Ontology 1:6 Risk setup - Easy money!Trading Signal - BUY
My buy price - 1570
My (Trailing) Profit Take - 1670**
My Stop Loss - 1550 **
**Trades are valid for about 8-12x the Timeframe (e.x 30min = 4-6 hours valid) after that, anything can happen.
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ONT
ONTBTC I have a case for you!A break and close above 12 EMA(yellow line) could signal a reversal. Blue dotted trend line holds as support. Another leg down still possible but trendline has been holding strong.
I predict prices to test 26 EMA (purple line) then 50 SMA weekly(green line) in the distant future.
Still alot of people skeptical about the state of BTC so there's low volume. Until then I'll keep a close eye.
$ONT Breaking above descending trendline...$ONT Breaking above descending trendline, for now rejected at 19.5k Sats similar to previous iterations over last weeks...
Showing some volume but I would like to see some continuation
For now I would wait for a flip over resistance or a retest of support as entry..
#ONT
$ONT volume low for now but I can see this one catching up soon.$ONT Lacking of volume for now but I can see this one catching up market soon..
Retested ATL BTC (potential double bottom)
RSI & MACD rising..
Wait for volume // flip at resistance (19.5k Sats)
If you are into accumulation, buy below or as close as possible to 16ksats
#ONT
Bulls overpowering the bears!Ont possibly just made a weak-a$$ 5 waves down. So weak that the 5th wave was truncated. (That means mad bullish, yo!) Buy into the uptrend confirmation. Green box above price or later entry is above B wave break out.
I've been day trading ont since February **********if you'd like to learn something the old thread/ongoing thread is in the comments section.**********
Ontology (ONT) Makes A Higher Low And Holds The Uptrend ONT is one of the few major altcoins to actually NOT venture to new lows on the ratio since the "altpocalypse." On this chart, you can see that it is currently back above its slow rising support (pink). I bought originally at $0.60, and it has so far outperformed Bitcoin by a small margin. The same can't be said for many altcoins. Unfortunately, ONT is still held in check by other broken rising supports (light blue trendlines) and has a lot of overhead resistance. A lot of altcoins seem to be close to ending what could be ABC corrections since their massive dumps against Bitcoin, so I'm interested to see what happens with altcoins here as Bitcoin prepares for its next big move (up or down). Something else to note is that ONG is on the rise a bit today, which could indicate an upcoming ONT run. On the downside, if we slide below the pink uptrend again, things won't be looking good for ONT.
If we look at the USD chart, things look very good. We're well above our rising support, so we have a lot of room to fall, should the market experience a correction here. We're also on the verge of breaking above the neckline of a potential enormous cup and handle pattern at $1.68 that could send us skyrocketing towards the $2.80-$3.00 resistance.
My speculation that ONT was undergoing accumulation in the $0.50-0.60 range was correct before, and I timed the breakout on its Bitcoin ratio pretty well. Previous Ontology analyses are linked below.
This is not financial advice. Just a coin I've been observing for a while, since I bought low and want to see if it can remain looking bullish. This is for personal and speculative purposes only.
-Victor Cobra
ONT : Upto 75% Mid Term Profits OpportunityRSI : 41
Volume : Is having a good pump on the daily graph.
Accumulation Area : 17500 sats - 18500 sats
Distribution Area :
Target 1 : 19970 sats
Target 2 : 22770 sats
Target 3 : 25030 sats
Target 4 : 27300 sats
Target 5 : 30520 sats
Taget 6 : 34630 sats
Stop Loss : 15050 sats
Note : Already broke out the created falling wedge and on the 2nd wave correction for now. Any time it can start the reversal trend.
ONTUSD (Binance) Bull Run is started = From $1.55 to $49.00?????ONTUSD (Ontology)(Binance) Bull Run is started.
- News around cryptocurrency is too good.
- Looks like this summer will be very hot!
- Head and shoulders
- Trend lines from past interact well with current local Trend bottom.
- Next generation blockchain from NEO replacement of NEO.
In early 2018, it was so stated. I keep the coin for perspective and replacement NEO.
- BTC Dominance is down (we have long target)
Target 1 = $6.82 (+340%)
Target 2 = $12.30 (+693.55%)
Target 3 (30% For long distance) = $49.00 (+3061.29%)
3D Chart:
$ONT Pushing to resistance at around 20k sats...$ONT Pushing to resistance at around 20k sats... Flipping it to a support would leave a nice entry for a movement up to 30%
UCTS buy signal on the 12h chart
MACD bullcross and rising (with bullish divergence)
RSI coming out from oversold levels
Volume increasing...
#ONT