ONT/BTC 8hr...Many Counts In Play, Finding The Reentry...
Hello fellow traders...
Wanted to give an update on Ontology as it has been a while since we made a new post. However, the alarm at 8k has hit, so this is a good time for an update ;-)
Due to a current business venture we are working on, we have decided to switch these charts to an 8hr--as we are diverting our precious time in other areas. Still are longterm bulls on ONT, but as of where we stand currently, there is not enough market data to reenter just yet. Here is one of our proposed counts detailing the overall picture of the setup.
As always, stay tuned for regular updates on the chart and changes to the count.
And please, do not take this as financial advice. It is here for your education and entertainment ;-)
longmoney
Wanted to give an update on Ontology as it has been a while since we made a new post. However, the alarm at 8k has hit, so this is a good time for an update ;-)
Due to a current business venture we are working on, we have decided to switch these charts to an 8hr--as we are diverting our precious time in other areas. Still are longterm bulls on ONT, but as of where we stand currently, there is not enough market data to reenter just yet. Here is one of our proposed counts detailing the overall picture of the setup.
As always, stay tuned for regular updates on the chart and changes to the count.
And please, do not take this as financial advice. It is here for your education and entertainment ;-)
longmoney
Nota
Self-explanatoryNota
TP 1 9k, but front runnedNota
Reload at 8k. Tight stop. Picked the lowNota
Nota
It's a runner... Watch out!Nota
Nota
ONT walls looking like small bumpsNota
One more leg is primaryNota
Moved stop. House money. Reloading after this next wave upNota
Was unable to add. Buy was a little less. Just going to let this ride to 9k before the reentry.Nota
EOS is a good example of how this potential pivot can fail. Nota
TP 1Nota
Will be looking for the reload. Potential roadmap of setup. I have a history with ONT leaving me behind, but I am a conservative trader. Let's see how this plays over the next couple of days ;-)Nota
If we come down in 3, must take trade for myselfNota
ONT update for the comment ;-)No changes...
Nota
Stopped out. Little loserNota
ONT update for the bullsNota
Upper alarmNota
Nota
Preppin the reload...Nota
Not active just yet....Needs more...PrecisionNota
TIghtening the stop... ;-)Nota
One more agree...Nota
AccumulatingNota
My eyes are on 82Nota
Nota
Nota
Let's Roll!Nota
If you are not comfortable trading here, or cannot take a possible drawdown--you know the program. Take the small stop and re-enter. Look at the bigger picture...Thx friends for your support ;-)
Nota
StoppedNota
Nota
ONT not ready just yet, but lookin good. Will post a new chart soon friends ;-)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.