ONTBTC trade ideas
ONT/BTC trade ideaHi traders, please let me know what you think of my trade analysis below, I am wanting to improve my TA and would greatly appreciate all feedback and ideas.
As you can see on the chart ONT has been correcting for some time and has now found itself at the .786 fib. We have seen a small bounce already however its hardly significant enough to confirm and restored uptrend, so I am currently buying a small position at the first buy zone. If the fib fails, we have a strong uptrend support below that has been validated before and gives us confidence that it will hold. Our stop loss is set just below here if it too fails.
Will wait for a uptrend confirmation in the candlesticks before entering a larger position. I will move my stop up with price over time as we approach the recent high.
RSI is very low and the last time it was at this level we at least saw a small bullish move.
IS THIS A REAL BAT ON ONT LET US SEEWe think that ONT Finished to form bat pattern and we will start to go up targets you will find on chart
STOP LOSS close daily candle under Buy area
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ONT probable rebote en las proximas horasONT lleva mas de mes y medio cayendo en picada lo que lo ha llevado a estar en sobrecompra basandons en el RSI en las graficas de 1 dia, sigues escalonado hasta las
graficas de una hora, en las graficas de 15 minutos al momento de escribir esta publicación, se encuentra con divergencia alcista con el RSI, puede que sea el inicio de un fuerte salto después de caer casi 12% en 24 horas.
ONTBTC a long opportunity ahead (profit possibility upto 81%)The price action is getting dropped and I am expecting it will be dropped between 0.618 to 0.786 fibonacci and from this area it will bounce back to hit the sell targets insha Allah.
The targets are:
Buy between:0.0002170 0.0001812
Sell between: 0.0002453 to 0.0003297
Regards,
Atif Akbar (moon333)
#BINANCE #ONT/BTC PRICE PREDICTION AND ANALYSISOnt/Btc is so Bullish now bcz Bb is Starts squeezing and specially EMA is curving on between the candles and ready to be in bullish mode.
in 6hr TF kdj is also moving up and about to break the resistance line.
And in All TFrames macd is climbing but slowly that will help ONT to be in bullishness.
For Me, it should hits 25300-25600-26000
#Goodluck;/
Ontology ~ 2 scenarios could be played outHi Folks,
We have still time to go to reach one of the Demand Zone.
I think after reaching one of them we will see a retracement or reversal.
My charts are clean - I don't use many indicators and I am trying to trade from Price chart and Supply Demand Zones.
ONT - Clean LinesClassical Fractals forming coupled with strong FA, good market structure and clean OB set-ups.
No brainer.
H12 close above weekly resistance / C&H neck will set this bird free.
Take a slice of profit at first price line following neckline break, and feel free to add more upon retest/retrace.
Can easily go much higher up to ATH.
ONT/BTC drop done or one more Leg down? Ontology support zonesOntology looked to be topping already, and then BTC went ballistic.
ONT fared better than many Alts/BTC and held expected supports.
Correction MAY be done, but one more leg down is quite possible.
Red 4.236 was the minimum expected retrace even before BTC spike.
Red 3.618 has shown some strength with a precise bounce at 2848.
Red 5.618 will be final support if BTC makes another strong move.
Immediate concern is the resistance zone at 3100.
Break and hold of 3100 invalidates the ABC plotted.
2500 would be a great entry if price reaches that low.
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OntBtc Trading opportunitiesFrom my last OntBtc call where we spotted the bottom of the falling wedge to pick our long entry till now has earn us huge reward.
Right now I believe there is need for an update since we completed the first phase of the wave cycle and right now retracement is expected.
Spotted price breakingthrough the rising wedge which is potential short signal.
Kindly follow the suggested Buy zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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