ONTR3

ONTR3

Keep an eye out for a squeeze against the H&S pattern, then a dump to new lows. Here's one scenario that I'm keeping my eye on.

ONTR3 Updated 

Price is rising with falling volume on the LTF. High probability short opportunity here. Entry: $1515 Target: $1423 SL: $1543

ONTR3

Potential double bottom forming for Bitcoin? We just broke through resistance at the 618 fib level with a slight increase in volume. I expect a retest of that level (yellow) over the next hour or so. If it holds, we might continue to climb towards resistance at the neckline around 40k. A break of that level should take us to 42.2. Or... bitty keeps dumping...

ONTR3

My thoughts on BTC price action in the short-term. I'm very interested to see if we actually make it to the breakout price target from yesterday's dump. There's not much volume between 20-30k. My guess is that if we break 29k, we will see 22k shortly thereafter. Currently setting up lots of limit buys between 30k and 17k just in case we wick down that far....