Smartmoneyconcepts
Ontology | Long Term Profits PlanHello traders!
At this very moment, while we have BTC ranging, there are a lot of good opportunities from coins that have dropped a lot! ONT is one of the beautiful gems that hasn't moved yet as it should be. We are very early, and here's my plan of action:
1) Price has bottomed out, and we can notice the range and size of the candles in the lowest demand zone got extremely small and condensed, which means volatility is contracting. There is definitely going to be a huge expansion, and we want to be early before this happens! So, make sure to get a position on the Demand zone as shown on the chart.
Possible confirmations would be:
1) a breakout of the 0.51 price mark if you want to play a conservative and higher probability trade.
2) Also, make sure there is a very fully closed candle above this price.
2) TARGETS: We have a very strong supply zone in which price has struggled and triggered a sell-off right away, so 2.5- 3 would be a top seller zone. If this zone gets pierced through successfully, then sit back, my friend, because ONT is taking a ride to the ATH.
Chart is very clean and clear, too. The ATH target has no other obstacles other than the 2.5–3 mark.
This idea is to spot for the long term. This asset is still in balanced mode; there hasn't been a breakout of the range yet. However, it's worth noting that we are sitting in a demand zone, which is a very beautiful and rare opportunity to have.
I hope you find it useful and are able to take advantage of this idea.
Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
EUR-USD Strong Resistance Ahead! Sell!
Hello,Traders!
EUR-USD is trading in an
Uptrend but the pair is
Locally oversold so
After it hits a strong
Horizontal resistance
Level above at 1.1139
We will be expecting
A local bearish correction
Sell!
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AUD-CHF Local Uptrend! Buy!
Hello,Traders!
AUD-CHF is trading in a
Local uptrend and the pair
Made a retest of the
Horizontal support of 0.5740
And is already making a
Bullish rebound so
We will be expecting a
Further move up
Buy!
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Ethereum remains stuck in the same liquidity zoneEthereum remains stuck in the same liquidity zone. It has shown a bit of strength in the past few days, but the buying pressure is still not enough.
I invite you to check out my analysis on Bitcoin, as it’s currently in a bullish pattern that will cause Bitcoin to take off very soon, which will pull the entire crypto market, including ETH, along with it. So, for now, we are still in the same zone I indicated several weeks ago and moving sideways.
Thank you for supporting my analysis. For now, it's just a matter of waiting and continuing to buy for the next breakout!
Best regards.
SPY Lovers ! Bullish and Strong but wait... there is a challengeThere's really not much to analyze here. As we can see on the chart, SPY remains strong and in an upward direction.
What I'm expecting: I'm waiting for the price to reach my 565.16 zone as a rejection or liquidity point so that it can regain strength and eventually break through the zone later on.
Other than that, there's not much to analyze—SPY remains strong.
The challenge this week will be reaching new highs, as we have very important economic news coming up, which could bring a lot of volatility.
We'll see what happens this week.
Thank you for supporting my analysis.