ONTBTC (GEM) TA Roadmap Part 2

TA:
-Strong bullish momentem break the previous high 1st wave
-Formation of 3 wave which will be the longest among the implusive wave

  • Shallow 23.6 retracement which is less possibility but yet is indicate strong bullish momentem, may retrace to 38.2 is the maximum as if break below the 1st wave then would be invalid count
    -Break resistant and test support may happen if the retracement come in deeper which form expanding correction.

FA:

  • Mainnet launch 30 June

TP:
-Shown in chart, need more data to identify the wave

Conclusion:
-Trader: I will hold the 3rd subwave wave completion and took 50% profit
-Investor: Hold and hold till mainnet launch 30June
-My earlier entry had 62% in profit and still hold and tp some

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