ONT looks good around 4200 levels for marked targets with green lines until 3800 is intact on a closing basis.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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.
Technical analysis:
. ONT/BITCOIN 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 50.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a...
![ONTBTC: [CRYPTO] ONTBTC LOOKS GOOD AROUND 4200](https://s3.tradingview.com/m/mQ5Wdafm_mid.png "[CRYPTO] ONTBTC LOOKS GOOD AROUND 4200")
