ONTBTC trade ideas
Breakout pendingThis $ONT trend has been developing for 30 days now - Once that ceiling is broken you would expect a decent return - Entry is tough on this one as exposure down to a sensible stop loss is too big as things stand - 6%+ is too much for my liking.
May have to wait for the breakout, if it comes, and look to get the retest as that ceiling has stood firm, so it should act as a strong support too.
I will just be watching for the time being and see what happens before making some kind of decision.
Moon for ONT! (Massive Ascending Triangle Forming)ONT has been preparing this moon for over a month with this massive ascending triangle.
A massive uptrend is expected with prices of ONT coming into contact with the support for one and final time before retesting the resistance at 2610.
Bollinger Bands are also looking very optimistic with the bollinger bands range covering the ascending triangle and also continuously rising in order to support the break out of the ascending triangle.
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Long opportunities:
Buy when prices hits/comes close to the support of the ascending triangle
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ONTBTCONTBTC
Entonnoir : W/D/H4 (swing)
Nous avons une belle opportunite de sortie weekly sur triple signal sur ce coin.
Le weekly compresse (blanc) avec un biais haussier (prix venant du bas de la compression) et le daily est lui aussi en tendance haussiere, on peut donc attendre une sortie de compression H4 (bleu) a la hausse qui casserait les 3 niveaux (bleu, jaune et blanc) d'un coup et cloturerait au-dessus des 2800 pour prendre position a l'achat.
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Funnel : W/D/H4 (swing)
Nice opportunity here with a potential triple break out.
The weekly is compressing (white) and the bias is bullish as the price is coming from its bottom. The daily is also in uptrend so we can wait for a breakout from the current compression happening on H4 (blue), with a candle closing above the three levels (blue, yellow and white) at ~2800 before going long.