ONGUSDT short-term bullish, can enter a quick 20% profit trade.

ONGUSDT

Spring season might not enter altcoin market, except the usdt pairs. ONG suffered massively sell since it got listed on Binance, but it exposes good reversal sign the recent days. The H4 RSI breaks out key resistance, heading to overbought area. The H4 MACD had bullish crossover yesterday and the signal line enters positive region today. Though ONG faces a resistance at current price ($0.42), but strong momentum it gained last days that can help him to beat the resistance.

Buy zone: Below 0.42
Target: 0.48 to 0.50 area
Stop-loss: 0.39 or below
Reward-to-risk ratio: 2.33

P/S: Follow with you own risk. Enter trades with the capital you can afford to lose.

Transakcja zamknięta: osiągnięto wyznaczony cel:

Sell target almost reached, trade close.