ONTBTC trade ideas
ONTBTC "Trading strategy using pull back"Hello traders,
Currently, not only ONTBTC, but also majority of altcoins are preparing for a major bullish trend along with BTC.
ONTBTC recently changed its velocity and was able to breakout. I'm happy to see today's drop because this can be a pull-back which is a buy opportunity.
Price target is based on previous horizontal resistance area.
Thank you,
After all, only Traders who have right strategies that penetrate markets will survive, not people trading with luck or without criteria.
$ONT, Crossing over ~8200 sats resistance level $ONT
Crossing over ~8200 sats resistance level following what market has been doing all day...
Crossing above EMA50
UCTS Buy signals on the 1D and lower TFs...
Looking for a potential R/S flip at this level as entry (may never happen) with 1st target at 9300 sats
#ONT
LONG - ONT - Trading OpportunityBroke big downtrend and had a nice volume spike this morning. Lots of Alts are booming and starting uptrend this looks like no exception.
Entry: 0.0000755
Target 1: 0.0000849
Target 2: 0.0000922
Target 3: 0.0000995
SL: 0.0000716
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ONT/BTC Trend Reversed...In this Chart, I find Doji and hammer which I mentioned already, with the help of these for a shorter period but the trend is reversed which will help us to hit our mentioned Targets.
we are currently standing on the exact Support area which is a + Sign.
Targets are Fib 0.38-0.50,
768-800 Satoshis....
Goodluck...
ONTBTC formed bullish BAT | Upto 56% move expected
Priceline of Ontology (ONT) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.0000757 to 0.0000701 sats
Sell between: 0.0000892 to 0.0001096 sats
So mid term trade has potential to give upto 56% profit move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
$ONT, Breaking from accumulation range over support level...$ONT
Breaking from accumulation range over support level at ~7200 sats
Volume slowly starting to rise (Tight SL just in case)
UCTS still quite at HTFs while at LTF is starting to show buy signals across multiple charts..
OBV bullish divergence
as targets ~8200 sats (10%+)
#ONT
#Ontology Good Areas To BuyEntry : 0.0000721 - 0.0000689 - 0.0000637
Target 1 : 0.0000803
Target 2 : 0.0000883
Target 3 : 0.0001011
Target 4 : 0.0001189
Target 5 : 0.0001386
Stop loss : 0.0000604
Risk/Reward : 10%/113%
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
ONT/BTC Bullish Trade Idea.Hi everyone,
Today I'm sharing with you my ONT/BTC idea.
The setup is very nice, but altcoins are kinda risky at the moment.
(BTC Dominance is high.).
ONT is testing an old support zone, and the price bounced violently(fibo 88.6) there last time, I'm expecting the same reaction again.
My Prometheus indicator is telling me that momentum is rising, and a bullish cycle might come soon. (Aka The market is seeing this support.)
Entry ~ 690 -710 = Support zone
TP 1 ~ 965 = POC/probably a lot of buyers trapped
TP 2 ~ 1645 = Huge Resistance there/buyer trapped
SL ~ 623 = below support zone
Of course, as usual, BTC can ruins the party, so be careful
Happy holidays everyone!