XABCD pattern on ONTETH?
Updated
Hi guys, this is my first published idea, so please be nice :)
I think there is a nice XABCD pattern on the ONTETH chart, I am following it for 1 - 2 days and it seems to go right and I wanted to share it with you. I don't know myself very good with writing chart on Trading View, so I hope I've made a good draw and you can see it too.
This could be a nice reversal sign of the current bearish trend of Ontology.
Of course, I don't know if this will really happen and this is NOT a trading advice!
I think there is a nice XABCD pattern on the ONTETH chart, I am following it for 1 - 2 days and it seems to go right and I wanted to share it with you. I don't know myself very good with writing chart on Trading View, so I hope I've made a good draw and you can see it too.
This could be a nice reversal sign of the current bearish trend of Ontology.
Of course, I don't know if this will really happen and this is NOT a trading advice!
Note
So far, so good, the downtrend went on, the XABCD pattern is completed... now let's see if it will go up... or not :)Note
Well, the D point was a lot lower, but at least it seems that we have got a reversal.
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