ONTBTC trade ideas
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-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.
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.