$ONG buyers stepping in, a 1H long idea
$ONG · LONG · Conf 70%
Trade Plan:
Entry: 0.099565 - 0.10217
SL: 0.088955
TP1: 0.10432
TP2: 0.1083
TP3: 0.18501
R:R about 0.6 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
ONG/USDT 0.10217, +11.20% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 60.7 with volume x0.00 against the 20-bar average.
- Price is working a symmetrical triangle, which usually resolves sharply.
- Invalidation is unambiguous: through 0.088955 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.09208 · 0.088 · 0.08442 | R 0.10432 · 0.1083 · 0.18501
Debate:
Does ONG clear 0.1083 on this attempt, or does it need one more retest of 0.088955 first?
Trade ONG: spot https://www.binance.com/en/trade/ONG_USDT | futures https://www.binance.com/en/futures/ONGUSDT
$ONG #ONG #Write2Earn #TechnicalAnalysis #TradingSignals
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
$ONG · LONG · Conf 70%
Trade Plan:
Entry: 0.099565 - 0.10217
SL: 0.088955
TP1: 0.10432
TP2: 0.1083
TP3: 0.18501
R:R about 0.6 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
ONG/USDT 0.10217, +11.20% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 60.7 with volume x0.00 against the 20-bar average.
- Price is working a symmetrical triangle, which usually resolves sharply.
- Invalidation is unambiguous: through 0.088955 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.09208 · 0.088 · 0.08442 | R 0.10432 · 0.1083 · 0.18501
Debate:
Does ONG clear 0.1083 on this attempt, or does it need one more retest of 0.088955 first?
Trade ONG: spot https://www.binance.com/en/trade/ONG_USDT | futures https://www.binance.com/en/futures/ONGUSDT
$ONG #ONG #Write2Earn #TechnicalAnalysis #TradingSignals
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
