Ontology in a bullish pattern! 15minOntology is in a bull flag, which is Bullish pattern, I expect the breakout at least to $0.8765, which is only 3% from current price, but this is only a 15min chart, but this flag can easily reach even $0.9190 if Bitcoin breaks $10.600.
RSI is strongly bullish, over 60 and found support at 60.
MACD can give a strong buy signal.
Good luck with this trade!
Tibor
ONTBTC
ONT/BTC (Strong Bounce, Testing Key Resistance)BINANCE: ONTBTC
-Ontology bounce strong and confirmed the upward trendline support
-It is now retesting the flat area of resistance around 800 sat range
-If we can see a resistance breakout and a good retest to become new support
-It is a signal of a strong trend reversal in the midterm
-The upside potential target is up to 1500 sat (previously strong support)
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Ontology Ready To Grow, 140% MappedOntology (ONTBTC) is moving above strong resistance, which opens up the door for additional growth.
In the weeks to come, we will see Ontology grow by 140%+ based on my calculations.
We have strong indicators, the MACD and RSI are both showing bullish signals.
We also have strong bullish action taking place with stagnating volume... A continuation signal in favor of the bulls.
We can expect more green.
Conditions for change
We stay bullish as long as prices remain trading above MA200. If prices move below we switch to bearish.
Namaste.
ONT just joined the DeFi + Polkadot narrative in one tweet! Ontology (ONT) has been endorsed by China this year - www.coindesk.com
They've also now joined the Polkadot and DeFi narrative - twitter.com
That makes this Gann 50/50 target for Mid-November look very probable indeed.
Buy volume has been increasing throughout August on both the BTC and USDT pair.
If we get a break to new highs, the Chaos PRZ drawn off this consolidation aligns almost perfectly with the Gann 50/50 target.
Very bullish on ONT.
ONT is about to see a 40% move!Hey, I am back with another alt analysis, today looking at Ontology.
We are currently in an alt season and trying to make the most of this season.
Ontology is in a very strong resistance area, as you can see on the weekly chart.
Weekly chart looks really bullish, strong uptrend and RSI above 60.
On the daily chart we can see an aggressive uptrend channel.
Take profit one is below 1.20$ (40%)
Take profit two is below 1.54$ (80%)
Depends on your strategy, time of a swing..
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Thanks for your time,
Tibor
ONT / BTC Local downstream channel step 70%. Potential bowlONT / BTC Local downstream channel step 70%. The price is in the middle of the channel. There is no entry point right now. Quite an interesting surveillance tool with potential good entry points and bold targets, but not right now.
Input + Target
1) Entry from the bottom of the channel upon confirmation of support and significant buyer's volume. When entering from the bottom of the channel, the first target is + 70% (channel width). Further, how the trend will develop.
2) Enter on a breakout or pullback after a breakout of the resistance of the given channel.
Globally, a bowl with fantastic target can form, this channel can act as a component of the 2nd phase of this formation. Target levels are shown on the chart. Remember, the level is a zone, not an exact line on the graph.
Stop loss
Use Stop-Loss, but consider the volatility of the trading instrument. Also include logic and understanding of where the crowd places stop loss according to TA rules. Therefore, when the Stop-Loss is reset, there is a large liquidity of orders for the market maker to set a position at a discount with a small percentage step. Nobody will pull passengers.
The same coin is paired with USDT.
ONT / USDT. Downlink. Local uptrend. Trend reversal zone
ONT [Ontology] is good for mid-long termBINANCE:ONTBTC
Ontology is a good fundamental project which partners with NEO and many big names,
The selling pressure is low. It has been in the accumulation zone for a while.
It broke out once and dropped since BTC had a big move.
Now, trying to break above EMA/MA 200 again.
Once BTC stabilizes, ONT will shoot up.
(Current market price is around 710 sats, 0.85$, BTC@12k$)
$ONT is going back above $1 - Ontology is Buy$ONT gives you gas rewards for holding. We rode it from $.50 to $6 in 2018 and it skyrocketed even more past $10 on $ZIL partnership. Under $0.80 is a buy as alt coins rally with $BTC dominance falling. $ONT is breaking out against BTC but a lot of newcomers don't trade BTC markets so just long the dips on $ONT in USDT pairings.
Ontology Buy OpportunityHello traders,
Ontology did a pullback to an importante support zone. If it be able to come back to above of this support it will show us a beartrap and a bullish indication. It will be an opportunity for a swingtrade until the next resistacne level.
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ONT/BTC | Macro Trend Reversal | Key Level | Trade Setup Today's analysis – ONT/BTC – establishing an S/R flip retest above structural support.
Points to consider:
- Bullish price action
- Trend Reversal
- Support Confluence
- Volume Influx
- RSI ranging above 50
ONTBTC trading in a healthy uptrend, breaking its structural resistance with multiple bullish engulfing candles indicating strong buyers in the market, forming a bullish bias.
Price breaking bullish from its inverse head and shoulders pattern, forming consecutive higher lows and higher highs is indicative of a macro trend reversal.
A successful S/R flip of structural support as it coincides with the 200 EMA will solidify the trend reversal.
There is a clear volume influx coinciding with the break of the key level, follow-through is required for continuation.
The RSI is currently testing the 50 level, it needs continue ranging above 50 to maintain strength in the market.
Overall, in my opinion, a successful S/R flip retest backed by volume validates a long trade to technical targets above with risk defined below structural support.
If you’ve read this far, I’d like to thank you for following my work and development as a trader!
As always,
Focus on you, and the money will too!
ONT.BTC (Y20.P3.E2).Breakout levelHi All,
As of today, another Alt that's showing promise.
Potentially about to break a key level (lead in trend line, just got rejected) and pulling back to the previous resistance level as it being written.
How to trade this?
Wait for it to break the lead in trend line, and get retested before jumping in, the safe or conservative way.
Otherwise buy on the line and place a stop loss after a 4 hrly bullish candle.
Here are the monthly, weekly, daily and 2 Hrly charts.
Monthly chart: MR\MS monthly resistance and support lines
Weekly chart: WR\WS weekly resistance and support lines
RSI has plenty of room to the upside.
3 Day chart: Phoeix indicator still showing upward pressure
Daily chart:
2 HRLY chart: Note: the rounded bottom trend, showing strong upward pressure
Key point, the level it has broken and needs to hold on the retest. If this holds, its a bullish sign to enter.
What are your thought?
Please give me a like or tick for this post.
Regards,
S.Sari
PREVIOUS ONT.BTC post on the link below.