ONT/USDT Bullish ONT is ready to take off!ONT/USDT is trading relatively near support (green/strong green line) and just broke out of a symmetrical triangle form (coming from a downtrend).
This together with increasing volume is a strong bullish signal.
Upper targets are marked by orange lines.
After 18 months of bleeding out ONT finally fights back.
Any comments as well as constructive discussions are welcome.
ONT
ONTUSDOntology will rise more!
Given that the price of bitcoin is likely to increase
Altcoins will grow too! My prediction is that we would get back to the resistance level and go up from there. If for any reason the price could not complete its break from the channel, we will enter into a sales position with it until the middle of the channel.
It is unlikely that the price will return to the downtrend channel! so I'm waiting to buy ONT however it is better to move with the market atmosphere .
#ONTOLOGY #ONT Possible targets for 2021ONTOLOGY ONT Possible targets for 2021
According to the head and shoulders pattern in 2 different modes, there is a strong resistance in the range of 0.9 to 1.1, which in case of breaking this resistance, the targets are:
target1: 3.7 $
target2: 6.4 $
target3: 19.5 $
target4: 34.5 $
stop loss:
under 0.45 $
ONT breakout confirmed on the Daily! ONT just broke out of its accumulation range and could provide bulls with an opportunity to chase from a position of strength in the coming days.
S/R confluence at the Pump Chaser Zone is a high probability area for long entries given the current market state.
Big volume on the breakout today to add strength to the setup.
STRONG Break-OUT for ONT!!!!! Don't miss out BINANCE:ONTUSDT Hi again, according to my analysis we have formed a possible buid-up to breakout of the triangle .If breakout confirms and at least creates an on hourly candle after confirmation of the breakout I highly recommend to take advantage of this possibly strong move toward high targets.If the breakout confirms we can at least go up to 0.9 in couple of days and after reaching our firs target we can wait for BIGGER moves.
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