ONT
It's time for Ontology to see some sunshineI seem to be still on track with my previous trend analysis on Ontology. Regardless of the recent market recovery, ONT was in an ongoing decline towards a major support line. I am very confident for Ontology to crack this down trend and manage to follow the general market sentiment. Not a bull market yet, but we are enjoying a little taste of it. Just a little.
ONT - Perfect 3rd - Target 400%ONT perfect wave 2 effect with a complex complex, the end of end is too big to the power of 3 hubs with strong 400% profit.
Also note that the 9400 is very important, as it can extend 3 more wave offs ONT 0.81% about 2600, default if this script is very few happened
EP: 4500
TP: 9000
TG: 22000
Good luck
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$ONT, Nose Dive.
Daily
Looking at our trend timeframe we see major resistance has formed at 9000, stochastic rsi showing momentum is heading towards the downside. Lower high and lower lows being formed, expecting price to fall towards 5000. Higher timeframes showing no signs of slowing down, will be watching daily for confirmation of reversal.
ONT/ETH BinanceVolume is gaining, -DI must go below +DI and RSI must go above 35 to confirm its reversal
Possible Bottom forming on ONTONT is possibly forming a bottom, there is a lot of support in this area though the volume has still not returned which is worrying.
ONT needs to first break and hold above 0.00059.
On the 4hr and 8hr the MACD is crossing bullish.
On the 4hr the Wavetrend is finally coming out of oversold territory where it was since the beginning of July. The 8hr is still oversold but crossing bullish.
On the 4hr we're also getting a bullish yume wave twist above the Miaku and 8hr looks like it could begin a bullish twist soon too.
There shouldn't be much resistance until 0.00073 - 0.00080
ONTLong-term deal
The price is now above the rising trend line
The resistance line is expected to reach 8200 Satoshi, a strong resistance zone
It is possible to rebound from them again and then try to climb to be a rising triangle
In the event of a breach of the resistance zone 8200 Satoshi and stability above it will be purposeful
Resistance zone 11172 Satoshi and then new prices
The best area to buy between the price of 4550 Satoshi and 2900 Satoshi
Buy from current prices, for those who want to stop loss at 4000 Satoshi
I prefer buying in stages from current prices
Ontology might confirm its down trend for a third timeOntology took a hard hit lately, which comes as no surprise considering the overall market conditions. But while its price action is on a steady decline, we can see a downwards trend with two clear confirmation points forming. I was wondering if we might see a third confirmation point within the next up-cycle. The price sits at 0.0005 as of writing, and in case the price would follow its trend, it might rise up to 0.0007 pretty quickly. Ontology is one of my favourites in 2018 and regardless of its current price action and I am pretty bullish on this network. Let me know what you think.
ONTOLOGY PRICE ANALYSISPrice reacted according to previous analysis with a break downward from the second trendline which sent the price falling 16% and held at $3.15. But the price really recovered and rallied to $3.68 which is usual for ONT. Despite the release of the ontology mainnet and list for the first triones participants which confirmed a lock up of 12,653,398 ONT, price continue to slide. Price may trade in a range but strong bear return can send it plummeting, with the next support level around $2.7-$2.5.
ONTUSDT - Possible reversal upwards - long termONTUSDT
On the 1 Day chart, we see a possible finger pattern.
This normally means, a strong indication that we will go up. As a finger sticking out and the bars on the side next to this same bar, or higher.
Looks good! BUT, this coin has no proper history. And if we’re really at a strong support here, remains to be seen.
A pretty strong Bullish Divergence on EFI, but not on MACD-H.
Also a bullish divergence on RSI.
We first have to overcome this local resistance, you can see around $3.63 .
When we will reach that an get through, we could see a nice uptrend for ONTUSDT.
You can however decide to take the risk, and assume this is the bottom and gradually buy your way in around the $3.50. I took this risk myself. Bad boy!
Entry $3.65
Target 1 $4.36
Target 2 $5.60
Stop Loss $3.35
R/R ratio:
Target 1: 1:2
Target 2: 1:6.5
Dear StopLoss killer: I don’t place the actual Stoploss, I place an alert, to asses the situation when it takes place. So you’ll leave me alone, so no harm for me there.
About the targets:
The target is flexible to me, I will see to it how the trade develops over time.
I could even stay in it longer then target 2, I might get out and take profits (if any) earlier, because the uptrend looks weak. Remember, the risk increases every step you get closer to your target.
Target 2 could take a long time really, we will update the trade in the mean time, to see how things develop. Target 1 is of course more reasonable.
ONT/BTC Good times coming soonWe are getting close to the final of the correction, so it would be a good time to add some positions.
The chart is showing bullish signs.
It is not intented on being financial advices, not even close. I just warming up my trading skills here but if it helps someone in their own analysis, it will make me happy.
Regards
Dollar Cost Average your ONT.Hello my fellow Coco Jambo's!
Remember the post regarding ONT?
ONT almost went to the moon and was unstoppable, but we never buy tops! We need a historical chart to predict future outcomes.
ONT followed my Coco Lines exactly like i wanted to and I just love it when a plan works out!
MacD isn't showing a reversal yet, so we could go down further.
Goodluck trading!
ONT: UPDATEHi everyone,
Update on ONT. We've entered the trade at the green box posted up last week. Its still a tad early in my opinion. Better confirmation would be seeing this daily candle close as a bullish spinning top or hammer for a reversal, which looks like it may be doing right now. I would also like to see some upticking on the MACD histogram followed by a nice golden cross. Take what you can get!
Bullish Swing Trade on ONTAccording to the TD sequential ONT should have a nice bounce coming. I have doubled down on my position on the daily red 9 looking for a correction. We are also coming up on a weekly red 9 which combining both the daily and the weekly (off by about 5 days) I would say this could be one of the top performers to come. Unfortunately BTC may limit how big of a bounce we can find, however if you see bitcoin have a slight relief from downward pressure you could see ONT outpace a lot of other cryptos in the coming days/weeks depending the outlay of the crypto market as a whole. With the main net recently being released and many free ONT coins being distributed it was expected to see the recent dump. Now I believe we will soon find a bottom. Again varying on what kind of action we see from BTC.