PMtrading20

bullish on ONT

Long
PMtrading20 Updated   
BINANCE:ONTBTC   Ontology / Bitcoin
ONTBTC is one of my favorite coins for the month. It daily chart is absolutely beautiful.

In addition to the chart, mainnet release is scheduled for june 30th.

Assuming overall market doesnt completely tank, i think ONTBTC should have a monster month.

entry: 11000

T1: 12500 (+13.6%)
T2: 16000 (+45.5%)
T3: 25000 (+127.3%)

stop loss: under break of trend line:


If we apply fib lines to each rally (starting from 1500) they all pretty much are in line with each other, which is where my T2 and T3 come from

I will point out, this RSI divergence is something to keep an eye on:


Comment:

it looks ready.
Comment:
and daily RSI looking better too

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