ONT can go parabolic soon!
Hello, everyone!
One month ago I made the post with the Ontology trading plan (check the article linked into description). I almost caught the bottom and bought ONT at $0.79. If you bought with me, massive congratulations - you are in 40% profit.
What is next with ONT? The price broke the previous high, which means that $1.51 (1 Fib level for the previous impulse move to the upside) is almost guaranteed. At this level I am goin to close 50% of position. Next target is 1.61 Fib ($2.00). Here we will see the strongest resistance - it is time to close one half of the rest position. The final target is 2.61 Fib ($2.81). I will do an update for this analysis when the situation changes.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
One month ago I made the post with the Ontology trading plan (check the article linked into description). I almost caught the bottom and bought ONT at $0.79. If you bought with me, massive congratulations - you are in 40% profit.
What is next with ONT? The price broke the previous high, which means that $1.51 (1 Fib level for the previous impulse move to the upside) is almost guaranteed. At this level I am goin to close 50% of position. Next target is 1.61 Fib ($2.00). Here we will see the strongest resistance - it is time to close one half of the rest position. The final target is 2.61 Fib ($2.81). I will do an update for this analysis when the situation changes.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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