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Ontology / Bitcoin

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ONTBTC trade ideas

ONTBTC - looking for a lower highHello Fellow Traders, First of all, if you agree with this idea please give it a like. It will motivate me to keep on posting more content to you all. If you have idea’s than you can share them in the comments below! History showed that it isn’t wise to predict if price will go up or down. You must take all possible outcomes in consideration. Everything is possible at any moment at any time. I will share my thoughts of the current market situation and any possible targets. You can make your conclusion out this and make your own decision how to play it! On the chart you can see that we broke support twice. I believe that we will see a retest of that broken area before dropping more. Everything under 896 sats is just a lower high. 854 is a important level because there we have the broken support which can now act as resistance. If we can’t move to that level we might drop to the next major support @ 700 sats. -Cynocephalus volans -
Long
by CryptoColugo
Ontology ( $ONT 1D) the change we are waiting forThe cryptocurrency market while volatile is also very well calibrated. Some of you may be thinking of a possible new “alt season” coming. ONT seems to not have been left out buy the buyers and I envision an increase in price VS BTC in the future. The tide lifts all the boats. Some things may signal the beginning of a new uptrend. - The breakout of the trendline - The flattening of the daily EMAs - The coin did not make a new low (698 sat support) - The spike in volume - Staying in a range - Bullish divergence can be noted on the daily RSI. In my opinion the coin can be add to a diverse portfolio if it can complete a “double bottom” on a weekly timeframe (close above 1189) . It is still too early to tell. Patience is key. As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_ Disclaimer : This is not financial advice as I’m not a financial adviser. This is just my knowledge on what can be said from the chart. Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis. Everyone is wise to manage their risk properly when considering any trading decision or activities.
by DecisionDoji
2
🎓 #TradeUpdate 🎓 $ONT / BTC 🎓🔸Signal Info: Ontology Rank: #27 Exchange: Binance Direction: LONG 🚩 Margin: x5 🔸Status: Ontology has performed well for us so far. It has been grappling with the resistance level set out by the previous wave down, but it has beaten the high from that zone just to the left on the chart. That resistance could well have been flipped by now. Bitcoin fell off a fair deal over night and I'm seeing that many Altcoins are testing and establishing support for the next moves. It appears that ONT has held and rebounded, but Its about time we tighten the stop and reduce the risk to profitable number. Raising the stop trigger to just bellow the local action. ❇️Position is up 75% (+15% x5 🚩) 🔸Current Price: 8710sats ❇️Entry: 7550sats 🎯Targets: 9780sats, 11500sats, 15300sats ⤴️Exit: In profit - 8090sats
by Lord_Horst
Bless Us $ONT $ONTBTC #Ontology Weekly ONT on the weekly showing a major downtrend since all time high. Price currently sitting at 899 satoshis, stochastic rsi showing momentum is in favor of the bears on the higher timeframe which is a good sign we could be seeing a reversal. Weekly (Zoomed In) Taking a closer look at our weekly we see ONT has formed a double bottom and found support at the 650 zone. Momentum looks to have formed a higher low, which is another good sign that this could just be the beginning of a big move. Daily Looking at our pattern timeframe we see ONT has broken out of a minor downtrend and tested again for support, this is when we saw momentum shift towards the upside. Price then set a higher high on Jan 31st with 825 satoshis, and has since been continuing toward the upside. Feb 4th left a strong bullish engulfing candle, destroying our resistance from the Nov 23rd consolidation which leads me to believe we will also destroy the next resistance of 1000 satoshis. A daily close above 898 is a good sign we are heading up. he Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Long
by UnknownUnicorn2434649