ONT
Go ahead🔥Hey, folks🔥
There is one more consolidation zone for today.
There is Symmetrical Triangle formation on ONT/USDT crypto pair.
The price had bullish sentiment before consolidation.
According to Elliott Waves theory all the waves are done and now price is heading to the breakout.
Follow the chart and look for the breakout carefully.
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ONT/USDTTrading suggestions :
When TRX/USDT was at the price of 0.05, it had a chart similar to this chart, but I did not publish it because it had a high risk, and I only buy it for investment, but this time, although this risk analysis has a high loss, I will publish it and ask you to be patient to reach the set Targets.
Technical analysis:
This is a long-term analysis, so please enter the low steps and the uptrend will continue until the orange trend line is broken.
If you want to buy in short term set your stop loss below the yellow trend .
Drop some feedback below in the comment!
Thanks for your attention 🙏!
Trade well, ❤️
ONTUSDT (Resistance breakout #ONTUSDT (1H CHART) Technical Analysis Update
Resistance Breakout
ONT/USDT currently trading at $1.94
Buy-level: $1.87 -$1.95
Stop loss: Below $1.78
Target 1: $2.10
Target 2: $2.25
Target 3: $2.35
Target 4: $2.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ONTONT / BTC has passed the resistance 0000270 which now seems to work as a good support, the level 0000315 has made itself felt but with the overcoming of 0000315 it could project ONT towards 0000370
ONT / USDT seems engaged in the construction of a triangular figure (often continuation figures) which could lead ONT towards the 2.30 area while the failure of the figure a return on the previous static supports