ONG flashed a bullish MACD crossover signal on the daily chart. The signal is usually considered to be reliable on higher timeframes.
Moreover, the signal flashed at almost exactly the same price level it did a month ago. At that time, ONG rallied almost 30% before reversing.
However, currently, ONG trades below its crucial resistance of 0.30. Although the token has been trying for a couple of days, it hasn't broken through the resistance yet.
Therefore, it is essential to wait for ONG to pump above 0.30 and confirm it BEFORE entering a trade. Once broken and confirmed, the profit target is 0.36, resulting in ~18% gains.
The stop loss should be placed tightly below 0.30.
Moreover, the signal flashed at almost exactly the same price level it did a month ago. At that time, ONG rallied almost 30% before reversing.
However, currently, ONG trades below its crucial resistance of 0.30. Although the token has been trying for a couple of days, it hasn't broken through the resistance yet.
Therefore, it is essential to wait for ONG to pump above 0.30 and confirm it BEFORE entering a trade. Once broken and confirmed, the profit target is 0.36, resulting in ~18% gains.
The stop loss should be placed tightly below 0.30.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.