Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility...
Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006510 to 0.005730). if so, traders can set orders based on Price...
Hello Friends,
Another trade here, #ONTBTC forming the ascending triangle pattern. Entry on breakout, sl based on your risk appetite.
Looks good for 20-30%, no false promise of 1000%., in this bearish market , book for 20-30% and leave the profit for X gains.
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#ONTBTC #BTC #ONT
Ontology is about to breakout from triangle.
lets see in which direction it breakouts.
Keep it in your watchlist.
Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well and invest only what you can afford to hold/loose for long in crypto.
