ONTBTC trade ideas
ONT CHART TARGET$ONT this time price 0.00080000 btc
$ONT Target
1 0.00084000 btc
2 0.00087000 btc
3 0.00090000 btc
4 0.00093456 btc
5 0.00095432 btc
Must use stoploss at 0.00078661 btc
#ONTOLOGY #BITCOIN #BITCOINPRICE #TRADING #BITDHARMADescending traingle, accordign to the statistics the breakout should be downward.
ONT - Do's and dONT's 4HR chartI feel kind of bad. Almost every chart I am putting out these days seems to have the feeling of sell sell sell and wait for the drop.
Onto ONT. This (chart wise) has been quite spectacular throughout the last 2 months. Holding its sat value of at least 7.9k.
I believe this has a high chance of being over. Not only did the rally up around June 6th fail to break previous highs, but we recently went under our old lows of 7.9k. The moving averages are also looking like poop.
My predictions for the fall (if it does of course which i believe it will) BTC looks horrible after all.
Drop to 6357-6678 with short bounce upwards to 7k-7.25k.
Then drop to 5600-5900 before making an actual attempt to regain its old value. The beautiful thing about a drop to this mid to high 5k range without bounding around at mid 6k, is that there is a lot of open space to encourage buyers to gain profits before we reach our old support of 7.9k. Also this decreases the chance that people who bought at 7.9 will want to sell out before we re-test at 7.9 (the concept of the cycle reaching 7.9 for a final re-test to be over)
I could say more, but it just seems like a waste of time at the moment. If this drops i believe it will most certainly hit 5.6k-5.9k. There is simply too much support at this level and too little in between.
Tl:DR The more lines closer together the better the resistance.
ONT going for a down swing?Last week ONT was in a triangle, to me it looks like it's breaking down.
I'm thinking, in bull case, it could go sideways a bit and extend the triangle.. then move up. But I think it's less probable. ONT had a really good run, made 5 elliot waves, double topped, with the 2nd top done on less steam.. it's kinda expensive to pump more at these prices, besides last season it made ~500% vs BTC, one of top gainers.. mainnet launched.. so maybe it's time for a swing down.
The break of the major support line is bothering..
Symmetrical triangles have ~50/50 chance of breaking up/down, so in case you're long, keep a tight stop.
Mine just got triggered, so I'm stepping to the sidelines to watch this coins and see how it behaves.
ONT // BTC / Patterns BAT-possible rebound in bearish trend lineONT is currently forming a BAT pattern where
first rebound was at 0.78% fibonacci
and possible rebound in support area and reach the long bearish trend line
trading risk
1/1
regards
ont on the uptrend channel
fundamental
30 June 2018 (or earlier)
Mainnet Release
30 June 2018 (or earlier)
ONT ID Release
Ontology distributed identity framework (ONT ID) release.
Ontology [ONTBTC] Ready to Drop OR To Grow ??hey guys
this is my new chart about ONT
as we see 7708 great support maybe we will see bounce from there to 8200-8500
but if we break it ( 7708) down we will see 6800-4500 and it will good time to buy
now its better to wait
sometimes the big signal is no signal (:
click like and follow
and check my telegram channel for more charts
$ONT (ontology) Levelssupports and resistances for $ont.
let me know what do you think about it.
Thanks.
Ontology (ONT/BTC) bullish scenario After the last ABC correction ended we are seeing some short-term trend reversal. This is a bullish scenario as I think that the correction in which the price of Ontology is since 02.05.2018 is going to be a sideways WXYXZ correction, and I've projected the future price pathway that shows the end of wave Z would be on the channels support line, which means that an impulse wave is going to break out from the upside.
ont had its day - im watching dady ont! smiling neo/usd what?no rush in the crypto
get learn or get burnt
ONT short tradeONT is currently a good short.
it is at horizontal resistance
it has a bearish divergence on the 1hr SRSI
RSI is nearing overbought region
it is currently in an ascending wedge, which is a weak pattern but tends to break down
It is in the OTE entry zone for shorting
It has a larger bearish divergence on the 4hr SRSI
4hr is on 8 count for Tom Demark Sequential
The daily chart is bullish but pullback is needed, target is .0008-.00084
ONTOLOGY: MICROSOFT AWARD & UPCOMING MAINNET - PROFIT = 22.05% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 22.05% 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 -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.
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 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% 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 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 -0.06% 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).
(NEW) June 25: Onchain wins the Microsoft Accelerator Shanghai Graduation Award.
(FUTURE) June 30: Ontology notes that it will commence a token swap on June 30 with ONG distributed to all token holders.
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)***
Ontology, time to retrace! Patience is the key.Dear traders, hodlers and perhaps and hopefully future followers.
Here is my first outlook on the chart of ONT. On the daily we can see a red cloud forming. ONT already had a pullback like any other ALT due to BTC. But I think we still have a bit more to go. In the chart you will see were I will pick up a nice bag of ONT and hold it for the future.
Macd is bearish and RSI is oversold.
Trade safely, the market is crazy now.
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