ONT looks good in day graph as other long term charts.If you look to the chart of 1W and 1M you will see a massive desirous CUP.
I've been waiting for long times to see ONT's breakout.
It seems like it has broke the resistance level and keep moving on the upside of bollinger bands.
If market keeps going like that, ONT may go higher and higher. It may finish the CUP formation before we wait.
But as I said you should know how risky market is. If dominance and total2 charts does not move as we want, then we have to stay away.
This is not a financial advice and please DYOR carefully.
I will be very appreciated if you leave a comment.
Ontology
ONT try to flip strong resistance ONT / USDT
on high time frames we can see its just starting to flip strong resistance since 2018 into support also volume is strong and possible gaint C&H pattern
If the bulls successed in flipping this strong resistance into support we will see more nice upward movements for ONT
Keep your eyes on it
ONT/BTC More than 30x for a new ATH is needed. Huge potentialONT/BTC shows very well how much potential is still left looking at ONT.
If we just look at ONT/USDT we still see some potential but here against BTC we see a different picture.
Since Bitcoin increased in value that much many altcoins did not recover that much against BTC.
The volume increased over the last months which is a bullish sign.
Take your target and be strong.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONT/USDTTrading suggestions :
When TRX/USDT was at the price of 0.05, it had a chart similar to this chart, but I did not publish it because it had a high risk, and I only buy it for investment, but this time, although this risk analysis has a high loss, I will publish it and ask you to be patient to reach the set Targets.
Technical analysis:
This is a long-term analysis, so please enter the low steps and the uptrend will continue until the orange trend line is broken.
If you want to buy in short term set your stop loss below the yellow trend .
Drop some feedback below in the comment!
Thanks for your attention 🙏!
Trade well, ❤️
ONTUSDT (Resistance breakout #ONTUSDT (1H CHART) Technical Analysis Update
Resistance Breakout
ONT/USDT currently trading at $1.94
Buy-level: $1.87 -$1.95
Stop loss: Below $1.78
Target 1: $2.10
Target 2: $2.25
Target 3: $2.35
Target 4: $2.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ONTONT / BTC has passed the resistance 0000270 which now seems to work as a good support, the level 0000315 has made itself felt but with the overcoming of 0000315 it could project ONT towards 0000370
ONT / USDT seems engaged in the construction of a triangular figure (often continuation figures) which could lead ONT towards the 2.30 area while the failure of the figure a return on the previous static supports