#CryptoTrading. #technicalanalyst #Signal🚥. 📊Short technical analysis
$ONT /USDT (15min/1h timeframe)
Current situation
• Price ≈ 0.0690 USDT (+29.21% from the beginning of the impulse)
• Strong vertical movement up, the price broke the upper Bollinger Band and is now consolidating near/slightly below it (~0.0749)
• Bollinger Bands are significantly expanded — a classic signal of high volatility and potential overheating
• Volume is very high on the rise, Open Interest is actively growing (154M) — participants are adding longs
Key indicators
• MACD — bullish, DIF/DEA are positive, the histogram is still expanding, but there is already a noticeable slowdown
• RSI(6/12/24) — 70.6 / 76.4 / 76.6 — overbought zone on all periods, short RSI is already >70
• Price is significantly above the middle band (~0.0606) — good momentum, but the deviation is already significant
🟢Long (moderate–high risk, momentum continuation)
• Entry: 0.0680 – 0.0695 (on a pullback to EMA or while maintaining momentum + volume)
• Take Profit 1: 0.0730 – 0.0750 (upper band / next local high)
• Take Profit 2: 0.0800+ (if the parabolic movement continues)
• Stop Loss: 0.0650 – 0.0660 (below middle band / last low)
• Risk/Reward: ≈ 1:2.5 – 1:4.5+
Comment: Suitable for scalping/swinging 15–90 min. It is best to enter on confirmation of volume and absence of long upper shadows
🔴Short (counter-trend, high risk, waiting for signs of fatigue)
• Entry: 0.0705 – 0.0725 (on slowdown, appearance of long upper shadows, shooting star or sharp decrease in volume)
• Take Profit 1: 0.0660 – 0.0635
• Take Profit 2: 0.0600 – 0.0580 (middle band / deeper correction)
• Stop Loss: 0.0755 – 0.0765
• Risk/Reward: ≈ 1:3 – 1:5.5+
Comment: Short only with clear signs of buyers exhaustion. Right now the risk is very high due to the strong trend and not yet extreme RSI