ONTBTC trade ideas
It's time for Ontology to see some sunshineI seem to be still on track with my previous trend analysis on Ontology. Regardless of the recent market recovery, ONT was in an ongoing decline towards a major support line. I am very confident for Ontology to crack this down trend and manage to follow the general market sentiment. Not a bull market yet, but we are enjoying a little taste of it. Just a little.
ONT - Perfect 3rd - Target 400%ONT perfect wave 2 effect with a complex complex, the end of end is too big to the power of 3 hubs with strong 400% profit.
Also note that the 9400 is very important, as it can extend 3 more wave offs ONT 0.81% about 2600, default if this script is very few happened
EP: 4500
TP: 9000
TG: 22000
Good luck
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$ONT, Nose Dive.
Daily
Looking at our trend timeframe we see major resistance has formed at 9000, stochastic rsi showing momentum is heading towards the downside. Lower high and lower lows being formed, expecting price to fall towards 5000. Higher timeframes showing no signs of slowing down, will be watching daily for confirmation of reversal.
ONT finding support at FIB 382 this is looking like the end of ONT decline we have found support at the 382 level the perfect zone for any retracement. DMI is bullish along with Sqzmom indicator is showing a setup for a reversal with lowering sell side pressure. as well as the MACD looking like we are about to get our bullish cross this coin is cheap right now if we can get BTC to run we will see ONT pump trades wait for confirmation if we break this 382 level we can see more downside Happy trading love the comments and feedback its a learning process
Possible Bottom forming on ONTONT is possibly forming a bottom, there is a lot of support in this area though the volume has still not returned which is worrying.
ONT needs to first break and hold above 0.00059.
On the 4hr and 8hr the MACD is crossing bullish.
On the 4hr the Wavetrend is finally coming out of oversold territory where it was since the beginning of July. The 8hr is still oversold but crossing bullish.
On the 4hr we're also getting a bullish yume wave twist above the Miaku and 8hr looks like it could begin a bullish twist soon too.
There shouldn't be much resistance until 0.00073 - 0.00080
[ONT/BTC] FOLLOWING THE MARKET (POSITIVE SIGNS)• ONT Finding clear support at .0005300-.00005400 which coincides with a FIB retracement of 61.80%.
• RSI, which is bottomed-out or "oversold" at the moment, is showing signs of beginning its upcoming bullish rally very soon .
• Daily trade volume is still not showing much improvement.
• Bollinger Bands: Currently leaving the bottom band and in-route to middle B Band.
• MACD is about to crossover into bullish territory.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
ONTLong-term deal
The price is now above the rising trend line
The resistance line is expected to reach 8200 Satoshi, a strong resistance zone
It is possible to rebound from them again and then try to climb to be a rising triangle
In the event of a breach of the resistance zone 8200 Satoshi and stability above it will be purposeful
Resistance zone 11172 Satoshi and then new prices
The best area to buy between the price of 4550 Satoshi and 2900 Satoshi
Buy from current prices, for those who want to stop loss at 4000 Satoshi
I prefer buying in stages from current prices