ONGUSDT
🆓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"
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 !
ONG/USDT Analysis (TECHnical AND FUNDamental) What is 🌟Ontology Gas🌟?
Ontology gas (ONG) is one of 2 crypto assets that power the Ontology blockchain, a business-focused, high performance (can handle many transactions at once) blockchain that focuses on solving problems like identity security and data integrity (accuracy and consistency of data).
Ontology gas came into existence on June 30, 2018, when the Ontology project launched its mainnet, or transitioned from using another blockchain (NEO) to its own native blockchain.
❇️What is Ontology Gas Used for?
In the Ontology ecosystem, Ontology coin (ONT) gives ONT holders two things:
---1 Governance rights - have a say in things like changes to the network
---2 Staking rewards - by staking, or locking up, your ONT, you contribute to the security of the network by helping verify transactions. In return, the network grants you ONG
On the other hand, you can think of Ontology gas as a “toll fee” to use the Ontology “highway” or network. In this way, it’s similar to gas on Ethereum. But instead of paying in the main cryptocurrency, ONT, like you would with Ethereum (paying in ETH), the Ontology network makes you pay for network usage (e.g. making a transaction) using a separate token (ONG).
As mentioned, staking ONT grants ONT stakers ONG rewards. This means that ONG presents an interesting opportunity, even if you don’t use the Ontology platform for its intended use cases like identity security.
By staking ONT, you can earn “passive” ONG income for your part in securing the network (even if you don’t use it for anything other than staking rewards).
Indeed, the rewards aren’t too bad - according to ONTCalc, an ONG rewards calculator, you can expect your yearly “interest” rate, or percentage of ONG you earn on your ONT, to be ~4%.
Compare that to your average US bank savings account interest of 0.06% (in other words, ONG pays ~67x more per year), and that’s not a bad use of your money. Especially when you consider that:
1 .ONT is a top 25 crypto by market capitalization (a crypto’s price multiplied by its circulating, or usable, supply)
2 . The company behind the Ontology project, Onchain, is also the same company behind NEO, a top 20 cryptocurrency
3. Onchain was named one of KPMG’s (one of the Big Four accounting firms) top 50 Chinese fintech companies
4 . Onchain has worked on blockchain solutions for Alibaba (Chinese Amazon.com)
5 . ...and more
All in all, using ONT to generate ONG is a nice way to earn extra money with your crypto.
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❇️Quick Technical Analysis
As you can see in the logarithmic chart above, ONG has formed a cup pattern and may or may not complete its handle. In this case, there is a better opportunity to buy step By step in several times, but according to this bullish market condition , it is possible at any moment in an aggressive and explosive move, to reach resistance at $ 0.67 and $ 1.20 & then then 4$, respectively. Then for up to two months OR more , we can even see incredible growth of up to about 3,000% or more Which will surprise us ! But keep in mind that this market is a possibility but also these growths are not out of reach and stranger for those who have worked in this market.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
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.