ONT about to tipONT is today's low-hanging fruit, +14% in 4 hours by every logic it's overheating and must retrace, even a little bit.
Disregard the ascending channel, it's for dramatic flare.
I'd like to see a decisive rejection of S/R 4 hour channel (~0.5690), then I'll consider a short, with a generous stoploss.
Target #1 = 0.5295
Target #2 = 0.5158
Target #3 = 0.5072 to 0.5051
Keep in mind that today ONT went parabolic, making it a 10/10 on the dangerous trade scale.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
FTX:ONTPERP
BINANCE:ONTUSDT
OKEX:ONTUSDT
OKEX:ONTUSDTPERP
ONT
Ontology (ONT) Buy ZoneOntology (ONT) Buy Zone
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BIAS
Long-Term : Bullish
Risk : Medium
On daily time frame, The Ontology have touched mid term trendline, this will have impulse wave after reaching a mid term bottom
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$ONT/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.695 - 0.73
TP 1 : 0.7451
TP 2 : 0.7615
TP 3 : 0.7895
TP 4 : 0.83
TP 5 : 0.8865
TP 6 : 0.933
TP 7 : 0.9965
TP 8 : 1.035
Stop Loss : 0.6444
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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ONT reversal head and shoulders pattern#ONT/USDT
$ONT is at support zone, at current price there is an ascending support that meet horizontal support zone, which make it strong enough to hold the price.
if bulls success to head up price from this zone, then the reversal head and shoulders can complete around $5.
but if break down from ascending support happen we will see a big drop to $0.4 and $0.3.
ONTUSDT analysisHey everyone, hope you guys having good trades.
Ont has broken the downside (green) trendline and did a pull back to the breakout level yesterday, Im expecting to see a bounce from here, we also had a retest on MA100, Formation of two rounding bottoms also is looking good.
stop loss and tps are provided in the chart but just to be clear :
Sl : 0.9646
TP1 : 1.14842
TP2 : 1.331
TP3 : 1.638
Enjoy
Don't forget to like and follow ;)
ONT/USDT BUY SIGNALONT broke above the resistance and on pullback bounced off the mid trendline of the ascending channel. Ontology is expected to start a rally, especially since we have a new Fibonacci cycle just started. All-in-all, the risk/reward is exceptional, and definitely worth the try from my perspective.
ONT - It's just the beginning 1,7$ONT has established a double bottom in the daily frame. All is just preparation for the way back to the old peak.
I am waiting for a real boom after the pattern is formed.
First target: 1.7$.
And I will continue to update the next target after ONT reaches this price.
Thanks!
ONT can go parabolic soon!Hello, everyone!
One month ago I made the post with the Ontology trading plan (check the article linked into description). I almost caught the bottom and bought ONT at $0.79. If you bought with me, massive congratulations - you are in 40% profit.
What is next with ONT? The price broke the previous high, which means that $1.51 (1 Fib level for the previous impulse move to the upside) is almost guaranteed. At this level I am goin to close 50% of position. Next target is 1.61 Fib ($2.00). Here we will see the strongest resistance - it is time to close one half of the rest position. The final target is 2.61 Fib ($2.81). I will do an update for this analysis when the situation changes.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
ONT/USDT - is going to skyrocket ❗❗The price on the ONT chart is squeezing towards the key level of $1.14. In the event of a breakdown, there could be a good buying opportunity. In the event of a false breakdown, close the position.
Targets marked above!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.