✳️Ontology/USDT (28/10) #ONT $ONT #ONTUSDTONT is clearly in a downtrend and once in a downtrend, ONT is always falling so strongly and so horribly that we should be scared.
ONT can easily reduce up to 50-80% in downtrend, a terrifying reduction.
📈BUY- LONG Strategy
- Consider buying at $0.4
- Buy at $0.25
📉SELL-SHORT Strategy
-Sell at $0.55 and stop loss if 1D candle closes above $0.55
♻️BACK-UP Plan
Buy when the ONT rebounds and closes a 1D candle above $0.55
Sell at $0.65 and stop loss if you close a 1D candle above $0.65