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ONT/BTC drop done or one more Leg down? Ontology support zones

Ontology looked to be topping already, and then BTC went ballistic.
ONT fared better than many Alts/BTC and held expected supports.
Correction MAY be done, but one more leg down is quite possible.
Red 4.236 was the minimum expected retrace even before BTC spike.
Red 3.618 has shown some strength with a precise bounce at 2848.
Red 5.618 will be final support if BTC makes another strong move.
Immediate concern is the resistance zone at 3100.
Break and hold of 3100 invalidates the ABC plotted.
2500 would be a great entry if price reaches that low.
.
ONT fared better than many Alts/BTC and held expected supports.
Correction MAY be done, but one more leg down is quite possible.
Red 4.236 was the minimum expected retrace even before BTC spike.
Red 3.618 has shown some strength with a precise bounce at 2848.
Red 5.618 will be final support if BTC makes another strong move.
Immediate concern is the resistance zone at 3100.
Break and hold of 3100 invalidates the ABC plotted.
2500 would be a great entry if price reaches that low.
.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
相關出版品
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。