I haven't seen a bullish chart this for a while like ONT.
However, due to the presence of some signs of weakness and incomplete correction waves, this trade must be dealt with the successive entry strategy, or DCA.
You must deal this trade with extra caution, especially since it has already begun to exit the falling wedge on the high frames. However, because of what I mentioned above about the presence of incomplete correction waves, in addition to the possibility of it retesting the FW, we must enter in at least two parts.
Entry 1 : 0.177
Entry 2 : 0.117
Average (Suggested) Entry price : 0.147
TP1 : 0.21 (+40%)
TP2 : 0.29 (+100%)
TP3 : 0.35 (+138%)
However, due to the presence of some signs of weakness and incomplete correction waves, this trade must be dealt with the successive entry strategy, or DCA.
You must deal this trade with extra caution, especially since it has already begun to exit the falling wedge on the high frames. However, because of what I mentioned above about the presence of incomplete correction waves, in addition to the possibility of it retesting the FW, we must enter in at least two parts.
Entry 1 : 0.177
Entry 2 : 0.117
Average (Suggested) Entry price : 0.147
TP1 : 0.21 (+40%)
TP2 : 0.29 (+100%)
TP3 : 0.35 (+138%)