000890
(3) 0.00000970
(4) 0.00001111
(5) 0.00001250
(6) 0.00001500
(7) 0.00001660
PROFITS POTENTIAL: 117%
(Buy calculated at 0.00000765)
STOP: Close weekly below 0.00000580.
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This is not financial advice.
Namaste.
ONTBTC back at bottom of weekly range, can we see a push up hereONTBTC
Bottom of this range has held for 2 months now, worth a trade imo. Looks like there is some accumulation going on. Alts have had a few good weeks, lets see if we can continue this
Targets on chart, I entered here with 6% SL to give it some room.