ONGUSDT trade ideas
Find high volume coins that declined 50% in the week beforeOn sunday i am looking for the coins that still trade above the 30 moving average but declined more then 50% from the high of the week and then i place a limit buy order at the lower POC line.
On new highs i trails the stop below the hourly or daily bar. This is a 1:10 risk reward setup... but i recommed it only on insrruments that really bounce of prior support
OGN in next weeksYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
ONG can fly...YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
🆓Ontology Gas/USDT Analysis (27/2) #ONG $ONG0.5$ zone is a very strong resistance now so I think it will go down to 0.4$ in next few days and then move up to 0.65$ zone again.
📈BUY
-Buy: 0.39-0.41$. SL if B
-Buy: 0.49-0.51$ if A. SL if B
📉SELL
-Sell: 0.49-0.51$. SL if A
-Sell: 0.64-0.66$. SL if A
♻️BACK-UP
-Buy: 0.30-0.32$. SL if B
-Buy: 0.49-0.51$ if A. SL if B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"