ONTBTC trade ideas
ONT SHOULD PUMP SOONBUY : ONT/BTC BINANCE
BUY ZONE : 1600-1700 sats
TargetS:
1) 1800 sats (SHORT-TERM)
2) 1900 sats
3) 2000-2050 sats
BULLISH ALT SEASON TARGETS
4) 2150-2200 sats
5) 2300-2400sats
Stoploss : 1455 sats
Info :
Ontology has been consolidating around 1500-1700 sats for one month, same structure form in december last year after that we saw extrem spike more than 100 %
1D chart
Daily chart is ONT still bearish but alt season will come once BTC stabilize
4h chart
Forming descending triangle and it should bounce Up in upcoming days.
Good luck
$ONT Breaking above descending trendline...$ONT Breaking above descending trendline, for now rejected at 19.5k Sats similar to previous iterations over last weeks...
Showing some volume but I would like to see some continuation
For now I would wait for a flip over resistance or a retest of support as entry..
#ONT
Ontology $ONT $ONG dual chain token @OntologyNetworkSupplement to ONTOLOGY-ONT-GAS-ONG-akin-to-NEO-Gas-GAS-OntologyNetwork. Now includes technical analysis of ONTBTC
Ontology ONT and Ontology Gas ONG
Ontology uses a dual token model. ONT is a coin and can be used for staking in consensus, whereas ONG is a utility token used for on-chain services. ONT releases ONG periodically.
Why buy the cow to get the milk when you buy the cow (Ontology) and the milk (ONG)
Explained by technical analysis on the graph.
157,770,000 ONG in circulation. $0.420
Gauging fair value aside NEOGAS 10,128,375 GAS in circulation valued at ~$3.00.
Rationale similar to that of NEOGAS
Please see hoarding-NEOGAS-speculative-asset-with-towering-reward-risk/
All things point to yess on this pair!All things looking bullish on this pair of ONT / BTC we have a confirmation of a cloud break on the 1-5 minute charts as wells as a positive ADX and Aroon on everything from the 1 minute to the 4 hour charts, as well as things looking bullish for the 1 hour 2 hour and 4 hour.. When looking at the 1 minute we have a Cloud Break, A TK Cross over, Positive Thinning (not thickening Cloud build up) for an indication of a continuous uptrend and it not fattening and stalling out.. So I would bet all things continue to look good on this throughput the upcoming day!
Good luck everyone!
$ONT volume low for now but I can see this one catching up soon.$ONT Lacking of volume for now but I can see this one catching up market soon..
Retested ATL BTC (potential double bottom)
RSI & MACD rising..
Wait for volume // flip at resistance (19.5k Sats)
If you are into accumulation, buy below or as close as possible to 16ksats
#ONT
ONTBTCONTBTC
Entonnoir : W/D/H4 (swing)
Le weekly a fini par réintégrer sa compression (blanc) à la baisse ce qui nous a fait passer sur un biais baissier sur lequel on est toujours. Ce biais deviendra haussier si on réintègre le dernier creux weekly (entouré blanc) vers les ~2100.
Pour le moment, j'attends la sortie de compression daily (jaune) qui est pile à cheval sur cette zone de S/R des ~1600. Si on en sort par le haut, il y aura potentiellement un beau rebond à jouer.
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Funnel : W/D/H4 (swing)
The weekly has reintegrated its compression (white) which gave us a bearish bias until now. This bias will switch to bullish once the price reintegrates the last weekly bottom (white circle) at ~2100.
I'm currently watching this daily compression (yellow) which is right on the zone of S/R at ~1600. If it breaks by the top, there might be a nice throwback to play.