ONTUSDT seems to have broken out of the triangle and might soon go on a parabolic run.
Volume has been quite strong showing serious support behind the move up.
The red line shows the point of highest volume which we have left behind and will become a possible area of support.
This move up with the clear break of the triangle and the massive volume behind it it's a good candidate for a strong bull run.
I'm opening a LONG with the Stop loss just on the lower part of the triangle
Volume has been quite strong showing serious support behind the move up.
The red line shows the point of highest volume which we have left behind and will become a possible area of support.
This move up with the clear break of the triangle and the massive volume behind it it's a good candidate for a strong bull run.
I'm opening a LONG with the Stop loss just on the lower part of the triangle
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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.