There is a trading opportunity to buy in ONTETHTechnical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006510 to 0.005730). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006510)
Ending of entry zone (0.005730)
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= @ 0.007485
TP2= @ 0.008140
TP3= @ 0.008630
TP4= @ 0.009770
TP5= @ 0.013470
TP6= Free
Ontology
$ONT Bouncing from support at ~2k sats... $ONT Bouncing from support at ~2k sats... I would like to see a close above the descending trendline..
UCTS Buy signal on the 12hs
Volume increasing
RSI coming out from oversold levels
MACD trying to turn
Let see how this evolves over the weeknd. No need to rush!
#ONT
ONT/BTC - updated chartIf this fib line does not hold I would expect further downside, doesn't look great for ONT here.
Blue triangle indicates the current range.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
IS THIS A REAL BAT ON ONT LET US SEEWe think that ONT Finished to form bat pattern and we will start to go up targets you will find on chart
STOP LOSS close daily candle under Buy area
Let us know your opinions Also don't forget to like and comment our idea we appreciate that a lot
also if you wanna analysis to any of your favorite coins please leave it in comment and we will do it for you ;)
ONTBTC - Good buy opportunityHere's a sweet Symmetrical Triangle , waves indicated by arrow and Target given by T1 and T2. Mostly chances are with upside breakout...
Blue range determines the Final target. Currently, the market is testing a golden ratio of 0.32.
If pattern breaks then it may probably come to our support range(Purple box)...
Trade with stop-loss
[ONT/BTC] ONTOLOGY COULD BE READY FOR A REVERSAL [ POT 30-200%]#ONT / BTC ( Binance )
Buy Range : ABOVE 0.00019
Stop Loss : Daily Close Below 0.00017
Target 1 : 0.0002660
Target 2 : 0.0003770
Target 3 : 0.0005590
Ontology started to looks bullish on short-term but it on an important resistance. If you are looking to buy it, you have to set your SL below the daily lows ( EMA 20 ) or just wait until stay above 0.00019 ( MA200 on 4H and above resistance).
If this coin finally starting to go up we could be looking for an easy target 1-2.
ONT Ontology to the moon ?i invested on this coin for long term. Recently, the project entered partnership deals with major global video platform MovieBloc.
It uses decentralized technologies for movies distribution.
Target 1 > 4500ish
Target 2 > 8000ish
Target 3 > Break ATH and moon ???
This is not a financial advice, Stay Safu !
Happy Tr4Ding !