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ONTETH

There is a possibility for the beginning of an uptrend in ONTETHTechnical analysis: . ONT/ETHEREUM is in a range bound and the resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.008128 to 0.007406). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.008128) Ending of entry zone (0.007406) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.009346 TP2= @ 0.010601 TP3= @ 0.012390 TP4= @ 0.014620 TP5= @ Free
OLong
by ForecastCity
There is a possibility for the beginning of an uptrend in ONTETHTechnical analysis: . ONT/ETHEREUM is in a range bound and the resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.008128 to 0.007406). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.008128) Ending of entry zone (0.007406) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.009346 TP2= @ 0.010601 TP3= @ 0.012390 TP4= @ 0.014620 TP5= @ Free
OLong
by ForecastCity
4
Ontology (ONT) Bounce from support, likely drop, possible long.Ontology just had a bounce from lows with the obvious bull div indicating rising support. Now this is the first zone of resistance that we could not break before. The RSI shows a lack of support at this price, so be cautious. I would consider going long once the cloud is breached. This is because we are previous support as indicated by the 1 day graph. A bounce is not uncommon when this happens. I believe a bear flag will occur here, which might be a good 5-10% trade. The only problem is that I feel BTC still has more room to drop, so I am more inclined to believe this rally will fail. I am posting this because ONT is just so incredibly low it will be interesting to come back in a few weeks and see if support has held or we are on path to 2264. For long term players, pick up some here. Thanks for viewing. Hope you are doing well in this market. If it makes you feel any better I lost over 10% on TRX after transferring it to my online wallet to participate in voting only to have btc fall. Keep in mind I had to lock my TRX for a period of 3 days, so I could not do anything and had to eat this loss. If you are short, congratulations on the xxx% gains.
Long
by HD1184K
ONT - Time for Ontology to turn around? (+300%)Quick and easy - ONT has been slaughtered recently - after a beautiful run up quintupling initially (where I guided the readers nicely :-) ), the cryptocurrency stood ground for a while but then got sacked just like all the other ones. Currently touching the last Fibonacci retracement level, having the RSI in an extremely overbought region, and the MACD about to make a big golden cross, this might be the time for reversal. Just a heads up from this guy! ONT is a solid gem and now available on the cheap.
Long
by A_Cryptastic_Mind
Ontology – big bull flag formationOntology has been making a lot of bullish pennants of lately, I wrote about these extensively in my previous posts , following up a 5X increase on its price. I also called the top and urged to sell at least part of your positions at the points where the green straws / outliers of the candles ticked of the top orange resistance lines. In the meantime, Ontology price has corrected to the 8000 sat level (down from a high above 12000!). But now, we are forming i) a triangle with strong support at 8116 (Fibonacci level that you can see all previous bottoms were formed in the last weeks), and ii) actually are forming a bull flag, and a big one at that. If this scenario pans out, we can add the length of the pole of the flag, to the breakout price round 9000-ish, which would let us see the moon again for a bit of time. At least, that would mean a big price rise. Moreover, if we look at the 2h chart, we have a bullish MACD and bullish RSI going for it, so this will be a first bounce moment. Although I think some more sideways movement will follow before a break-out occurs. Anyway, keep this scenario in mind before selling your positions! ;) BY THE WAY Did you know that you could've gotten 1000 ONT at the airdrop pre-ICO a few months back? Yes, you read that correctly - that would mean you were 8-1000$ richer today, because of an airdrop! And did you know that there is a new airdrop in the same ecosystem (NEO) today? Have a look at my twitter profile's pinned post (wijcryptonairs) where I posted a link to claim your own airdrop pot. I can't post it here directly, as external links are forbidden, but of course - we crypto-enthusiasts have to help eachother out!
Long
by A_Cryptastic_Mind
4
Ontology in a Pennant Breakout Pattern.Hey, I am back with another Technical Analysis this time again looking at Ontology. Last time I gave call to buy at 4,700, if you traded with my advice you could make up 100% in a week, not bad. Moving on. Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. That was in short about Ontology. Taking look at the chart. There is a Pennat breakout Pattern that has formed, this pennant often leads to breakout, but can sometime lead to an breakdown. Thing is this chart doesnt have enough data as ONT isnt long on the market. ONT is currently around ATH in terms of satoshi value, which could discourage some people from trading this Crypto, but it looks like there is a still room for additional growment. If everything fails 6,800 is a strong bounce support, another long. Taking look at Indicators. MACD headed below 0 fewer sellers, bearish divergence so far, can turn up at any moment with enough volume as it may bounce from RSI support level, if not it should bounce slowly back from bottom line of the triangle, if even that fails, it looks like no breakout would be happening. RSI needs to stay above 53 to remain bullish, clear support on 43 and ressitance at 53 which is the good bullish zone, it would be Ideal if ONT bounce from support now, but RSI can fall to 30 and below and then at good tempo be headed back to cross both 43 and 53 to became full bullish again. Stoch shows somehow bullish divergence for now. Good Volume . I think thats about it. Hope I made your view on whats going on with Ontology somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
by TiborVrbovsky
2
ONT – Bullish pennants all over the place – Pending break-outOntology has been really going for it, jumping from one bullish pennant to the next one. Today we are experiencing pennant number 4, accompanied by a golden cross in the MACD (A) and upward momentum in the RSI (B), so this one is likely to precede a strong next bull run. Talking targets, the previous 61,8% Fibonacci level is first up at 6650 sat. After that, I believe we can hit 8141 sat. That’s a nice gain. I’m long in this one for the longer term, but if you just want to make a nice trade, this is definitely a good opportunity. There is also a nice divergence showing that there is indeed further accumulation, a good example showing this is this author's (@mertmaximilian) post: E.g. cumulative volume index divergence on the daily: This one speaks for itself. Good luck. PS: merely my opinion, DYOR PS2: always happy when you give a thumbs up :)
Long
by A_Cryptastic_Mind
3
ONTETH "possible outcomes"Already finsihed the sale,but my bot went in and bought in again, So i had to see where u would dubbel down my first share to get bad position out i already have a position open at 0.008000, if it would reach can u say? --MACD i love hate this tool, as it already looks bearish but still holds strong i cant make my decision alone out of this --RSI It had three strikesagainst the upper trend and now it has one striked the middle, just hoping it does not go below this support or it might fear a lillte tank due the big raise with no good retracements (gains are not bad its just not healthy) Gonna have my eye on this one, pls let me know what u think Ben
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by samuraiben