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Ontology

There is a possibility for the beginning of an uptrend in ONTETHTechnical 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 of temporary retracement to suggested support zone (0.00390 to 0.00330). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00390) Ending of entry zone (0.00330) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.00450 TP2= @ 0.00500 TP3= @ 0.00597 TP4= @ 0.00680 TP5= @ 0.00763 TP6= @ 0.00897 TP7= @ 0.01030 TP8= @ 0.01463 TP9= Free
OLong
by ForecastCity_EU
There is a trading opportunity to buy in ONTETHTechnical 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 Action and expect to reach short-term targets. Beginning of entry zone (0.006510) Ending of entry zone (0.005730) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.007485 TP2= @ 0.008140 TP3= @ 0.008630 TP4= @ 0.009770 TP5= @ 0.013470 TP6= Free
OLong
by ForecastCity_EU