There is tons of Opportunities to profit in this market right now. I have chosen one that seems really solid and has the best Risk/Reward ratio.
Buy - 4,500 - 5,000 Sell - 5,600 - 6,820 ( Can go higher than that)
I dont like to use stop loss for one specific reason looking at this chart, you can see that ONT has twiced touched the line below support at 4,398 which has triggered many stop losses.
Why I am so confident about this trade?
Let me explain, ONT is only 2% up for past 7 days, which compared to whole market really low. Also when a coin/token is long at strong support and is holding strong above the line that is being retested few times it often leads to breakout as you may see in my SNGLS/BTC trade opportunity that had 170% breakout, which isnt that bad, is it?
Okay, lets move on to Indicators.
MACD is giving signal to buy with more buyers incoming. RSI would be great if we can test 55 and then break trough.
Hope I made your view on whats going on with Ontology somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
評論
⋅
RSI broken twice, hopefully you have got into this trade!