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Ontology

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 UPDATECongrats to anyone who played $ONT since my last chart, and especially those who bought earlier. My entry didn't quite hit, but you would've made a damn good profit if you got in near the target. $ONT is clearly overbought and I can't imagine it going much higher for now. I didn't include it, but we've seem to have completed 5 elliot waves and I'm expecting a correction to the 0.5 fib/0.236 fib/support area in the first green box. Second entry target would be the 0.382 fib/support area in the lower green box. We could see a cup and handle pattern forming before taking off again prior to the June main net launch (just a guess as to how the correction plays out. But then again, this is crypto so it could just keep going up) Tentative target is the 1.618 fib around 155k sat range. Happy trading!
by oniedarida
4
Ontology update!Hello guys, I have no time to post a lot of additional information and internal/external updates on Ontology project, as I am at some business meetings all day long, but will catch up later. Just want to share that we have a potential break out in near future days, if see the price below the Black line of resistance indicated on the snapshot, following also that Market is going in green and all the hype and the open source code that Ont Devs Team has shared with community. Sensational and experienced team. ONT rated as one of best ALT Coins for 2018. Keep it positive and do not follow FUD coming from people who already missed the train by selling their ONT holdings. Cheers!
by NishanAAA
ONTOLOGY: CONTINUES BULL RUN = 69.98% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 25th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 69.98% PROFIT !!! The increase in price may also be explained by positive developments including: April 24: Ontology is ready to release its new consensus algorithm VBFT after the release of its first batch of open-source projects on GitHub. VBFT algorithm combines Proof of Stake VRF and Byzantine Fault Tolerance . This allows consensus to be reached among nodes faster and more efficiently and is a substantial advancement among current consensus algorithms. April 25: Ontology ( ONT -0.93% ) releases their IDE 1.05% (integrated development environment), Smartx. April 26: Release of a number of official Telegram groups including those in: English, Chinese, and Korean. Community run groups include those in: Spanish, Italian, Dutch, Vietnamese, Turkish, Japanese, Russian, and Cantonese. April 26: Release of Ontology v0.7 and Public TestNet (code named: Polaris -0.16% ). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs, smart contract pre-execute, interoperability across VMs, NeoVM v0.7 and Doc. Center. April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python. There are plans to add further programming languages in the near future. April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT -2.70% protocols. This protocol is expected to resolve all pproblems to do with scalability and large amounts of electricty. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future. (NEW) April 29: Cryptobud features Ontology ( ONT -0.93% ) as the no. 1 long term hold!!! This seems to have generated further interest in Ontology. It has been noted that almost all of trading volume (100%) for today is coming from overseas exchanges (mainly consisting of Chinese exchanges - inclusive of Binance). This has not changed from the past couple of days.
by CryptoTradeSignals
ONTOLOGY: NEW DEVELOPMENTS = 33.99% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 25th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 33.99% PROFIT !!! The increase in price may also be explained by positive developments including: April 24: Ontology is ready to release its new consensus algorithm VBFT after the release of its first batch of open-source projects on GitHub. VBFT algorithm combines Proof of Stake VRF and Byzantine Fault Tolerance . This allows consensus to be reached among nodes faster and more efficiently and is a substantial advancement among current consensus algorithms. April 25: Ontology (ONT) releases their IDE 1.05% -0.46% (integrated development environment), Smartx. April 26 : Release of a number of official Telegram groups including those in: English, Chinese, and Korean. Community run groups include those in: Spanish, Italian, Dutch, Vietnamese, Turkish, Japanese, Russian, and Cantonese. April 26 : Release of Ontology v0.7 and Public TestNet (code named: Polaris -0.16% ). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs, smart contract pre-execute, interoperability across VMs, NeoVM v0.7 and Doc. Center. (NEW) April 27 : Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python. There are plans to add further programming languages in the near future. (NEW) April 28 : Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols. This protocol is expected to resolve all pproblems to do with scalability and large amounts of electricty. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future. It has been noted that almost all of trading volume (100%) for today is coming from overseas exchanges (mainly consisting of Chinese exchanges).
by CryptoTradeSignals
ONTBTC Crossovers - No one is a fortune teller.My knowledge is fairly basic when it comes to the TA tools - but I sure know how to connect the dots and extend lines. I don't understand how or why certain tools and techniques works, but they just do. Look at these trend lines that act as support. ONT can complete a Wave B in it's correctional wave or call it good and begin Wave 2 upwards! If it breaks this current trend line, ONT is falling to the next support line. A chart is a story of an assets sentiments. I think BTC is just beginning a correction, so the alts may have to wait another day to shine....
by FloppinFish
ONTOLOGY: CONTINUES BULL RUN - 24 HOURS = 20.28% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 25th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 20.28% PROFIT!!! IN 24 HOURS!!! The increase in price may also be explained by positive developments including: April 24 : Ontology is ready to release its new consensus algorithm VBFT after the release of its first batch of open-source projects on GitHub. VBFT algorithm combines Proof of Stake VRF and Byzantine Fault Tolerance . This allows consensus to be reached among nodes faster and more efficiently and is a substantial advancement among current consensus algorithms. April 25 : Ontology (ONT) releases their IDE -0.46% (integrated development environment), Smartx. April 26: Release of a number of official Telegram groups including those in: English, Chinese, and Korean. Community run groups include those in: Spanish, Italian, Dutch, Vietnamese, Turkish, Japanese, Russian, and Cantonese. April 26: Release of Ontology v0.7 and Public TestNet (code named: Polaris). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs, smart contract pre-execute, interoperability across VMs, NeoVM v0.7, Doc. Center, SmartX, and more. It has been noted that almost all of trading volume (90%) for today is coming from overseas exchanges. It is noted there is renewed interest from Korea with 59.52% oif daily exchange volume coming from Upbit.
by CryptoTradeSignals