ONTBTC trade ideas
Ontology - A safe risk-reward ratioLines for trading
Ontology seems to be a safer risk-reward longer hold for those with interest in less volatility and stronger trend.
Lines of important resistance / support have been marked also using fib
ONTBTC - Good buy opportunityHere's a sweet Symmetrical Triangle , waves indicated by arrow and Target given by T1 and T2. Mostly chances are with upside breakout...
Blue range determines the Final target. Currently, the market is testing a golden ratio of 0.32.
If pattern breaks then it may probably come to our support range(Purple box)...
Trade with stop-loss
ONT about to break againWe have ONT looking like it is in the 3rd of the 3rd of the 5th...targetting about 3900-4200
Do your own research though...what do I know :)
ONT-BTC 300% TargetMarket moving strong into this supply zone, next significant resistance is the supply zone near the highs. Given the potential momentum this market will have approaching the upper supply zone. I expect the market to take the highs, distribute and close within the upper supply. Target just above the highs.
Very clean chart with little consolidation to date. Hence, little resistance above. The high momentum and volume indicates that only the highs can reverse the market.
Very strong project. Price action and fundamentals very similar to NEO.
My analysis shows we are in Alt-season and this is currently the best looking chart out of all Alt-coins.
3W Heikin Ashi Analysis: Very strong bullish reaction after the Heikin Ashi doji was printed.
3D Analysis: Market is trending very strongly with very high volume.
Get ready for ONTGained important level.
Consolidation looking like accumulation because of gained level.
Not the highest probability trade but R/R of 8+.
Manage your risk on account appropriately (smaller because of high fail rate of high R/R setup)
ONT looks beautifulPLacing some orders around 2750 SAT. S/R flip, already tested EQ but think it will tap that green resistance again before another leg up.
Ontology bullish trend continuationOntology consolidating in 4th wave ascending triangle and looking primed for next 5th wave higher.
On the breakout the target would be 3700-4000.
All the best :)
Trade specific details on group chat:
t.me
ONT/BTC - retrace expectedONT/BTC not having an exciting reaction to the ascending gann fan line, therefore I expect a retrace to one of the lower green boxes.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
This is a log chart.
ontbtc - adjusted target - more clearwe go purple(hype fib wave counting) or blue( normal fib wave counting)?
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more clear already finished movement, refer to bnbbtc 2hr chart and thetabtc
ONTBTCONTBTC
Entonnoir : W/D/H4 (swing)
Biais weekly toujours haussier. On a un beau rebond en cours sur la zone de S/R des ~3000 avec cette belle étoile du matin en daily. Les BB se referment et donc je m'abstiendrai de trader jusqu'à la prochaine sortie de compression daily avec cassure des ~3400.
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Funnel : W/D/H4 (swing)
Still a bullish bias on weekly. We're having a nice throwback on the zone of S/R at ~3500 with a beautiful hanging man on daily. The BB are closing so I'll wait for the next daily compression breakout above ~3400 level to make a move.
ONT/BTC correction done? Or one more leg Down? Ontology UPDATEOntology pulled ahead of the pack and is now resting.
While its bull chohorts are bouncing, ONT is lagging.
I think it needs to complete an ABCDE correction.
It is possible that correction is done, with a simple ABC.
But it pierced the red 3.618, implying the 4.236 is target.
I also dont like it getting hung up at the red 2.236 so long.
So while it is POSSIBLE the correction is done, the evidence is unclear to me.
This is part of my ongoing analysis of Ontology.
Starting with an observation of two important resistances, which if broken implied big rally
Then I saw a top coming and posted alert here
Last post was to look for correction, which shows PERFECT COMPLETION
BUT I am not liking the behavior since.
So am prepared for one more leg down.
Time, Periodicity and Repetition in the crypto marketsIn this video I talk about how to add the component of time, periodicity and repetition in your trading. Becoming a master at observing patterns and fractals is key to success. Finding similarities between coins that pump and make the connections. I go through various coins like Komodo, Groestlcoin, Dmarket, CVCoin, Ren, Litecoin, Monetary Unit, Zilliqa and Ontology.
ONT let's goWould love to see ONT coming back to 2600SAT and than rally back to EQ of that order bock around 4000SAT and maybe even reach for that red line around 5500 SAT
ONTBTC - potential for upside.Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
ONTBTC signalling a buy at this level.
Target 1: 3600
Target 2 (moon): 4350
ONT nearing buy zonePlacing bids for ONT here. RSI nearing oversold reversal point. The last couple times we have seen ONT hit these points in the pattern we have seen a strong overall move to the upside.
