ONT/BTC Needs CorrectingAfter a major Bull Run, ONT is in correction mode.
On the Daily Chart ONT seems to be forming an ascending triangle, however, as we look closer in with smaller timeframes, we can see that ONT is correcting.
On the hourly chart, ONT has formed a H$S pattern.
I believe this pattern will finish ONT's correction.
I'm aiming to enter at around the Purple support line, or near the Yellow support line.
Good Luck!
Ontology
$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!
ONTOLOGYONT/BTC ... 4 H
Is moving in an uptrend channel but stuck under an important resistance level which is indicated in the chart.
If #ONT crosses the level and stabilizes over it, will have the potential to start the third wave of uptrend and can reach for higher targets in mid-term.
You can trigger an entry point after resistance 65-68.
Until #ONT is within the rising channel, it has the potential to grow.
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!
Ontology is waiting for the breakout. Good buy opportunity (ONT)Ontology has bounced quite nicely on the first support at -23.6% retracement. Although this level is quite low for an actual retracement, the bollinger bands are showing us less volatility and maybe a prep up for another big wave. Compare it to the bands before the second wave (number 2).
Targets can be set to 7000 satoshi. GL!
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.
ONT/ BTC Let's pick up this gem 22% profit ahead. We have to wait for confirmation, we might see a pullback first before we can enter this trade.
Buy: Wait for a close above resistance with an hourly candle
Target 1: 0.005856
Target 2: 0.006350
Target 3: 0.006863
I'll only give small updates on Twitter.
Good luck ;)
Best Time To Buy ONTONT successfully sporting triangle pattern. Best time to buy ONT at bottom price. Buy between 0.0004520 to 0.0004600 for both long term and short term.
ONT launching their main net in Q2 SO so we can expect ONT price will go very high. it can explode .
for short term traders
T1 0.0005595
T2 0.0006666
Best of luck . Enjoy your profit.
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).
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....
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.
What is that a cup for ONTs? Why, yes it is.It feels great when a chart is so ridiculously good looking like Ontology here. Has a lot of good things going for it and it appears as though it is coming down from (3) just in time for you to light the jeep on fire and go for a joy ride on (5). This one has a nice little swap action with QLC, they are definitely runway battling for glory.
I've got a prostate the size of a honeydew and a head full of bad memories.
xoxo
GoldenParachute