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Ontology / TetherUS PERPETUAL CONTRACT

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ONTUSDT.P trade ideas

ONTUSDT is testing the previous dynamic trendline 🦐ONTUSDT is testing the previous dynamic trendline after the price tested 0.382 Fibonacci level. IF the price will have a breakout on 0.6 we can look for a long position, otherwise, if the price will lose the current support, According to Plancton's strategy (check our Academy), we can set a nice short order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
ONT found support after a failed breakoutONT is range-bound on the weekly chart. It's been ranging between $0.50-$1.00 in the past few months. Currently sitting on support levels on the 2 and 4 hourly charts. It's just taking off from the support zone of $0.50 so it's the beginning of the new cycle. Since this coincides with the current bullish market, it presents a great opportunity to accumulate before new retail investors step in. Target 1 - $1.00 - approx. 75% profit Target 2 - $1.20 - approx. 110% profit Target 3 - S1.50 - approx. 163% profit Target $ - $1.95 - approx. 242% profit As per usual, this is just my personal opinion, not a financial advice. Please do your own research. 2 hourly chart 4 hourly chart
Long
by CryptoWaveSurfer420