Cash Is King! New Coin! New Opportunity!
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ONT we don't have much history on this coin so there is only 1 real way I find to trade new charts and I will show you below.
We are currently looking bullish from the indicators we can use, obviously lacking history we can't be certain but from what can be seen on the 4H and the 1H we are building up.
Now you will see the top and the bottom of the channel this will be the only way to distinguish the break as indicators on such short timeframes aren't as reliable.
You will see on the 4H and the 1H charts we have a very bullish divergence and we expect this will lead to us breaking high of the channel.
The 20 and the 50EMA have just crossed but once again this is an hourly chart.
To trade this we don't enter until we break the top of the channel, the chart tells us we will take the top but there is a risk things could change as we can't get a clear line of site from a 6 day chart.
This is a coin that could have big potential and could be something similar to what we have seen in NCash with potential 100% profits in a very short timeframe.
If this coin breaks the high of the channel buy the first 4H candle to close over the green line. Aggressive traders can buy the first hourly candle to close over but I will stick to the 4H.
Stop loss will then go 1-2% below the green top of channel.
I have set an alarm on this chart to alert me when or if we cross the top or bottom. I will then place targets for you.
Cash Is King! Also would like to thank the member for bringing this coin to my attention.
We are currently looking bullish from the indicators we can use, obviously lacking history we can't be certain but from what can be seen on the 4H and the 1H we are building up.
Now you will see the top and the bottom of the channel this will be the only way to distinguish the break as indicators on such short timeframes aren't as reliable.
You will see on the 4H and the 1H charts we have a very bullish divergence and we expect this will lead to us breaking high of the channel.
The 20 and the 50EMA have just crossed but once again this is an hourly chart.
To trade this we don't enter until we break the top of the channel, the chart tells us we will take the top but there is a risk things could change as we can't get a clear line of site from a 6 day chart.
This is a coin that could have big potential and could be something similar to what we have seen in NCash with potential 100% profits in a very short timeframe.
If this coin breaks the high of the channel buy the first 4H candle to close over the green line. Aggressive traders can buy the first hourly candle to close over but I will stick to the 4H.
Stop loss will then go 1-2% below the green top of channel.
I have set an alarm on this chart to alert me when or if we cross the top or bottom. I will then place targets for you.
Cash Is King! Also would like to thank the member for bringing this coin to my attention.
Ghi chú
Just to be clear we don't have an entry on this trade yetGhi chú
We are still waiting for an entry here.Ghi chú
we have 30 minutes for this candle to close if we close above the line enter! Stop loss is below the top channel line.Ghi chú
ok we are in I will post some target for you allGhi chú
Targets are in purple first 2 targets are quite close this is so we can move up stop loss when we close over them. Always trade safe! Cash Is King !
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We are seeing some good movement alreadyGhi chú
Trade moving nicely nearly at target 3 and looking extremely strong!Peeps get your family and friends on board, come trade with Cash Is King!
Ghi chú
Your stop loss is only moved up after a candle closes over the target and close means the candle has finished and a new one has started. heheGhi chú
Good work guys for those of you that moved up stop after candle closed you would of got taken out in a massive profit at around .00018500ONT still looks great on the 4H and the 1H to see some more movement for those of you that stayed in
Ghi chú
Here we still have volume and momentum we just have a few sell orders to get throughGhi chú
target 1 and 2 have been reached, we are have broke target 3 but pulled back. Trade still looks strong on 4H to hit targets.
Always collect profits along the way though as Cash Is king!
Ghi chú
Target 3 has been hit and target 4 now we go to target 5.We are currently on around a 12% profit here.
Trade looking very strong for next target
Ghi chú
ONT moving nice and looking like it will give another leg.We have hit the first 4 targets and still have target 5 to come.
Ghi chú
We are nearly at target 5, we sill look very strong I am going to get us another target and will post shortly.We are now nearly close to 20% up on this trade so good work and good profits.
Cash Is King!
Ghi chú
Cash Is King! We are making loads of it here!Trade is moving nice we look strong but I think we will consolidate before heading up past next target.
Good news is all the first 5 targets have been hit making this a very successful trade.
Target 6 .00022994
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