🆓Ontology Gas/USDT Analysis (27/2) #ONG $ONG0.5$ zone is a very strong resistance now so I think it will go down to 0.4$ in next few days and then move up to 0.65$ zone again.
📈BUY
-Buy: 0.39-0.41$. SL if B
-Buy: 0.49-0.51$ if A. SL if B
📉SELL
-Sell: 0.49-0.51$. SL if A
-Sell: 0.64-0.66$. SL if A
♻️BACK-UP
-Buy: 0.30-0.32$. SL if B
-Buy: 0.49-0.51$ if A. SL if B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
ONG
Origin ProtocolWordpress Concurent. MarketCap is still low but imo.. it's a gem. give it time to rise.
What is Origin Protocol :
Origin Protocol aims to enable blockchain-powered commerce. The Origin Platform allows buyers and sellers to connect and transact on the blockchain. The project's goals are to reduce/remove unnecessary transaction fees charged by intermediaries, promote open and censorship-resistance commerce, and give early ecosystem participants stakes in the commerce network as it grows over time.
Check who invest in :
Origin's lead investor is Pantera Capital. They are also backed by Foundation Capital, Blockchain.com Ventures, Hashed, PreAngel Fund, BlockTower Capital, FBG, Sora Ventures, and other venture/crypto funds as well as angel investors Steve Chen (co-founder of YouTube), Alexis Ohanian (co-founder of Reddit), Garry Tan (former Ycombinator partner), Gil Penchina, and Steve Jang (founding advisor and angel investor in Uber).
Trading Part :
- Buy zone 1 : 0.23-0.22 ( a bit of your invest )
- Buy zone 2 : 0.12-0.11 ( All in on amount you want to invest in this coin )
-Take Profits :
- TP1 : 0.5499
- TP2 : 0.8368
- or Hodl for long term invest, your decision.
Happy Tr4Ding !
$FUBO long$FUBO has a 75% short float meaning a major short squeeze can occur. A clean break over 50 and my price target is 52.50, 55.00, then 57.50. Fubo is also forming a cup and handle and is now sitting within a symmetrical triangle waiting to breakout. Also, a decline in volume confirming bullish consolidation.
Why multi-month patterns are more successful (SPOT)It is easy to get caught up in the idea of getting a bunch of small winners is the best way to grow an account. This is because of the rush you get when a win occurs. The more often it happens the better you feel. In reality, this works against the trader's odds because you have to win more often and have to be more accurate. What I want to focus on are the long term patterns. over the course of several months. These trades tend to net more profit and cause less stress for the investor because they take less maintenance and effort to trade. The win ratio can be smaller on these trades because the profit is larger.
This chart of Spotify (SPOT) is a perfect example of a macro (long-term) multi-month chart patterns that paid out huge profits. This ticker has had a history of macro breakouts most recently a few days ago. The price really follows the moving averages well and consolidated under a clear price of 292. There are a few things you want to look for when trading macro patterns.
1. clear support and resistance lines. in this case, 292 is resistance, and 245 is support. These levels are easily marked and tracked. One could even buy at support for these trades and sell closer to resistance.
2. Volume is king. A low volume name is never going to leave its range. SPOT has tons of volume being a tech name that has huge popularity. I usually look for names that have one million in shares volume per day.
3. For a breakout to be confirmed it needs to attempt the resistance price AT LEAST 3 times. The third time is important because it's a psychological tipping point for most traders and algos.
I like to refer to these as layers of probability. The more you have the more likely a trade is to work in your favor.
ONGUSDT AnalysisSince there are 3 SELL signals present (BEAR signal is right behind the HELL), I'm BEARISH.
I don't think this is a good time to buy right now.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.18) for 1D to buy,
3- You can buy when candles touching the support line (0.099).
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
ONGUSDT AnalysisI am neutral about ONG at the moment while EngineeringRobo remains bearish. Trades are not recommended currently
If you are interested in buying, there are several options:
- Wait for EngineeringRobo buy signals.
- Buy at 0.125 support level
- Buy at Downtrend support level
- Buy at 0.0809
Whatever level you decide to buy at, pay close attention to EngineeringRobo Sell signals!
If you want to use EngineeringRobo, DM me!
ONGUSDT ANALYSISI have only 1 positive signal
It is not good time to buy this coin now
Buy at the support line( $ 0,1142) sell at the resistance line( $ 0,2453) or sell with the EngineeringRobo' s sell signal
and try to catch EngineeringRobo' s buy signal after you buy it watch carefully EngineeringRobo' s sell signal
It is not a good idea to hold this coin at the moment
Unfortunately, EngineeringRobo gave Sell 1 & Sell 2, Bear, Hell and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
Have a good trade If you want to use EngineeringRobo please dm me.
Ontology Gas Potential for GrowthOntology Gas (ONGBTC) is moving back above MA200 today...
MA200 is the black line on the chart.
This indicator line represents an important level for altcoins trading pairs when looking at the daily timeframe.
When prices are trading below MA200, we cannot see strong growth take place and prices are likely trending lower...
But, when we have prices for any pair trading above this line daily, the doors are open for strong growth.
Now that ONGBTC is moving back above MA200, it is likely that we will see more up.
Note: This is an early signal. Cancel closure is needed for confirmation.
Namaste.
ONGUSDT analysisWe need to wait for either support(0.0988) or when resistance (0.243usdt) turns to support.
Engineering robo supports the decision above. Engineering Robo signal has red robo and sell2 signal. Thus we should not buy at the current time.
We should only buy at SUPPORT and technical indicators from EngineeringRobo support us, then ONLY we should buy!!!
Risk & reward ratio is less than 2. We can buy when risk/reward ratio > 2.
Ontology Gas [ONG/BTC] on July 9 (#ONG #ONGBTC)Our analysis made over 100% profit and It is currently in the process of adjustment, when the price returns to the area of 1500-1700sts, we can consider to buy back for quick pumps.
But if it returns to above 2500sts, it may keep pumping to our last target at 4500sts