ONGUSDT trade ideas
Not setting a stop, breaking even, then missing a pump. classicAhh good times. Letting my long fall ~15%.
Then I saw overnight these flash pumps, briefly hitting where I bought in, which would have nullified my huge losses. Naturally I hadn't set anything up. Today I thought I better set it up otherwise it might slip back under and keep going.
Almost as soon as it hit my target. for a .2% profit - .15% fees there is a massive pump.
Did I learn any lesson here? Maybe.
Scale in to my buys slowly or set a stop loss straight away and buy back cheaper if it dumps to around a support level, then buy.
Fuck me
Took a shot at ONG hereThe MacD was looking like things were turning around. 9 and 20 EMAs sloping up, nearly crossing too. Let's hope for the best. I find many of these BInance USDT pairs with low volume to be less volatile and they seem to trade around a 10% range for a lot of them . I'm hoping less volatility means I can be more generous with my stops.
Market seems to be turning around now too, many in green.
ONG Another Falling Wedge a great potential setupONG again in Falling wedge in support area in 4HR timeframe with bullish divergence. Could be a good setup (if bear flag of btc doesn't play out)
Entry: 0.6150-0.6200
Target: 0.6500-0.6700
Stop: 0.5900
Note: Not a financial advice, DYOR. Good luck guys
Ordered Chaos: "Confluence of 2" ONG zones of interestONG looks to have had two impulses pushing down.
Red Impulse/Ripples are primary in importance it seems.
But the Blue Ripples are showing their relevance as well.
Thus I am looking for ''Confluence of 2" for signs of direction.
Breakout of current tight band is trade-able, offering very tight SL.
I am hoping for one band lower in .51-.52 area for a longer term entry.
Resistances will be 66-67 then 77-78 and finally 92-93.
Those are nice percentage hops if bulls jump onboard.
But given any shitcoin, 00/01 could be the true bottom :(
Trade Safe with these ShitCoins.
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
every Wave is born of Impulse, like a Pebble into Water.
every Pebble bears its Ripples, gilded of Ratio Golden.
every Ripple binds into Rhythm, setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.
Confluence of 2 is Dependable.
Congruence of 3 is Respectable.
Coincidence of 4 is Worshipable.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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