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 :)
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 :)