Breakout Imminent? ONG Bulls Challenge Key Resistance for a Big Ontology Gas (ONG) has been consolidating since July 2024, fluctuating within a range between the support zone in Green$0.2418 - $0.2512 and the resistance level at $0.3500. This prolonged period of sideways movement suggests a lack of decisive momentum from either the bulls or the bears, as the price has bounced between support and resistance within this range. The sideways action has been mostly uneventful until September when a clear shift in momentum became apparent.
Since early September, ONG has begun to show signs of a bullish trend, consistently making higher lows and higher highs. This suggests that buying interest has been increasing, and market sentiment is shifting in favor of the bulls. However, despite this uptrend, the token has faced significant resistance at the $0.3300 level. Multiple attempts to break above this resistance have been unsuccessful, with the price falling back each time it approaches or slightly breaches this zone.
Currently, ONG is trading below its 200-day Exponential Moving Average (EMA), a critical indicator for gauging long-term trend strength. The EMA 200 is sitting just above the $0.3300 resistance, which strengthens the importance of this level as a significant barrier for price progression. While the overall setup appears bullish, with a strong uptrend in place, the inability to break and hold above the $0.3300 resistance creates a key challenge for further bullish continuation.
ONG
ONG 300% Gain: Can the Bull Run Break Past Resistance or StallONG has been on a tear since September 2023, with its price rocketing a staggering 300% . This impressive run has traders and investors wondering if the momentum will continue or if the rally is about to hit a wall.
ONG on a rollercoaster ride in a monthly chart timeframe.
The current hurdle for ONG is a monthly resistance level at $0.60 . A breakout above this point could propel the price towards its previous all-time high of $1.30 , marking a significant milestone for the token.
However, if the bulls fail to overcome the $0.60 resistance , a pullback could occur. The next potential support level lies at $0.30 . This area could act as a buffer zone, preventing a more dramatic decline.
ONG LOOKS BULLISHDynamic resistance has been reliably broken out. Soon the bulls will attack to increase the price.
By maintaining the green range, it can move towards the specified TPs. The safe buy range is the green range, which allows us to have a logical buy/long setup on ONG.
Do not enter the position without capital and leverage management and stop setting
Closing 3 daily candles below the green level will violate the analysis
ONGUSDT(Ontology Gas) Daily tf Range Updated till 17-04-24ONGUSDT(Ontology Gas) Daily timeframe range. not a bad pullback here. not far away from its recent range end resistance 0.6402. a little bit volume can help it cross as its not that much of hold up. clearing 0.6402 can open a way till 0.8949.
ONG/USDT Breakout Descending Channel, Could ONG reversal ??💎 ONG has recently demonstrated notable market dynamics, breaking out of the descending channel pattern, which signifies a bullish momentum shift towards upward movement. This suggests the potential for the price to continue climbing higher towards our target area.
💎 However, if ONG fails to sustain its upward trajectory, there's a likelihood of a retracement back to the support level or even the Bullish Order Block (OB) area around $0.287.
💎 This retest could serve as another opportunity for the price to reverse its momentum and resume its upward trajectory.
💎 ONG must bounce and maintain its position above the Bullish OB area. A breakdown below this level would indicate a continuation of the downward movement, potentially leading to further declines in price.
ONG/USDT: A clear trend upwards as the breakout confirmed------------------------------------------------------------------------------------------
Description
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BINANCE:ONGUSDT.P is bouncing right back from the support after retesting the support multiple times.
Given the current overall bullish market sentiment and alts are pumping, we can expect a clear bounce towards the next resistance.
we are keeping the stoploss at the support line and our entry is at the current price as we have confirmed breakout.
EMA is also showing clear bullish trend
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Signal
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VectorAlgo Trade Details
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Entry Price: 0.3992 - 0.3937
Stop Loss: 0.3757
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Targets 1: 0.4151
Targets 2: 0.4444
Targets 3: 0.4700
Targets 4: 0.5000
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Timeframe: 4H
Capital: 1-2% of the overall portfoli
Leverage: 5-10x
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Note: Don't forget to keep the stop-loss.
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Ontology Gas (ONG) completed setup for upto 26% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ontology Gas (ONG) with US Dollar pair.
Recently we caught almost 55% pump of ONG as below:
Now on a 4-hr time frame, ONG formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trade signal | Ontology Gas (ONG) setting up for upto 30% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ontology Gas (ONG) with US Dollar pair.
Recently we caught almost 55% pump of ONG as below:
Now on 1-hr time frame, ONG is completing the final leg of a bullish BAT move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Ontology Gas (ONG) completed a setup for upto 40.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ontology Gas (ONG) with BTC pair.
Recently we caught almost 27% pump of ONG as below:
Now on a daily time frame, ONG has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ONG/BTC - Ontology Gas: Failure Swing◳◱ On the $ONG/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00001061 | 0.00001172 | 0.00001353 and support near 0.0000088 | 0.0000081 | 0.00000629. Entering trades at 0.00000888 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Ontology Gas
▣ Rank: 260
▣ Exchanges: Binance, Bittrex, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ontology is a high-performance public blockchain that provides a platform for smart contract creation and decentralized application deployment. Whereas other smart contract platforms like Ethereum use a single asset to both help secure the network and pay for transactions, Ontology features a two token model. ONT allows owners to contribute to Ontology's Proof-of-Stake (PoS) security system and participate in the network's on-chain governance protocol. ONG, on the other hand, is used to pay any transaction fees, such as when a user transfers ONT to another address, deploys a contract, or interacts with an application. Ontology users can earn ONG by staking ONT (locking up the token) on the network.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000888 ₿
▣ 24HVol: 6.877 ₿
▣ 24H Chng: -5.33%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001061 | 0.00001172 | 0.00001353
◢ Support: 0.0000088 | 0.0000081 | 0.00000629
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 5.93
▣ Last 90D: 2.25
▣ Last 1-Y: 1.08
▣ Last 3-Y: 0.71
◲◰ Volatility :
▣ Last 30D: 1.08
▣ Last 90D: 0.76
▣ Last 1-Y: 0.77
▣ Last 3-Y: 2.67
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.80 - V. Bullish
▣ Reddit sentiment score is 0.84 - V. Bullish
▣ In-depth ONGBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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ONGUSDT fly 🚀🚀 with Astonishing 97% ProfitsIn a thrilling turn of events, our latest spot trade on Binance has exceeded all expectations, achieving an extraordinary 97% profit by successfully hitting Target 3! The crypto market's volatility may have posed challenges, but our expert analysis and strategic execution have paid off handsomely.
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#ONG/USDT [Ontology Gas]: Bollinger_Breakout Super_TrendWe've identified both a Bollinger Band breakout and a Super Trend pattern on the ONG/USDT chart. Both indicators are signaling a bullish trend, with the Bollinger Band indicating a potential bullish trend as the price has moved outside of the upper band and the Super Trend showing a bullish trend. This is a stronger bullish signal as both indicators are aligned. It may be a good idea to consider buying at the current price zone and targeting higher levels. However, it is still important to consider other factors such as overall market conditions, and other technical indicators before making a trade decision.