ONG channel work 25-50%

BINANCE:ONGBTC   Ontology Gas / Bitcoin
I suggest you consider the daily chart ONG legend of this coin do not know, and not really need, not trading on the news, and do not advise you.
The instrument in a horizontal channel width of 60%, as well as inside there is an internal channel 25%, the boundaries of these channels and will be for us to trade. Now the price at the lower border of the external channel, where a set of positions, safer entry and trade within the boundaries of the internal channel, less risk in an already developing trend. As we may now see a rebound from the lower boundary of the internal channel at the entrance. The growth cycle inside the channel takes about a month, so you need to be patient and not count two profits a day. The chart also shows the trend sooner or later will be its breakthrough, and this may be the beginning of an uptrend, the first targets were shown by the volume indicator.

This is not a signal to buy, but information for observation. Always assess your risks and put a stop loss.

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