ONTBTC double bottom, bullish XABCD and the breakout
Updated
Analysis of ONT started with bullish reverse of indicators. Then the price found and bounced from double bottom which is situated at the lower trend line of the Triangle. Lastly the price bounced and made a breakout up from the drawn point may start a bull run, in case of subsequent consolidation the price should form another XABCD and bounce from the upper side of the Triangle. Our targets will be reached in the mid term
Trade active
#Profit#ONT
The price rached 0.0003176 on the 28th of September. 2nd target is reached. At the moment there there is a finished IHS formation. The coin is ready to reach the next target. It is a good moment to accumulate more
Profit: 13.4%
Duration: 1 day
Get access to private PineScript strategies and turn script alerts into orders at your exchange account with easy-to-set up bots
Get free alert bot:
skyrexio.com
Get free alert bot:
skyrexio.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.