Ontology
ONT USDT | APEX | Symmetrical Wedge | Trade Location Today’s Analysis – ONT USDT - forming a symmetrical triangle, nearing its apex where a break in either direction is probable.
Points to consider:
- Apex approaching
- Low Volume
- RSI below 50
- 200 EMA (visual guide)
ONTUSDT is currently trading within a symmetrical wedge formation that will break in either direction as the immediate support and resistance converge.
The volume is clearly declining; indication of an influx being imminent, corresponding with the probable breakout.
The RSI has also formed a symmetrical triangle, a break of the pattern will support the directional bias.
200 EMA can assists as a directional guide, price consolidating above, giving a bullish bias.
Overall, in my opinion, a break will occur validating a trade in either direction. However further price development is needed to determine a directional bias with volume follow-through for price-action legitimacy.
#Ontology Breakout Soon The price is now facing strong resistance, but I expect it to rise above it soon
And we will see a strong rise
Profits so far on the channel
#AMB 101%
#KAVA 70%
#ANKR 45%
#TROY 65%
#BQX 102%
#STX 37%
#OGN 178%
#TCT 70%
#DOCK 25%
#POLY 70%
#LTO 44%
#CHR 144.00%
#SNM 40%
#STPT 38.24%
Loss : 0%
Bitcoin + 8 Cryptocurrencies Trading IdeasHello Traders,
In this video I analyze bitcoin and 8 other cryptocurrencies that are interesting to trade.
Here you will find good swingtrade ideas, as well as, good practices for a low-rich and high-return trade.
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Inverted Head&Shoulders on ONTOLOGY.Hello Traders,
ONT/BTC is forming an IH&S reversal pattern but wait, we need to break the neckline.
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Ontology ONT/USD Long Wyckoff AccumulationYet another example of Accumulation... Question is; was the last dip the SPRING or is the spring still to come? I don't know the answer to that question, but what I do know is this: If the spring is still to come, My truck will be all backed up, ready and waiting...
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Comment; What do you think? Is it time to get the lambo catalog out? or are we still shopping for a second hand push bike?
Never Trust. Verify.
DYOR. Not Financial Advice Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Spring still to come?
Ontology (ONT) - June 1Hello?
Dear Traders, Nice to meet you.
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Point 0.5198 broke through on the fourth challenge and is located near point 0.5665.
After around June 3rd, we still need to make sure we can get support at the 0.5665 point.
5EMA on the 1M chart is passing near the 0.5665 point.
In order to ascend, you must be supported at 0.5665.
If you fall without support on the uptrend line (1), you must get support at the most important 0.5198 point in the Low section.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Ontology (ONT) - May 23Good morning?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Points to be absolutely supported: 0.5198 points
Where we can expect further gains: We need support at the 0.5665 point.
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It is necessary to check if it can rise above the critical point of 0.5198 near Low.
It is currently the third challenge to climb above the 0.5198 point.
I think you can see where the today's closing price is generated on the 1D chart to see if you will succeed or not.
If you do, you need to make sure you can get support on the upward trend line or above 1M 5EMA.
It is not known whether the coin market will continue to rise or fall.
However, I think ONT should be supported at 0.5198 in any case.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Ontology (ONT) - May 9Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Bitcoin Halving has about 4 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
There is not much left this week.
You have to watch what will happen over the weekend.
We need to make sure we can climb above the 0.5198 point, the most important point in the vicinity of Low.
Also, you need to check if you can touch the 0.5665 spot near the spot that showed a sharp drop on March 12th.
We need to be supported by the short-term uptrend line (1).
If I fall without support, I don't think I know how far it will actually fall.
As such, I think the 0.5198 point plays a very important role.
Even if the price of BTC drops sharply, ONT hopes to be supported at 0.5198 or higher.
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Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Ontology on critical resistance. If it holds above, bag ‘em.Follow me for more ideas. It will give me motivation to publish more ideas.
Another my favourite blockchain Ontology is facing critical resistance. However rsi is conforming convergence so, we can get huge upside move.( The only thing which can drop ontology’s price is BTC/USDT.) If it holds above $0.5, i’ll suggest to hold for medium term.