Ontology / Bitcoin
Long
Updated

ONTBTC Got good potential 100-250% Profit Target

1 316
It completed Corrective waves ABC and started a fresh impulsive wave up.

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS

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Price responded well after breaking out from falling wedge.

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Divergence formation on 4hrs timeframe.

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ONT approaching strong support.

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If you follow our last update on ONT with the support level, you can see how strong the support was, price bounced off it and since then been very stable above the support.

Here are the possible targets we can see to form potential handle for this giant inverse cup.

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ONT in recovery mission after the last fall out.

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