$ONON looks promising, with a clear chart pattern. The 20-day moving average has crossed above the 200-day moving average, which is a classic bullish signal. The previous consolidation has fully absorbed the selling pressure, and it is now at an equilibrium level. Yesterday, a clear demand zone was marked on the daily chart. Usually, this kind of setup can trigger a new wave of upward movement.



My idea is that if the price pulls back into that green zone, it would be a good entry opportunity. I plan to open a small position if there is a pullback at the open. The probability of a rebound from this support level is quite high.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
TokenTherapistvip
· 01-09 18:13
Oh, a golden cross! This move is quite interesting. Wait for the pullback before rushing in, be more cautious. Entering the green zone, I’ve also got my eyes on it. Breaking 20 and heading to 200, a classic move, I’m optimistic. By the way, can this break a new high? Not too sure. Small positions first to test the waters, a reliable approach.
View OriginalReply0
SleepyArbCatvip
· 01-09 17:50
Hmm... breaking the 200-day on the 20th, I've heard this routine too many times... But the green area is indeed interesting, I'm also watching it.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt