ONT/BTC Bullish Trade Idea.

26 ธ.ค. 2019

Hi everyone,

Today I'm sharing with you my ONT/BTC idea.

The setup is very nice, but altcoins are kinda risky at the moment.
(BTC Dominance is high.).

ONT is testing an old support zone, and the price bounced violently(fibo 88.6) there last time, I'm expecting the same reaction again.

My Prometheus indicator is telling me that momentum is rising, and a bullish cycle might come soon. (Aka The market is seeing this support.)


Entry ~ 690 -710 = Support zone

TP 1 ~ 965 = POC/probably a lot of buyers trapped

TP 2 ~ 1645 = Huge Resistance there/buyer trapped

SL ~ 623 = below support zone



Of course, as usual, BTC can ruins the party, so be careful

Happy holidays everyone!