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Ontology - Big trading oppurtunity right now!?

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Published: 11 Feb 2021 › Updated: 11 Feb 2021Ontology - Big trading oppurtunity right now!?

Ontology - Big trading oppurtunity right now!?

Hey Guys, so this is my first post i want to try LeoFinance and see what happen.
So iam an Semi-Professional Trader from Germany and want to share some analysis with you.*

First of all, sorry for my bad english i will do my best for you :)

Qtum.png

For my analysis i dont care about fundamentals, for me is important what happens on the Chart.

ONT was in a large Triangle, some traders could see a falling Wedge. Nevermind, 2 Weeks ago i did a analysis about the breakout , today wee see a large green Candle with incredible high volume.

BUT:
Dont get into FOMO, its Thursday right now, the Candle will close in more than 3 Days. Everything can happen till Sunday, so if you see something like this no matter what Asset you see, dont fall into FOMO. I recommend always to wait for a confirmation.

If this candle close outside the triangle, there will be a lot possibilitys to enter this Asset.

My plan will be:
Wait for the confirmation, and wait for another confirmation that 1$ is now support, after this i will enter in a lower Timeframe with a secondary Formation.

Regards
DCT-Trading :)

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