Trader-Elisa

ONT - upcoming triangle break

Long
BINANCE:ONTBTC   Ontology / Bitcoin
Not long before hitting the apex of the symmetrical triangle. There is a also a possible descending triangle ( bearish ) in play however the last time the price tried to break it tweezer bottoms pushed us back above.
Keep an eye on the RSI breaking the trendline as this can happen as a precursor to a price breakout.
Not many other indicators due to there being limited history. MACD has crossed positively. EMA (7,77,231) - short EMA heading upwards but not crossed the medium as yet (i.e. no formal buy signal on the 4 hour).

Look for break of triangle to buy, or for safety and break, hook and go move.

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