$ONT Potential ascending triangle as continuation of the trend..$ONT Potential ascending triangle as continuation of the trend..
UCTS buy on the 1D (66% up since our first tweet)
EMA200 acting as resistance w multiple tests
Volume decreasing,testing trendline is key for deciding
RSI bearish div...
Wait for the chart to unveil itself!
#ONT
ONTBTC trade ideas
ONT/BTC compounding my long position- I was already in a long for ONT which i called on the cryptology discord: discord.gg .
- I still think we have more upside in ONT and i will be looking to add on above that 1h breaker which would give me a nice 4r trade.
If target gets hit this would mean a 12% increase of my trading account as i risked 2% on the first entry and i am looking to add 1% risk on my second compunding entry.
ONT/BTC Testing testing testingIs there anybody out there?
ONT breaking through resistance that shows up as a daily triple top. If it can flip resistance into support and retest we're looking at the dotted lines as the next significant resistance levels. And then...
ONT saw 10 straight bearish weeks resulting in a 77% drop in price so once the price finds that space there might not be much in its way.
The break of that key resistance also saw the third largest bullish weekly volume since Ontology hit Binance. Can ONT follow in the footsteps of LTC and BNB?
We shall see.
Breakout pendingThis $ONT trend has been developing for 30 days now - Once that ceiling is broken you would expect a decent return - Entry is tough on this one as exposure down to a sensible stop loss is too big as things stand - 6%+ is too much for my liking.
May have to wait for the breakout, if it comes, and look to get the retest as that ceiling has stood firm, so it should act as a strong support too.
I will just be watching for the time being and see what happens before making some kind of decision.
Moon for ONT! (Massive Ascending Triangle Forming)ONT has been preparing this moon for over a month with this massive ascending triangle.
A massive uptrend is expected with prices of ONT coming into contact with the support for one and final time before retesting the resistance at 2610.
Bollinger Bands are also looking very optimistic with the bollinger bands range covering the ascending triangle and also continuously rising in order to support the break out of the ascending triangle.
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Long opportunities:
Buy when prices hits/comes close to the support of the ascending triangle
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