$ONG 👀 Watching the market Did you see the NGO chart? I

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--Bullish

$ONG 👀 Watching the market

Did you see the NGO chart? I think it will continue the bullish move because I see buying strength where they defend the dynamic support (EMA)

Days ago I was talking about a bullish move and that it would be a good idea to look for pullbacks because the price has more strength to break resistances than supports.

I’d like to make more trades, but since I have low capital I don’t open many positions to avoid getting liquidated—time will come to make several operations and win, just like the best traders; step by step, increasing capital or learning 😅

What do you think? Is it time to go Long, Short, or wait for some confirmation. Remember to do your own research (DYOR)

chesster74

Bullish

$ONG 👀 Market Analysis

In an Uptrend after rising from 0.04, it is among the winning coins of the day. Let's see what the charts say

Timeframe 1D: The bulls maintain control and continue pushing the price upward in search of new highs. You can notice that today's candle is breaking through a resistance with strength

Timeframe 4H: It reached 0.18. If the buying strength continues, it could keep rising, but before that there should be a pullback to verify the previous supply zone, where there should be buyers defending

Timeframe 1H: The EMAs are rising along with the price, and as it approaches the broken resistance, there should be a healthy pullback where buyers defend the new support and thus continue the Uptrend

Conclusion: Avoid FOMO. Look for pullbacks to trade in favor of the Uptrend, since the price has more strength to break resistances.

As an interesting fact in Timeframe 1M, there is a candle that stands out because the asset accumulated for months within a range and then rose strongly. That movement makes me think it still has strength to keep going up in the long term. I imagine it could rise up to 0.50

Do you think it's time to go Long, Short, or wait for some confirmation?. Remember to do DYOR

📝 In the images, you'll see drawings represented in the following colors

• Support 🟩
• Resistance 🟥

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

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