ONTBTC trade ideas
$ONT, Wait For It…
Daily
Looking at our trend timeframe we see price is currently respecting our downtrend line, stochastic rsi showing momentum in favor bulls. However we are at a current pause right now and should expect some retracement. Expecting ONT to for a double bottom at our 2000 level, however if we get a daily close above 3500 expect ONT to push towards 5000.
Setting up a trade using Ichimoku on ONT BTC DailySince I learn best when going through examples, here's a trade setup using notes from this article,
www.forexstreet.net
Pre-flight checklist for trading w/ Ichimoku:
1. Price versus the Kumo = bearish or bullish
2. Type of territory = bearish, normal or bullish territory
3. Tenkan Kijun (TK) Cross = bearish or bullish cross
4. TK Cross signal strength = weak, neutral or strong signal
5. Chikou Span vs Price = bearish or bullish
6. Kumo Future = bearish or bullish
TL;DR
Bullish TK Cross but:
* Market sentiment is still bearish
* Weak signal strength (below Kumo)
* Bearish Chikou, below price of 26 periods ago
* Kumo Future still bearish
Hence, no trade atm.
Thoughts? Thanks
ONT/BTC. big move coming ;)The key levels of the IP1 pattern:
L1 = 23.6%
L2 = 9% (market-entry level)
Stop = 0% (a stop-loss order should be entered at this level, because
if the price does not break the 0%, the pattern becomes false).
Target = 50% (a take-profit order should be placed at this
target level).
ibb.co and here success rates ibb.co
Another Push?Note: I'm posting this for my own record for improvement. Not advice.
Squeezing to the end of the bull flag. Could expect another push up to resistance. Stop loss at 0.0003319.
Any tips or advice are very welcome
ONT is going to make another leg-up!ONT has been falling since January. The volume has also been very weak but these days we can see a big change.
Moving Averages crossed the lines which indicate bullish signals.
Enter price:
1) 0,00032
Exit price:
1) 0,00052
2) 0,00070
3) 0,00086
ONT Playing Out The Waves. Good Buy Soon!After a long downtrend it looks like ONT might finally be coming back up!
ONT looks like it just completed Wave 1 of the Elliot Waves. So once it completes wave 2 down, we can get in a good position to start playing the waves up.
Note: Once it does hit our buy zone targets at the end of wave 2, you should have some time to get in the trade
because there's usually a bit of consolidation and it moves sideways for an amount of time.
Once wave 1 completed, I was able to map out the trade using Fib Retracement. So here are some of the entry and exit points I came up with using Fib:
Buy Zone > 2600 - 2850
-Buy Zone at the end of wave 2
Sell Zone > 5050 - 5300
-Sell Zone at the end of wave 3
Re Entry > 4200 - 4600
-Re Entry at the end of wave 4
Now of course these numbers can go higher or lower. TA isn't exact or necassarily correct some times. It's just used as a guide and a map that most of the time works.
IMPORTANT: We must also put into consideration that we are still in a Bear Market, and BTC is still in a downtrend hitting lower
highs and lower lows, and in my personal opinion is likely to continue to fall. So if BTC suddenly drops off sub
5800, then this ONT trade might just fall through. Just be very cautious trading right now and set up a Stop Loss
to prevent big losses.
Disclaimer: I am not a financial advisor and these are just my personal opinions from the knowledge I've gained.
ONT forming a Bullish GartleyONT looks like it is forming a bullish Gartley. This harmonic pattern is known for appearning in trend reversals. Could this mean the beginning of a new alt season? Let's see how it plays out. I've got my orders ready!
Ontology had to confirm the down trend at some timeBut we should not trust it, since it only confirms the down trend. Still it has been a huge opportunity in this low markets. Actually, these are the chances one can take in a bearish cycle. Especially the ones who don't like the shorting gamble. But markets shall continue to fall, therefor I see Ontology coming down again, too. But strong support is close by and I wouldn't be surprised if we see another strong move up sometime soon, even if it is only to confirm its down trend for another time.
Price projection: Fractal dates Aug 30, 0ct25-Nov 2nd It be amazing for ONT to create a channel here, with upward motion.
Promising bounce, can the momentum carry?
Wish you all the best, carry your SL!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
ONT/BTC - Possible Reversal?Hey guys,
Take a look at my idea.
ONT about to break the 34k resistence.
I wil take a chance and buy above 34k if break with a daily candle.
High Risk trade.
*Do not take as a trade recommendation
ONTOLOGY: MARKET RECOVERY & PARTNERSHIPS - PROFIT = 139.29% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this b uy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 139.29% PROFIT!
The increase in price may also be explained by positive developments including:
April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT 37.84% -13.16% protocols.
May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets.
May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure.
May 14: The Ontology Foundation and the NEO Foundation signed a memorandum of understanding on May 14th, 2018, concerning strategy and technology integration.
May 24: Following the signing of the MoU, the Ontology Foundation and NEO Foundation have announced to co-fund a Joint Task Force with a total capital contribution of 4 mill CNY -0.70% .
May 25: Ontology Announces the Economic Model Design of the Triones Consensus System. Based on the Triones Consensus System, the Ontology team uses: 1. ONT -1.90% a cryptocurrency coin of main chain services & ONG a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with COT ( IoT 0.00% 0.00% technology strategic partner.). Under Ontology’s strategy, Ontology and COT will co-build a platform combining Ontology’s chain network model and COT’s IoT 0.00% and intelligent hardware.
June 4: Ontology Launches Ecosystem Accelerator Program (Ontology Olympus Accelerator). The Ontology Foundation will invest approximately 1.5 billion USD worth of tokens, all of which will be used to support the future development of existing startups.
June 5: Ontology and PTS Announce Strategic Partnership to Build a Blockchain-Based Credit Data Exchange and Financial Services to Empower Real Economy.
June 6: Ontology announces the first batch of the Ontology Advisors Group (OAG). The advisors will provide a full range of strategic and industry consultancy for the Ontology ecosystem.
June 10: Ontology announces token swap in conjunction with mainnet launch.
June 12: Ontology Enters the Automobile Industry with CarBlock Partnership. CarBlock will build a transport data platform based on blockchain technology and vehicle network intelligent hardware. CarBlock will use data to tap into the one trillion US dollar -0.48% -0.06% automobile market and create a brand new smart transport ecosystem.
June 14: Ontology successfully switched to VBFT on Tuesday. Performance tests are showing tps of more than 5,000 without parallel processing, sharding, or FPGA.
June 19: Ontology and Contentos to Collaborate on Public Blockchain Solutions for Content, building a new global decentralized digital content ecosystem (distributed infrastructure with video applications and people).
June 25: Onchain wins the Microsoft -0.06% Accelerator Shanghai Graduation Award.
June 30: Ontology notes that it will commence a token swap on June 30 with ONG distributed to all token holders.
(NEW) July 11: Ontology Enters Gaming Industry with Partnership with Cocos. Cocos has 1.1 million registered developers around the globe and 300,000 monthly active developers across 200 countries and regions. Games developed on the Cocos engine cover all game types on the market, which accounts for 30% of global market shares and 45% of Chinese market shares.
(NEW) July 12: Ontology Adds IdentityMind Global to its Partner’s List to Perform Know Your Customer.
(NEW) July 17: Ontology announces its cooperation with CertiK, a well-known American formal verification company. Both parties will work together in formal verification and enhance the security and reliability of smart contract and blockchain systems.
(NEW) July 27: Binance completes Ontology mainnet swap.
(NEW) July 31: CoinMex lists Ontology.
(NEW) August 2: Ontology, formally announces their strategic cooperation with Adrealm, an open ecosystem network for digital advertising.
(NEW) August 9: OWallet, Ontology’s official desktop wallet, has been officially released, including Ledger support.
(NEW) August 15: Spuul, Movie Platform with 60 Million Users plans to build new dApp Spokkz on Ontology
It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
Ont trade ideaHuge reaction to the touch of the bottom support, a long green candle with volume is a bullish sign for sure but don't fomo!
It lost 85% in one month, a bounce is normal, it does not mean it will revers now to ath and it's correcting after such a run.
3000 satoshi is an important level, it did not made a lower high for the first time since june
My plan is to enter on the retest of ~3000 sat level
Targets for a swing trade
~4000sat (0.236 fib) +35%
~5300sat(0.382 fibo) +70%
Stop
~2900sat -4.5%
Risk reward ratio 17.5 !! This is huge and it compensate the lack of confirmations (chances of winning decreases but odds are too good not to take the trade)
If you want to hold long term you can target 7000 and 10000 satoshi
Sigue nuestro anterior análisis ONT BTCNos encontramos dentro de la corrección en escalada con la onda 4. Por ahora nuestro anterior análisis sigue vigente y aquellos que entraron en el momento indicado ya se encuentran en una operación positiva.
Mi análisis me indica que esta onda 4 puede hacer una corrección con una salida escalada en 61.8 fibo (5400 - 5700 ) pudiendo alcanzar una corrección del 50%.
De cualquier manera vayamos paso a paso y esperemos salidas escalonadas.
Saludos y cualquier pregunta saben como encontrarme!
Felipe Escalante
