ONTBTC trade ideas
Ont/btc potential bottomOnt/btc
473 sat is all of time low support for ont
It can be the potential bottom before next move
Also with tether pair ont very close to very strong key support around 0.5$-0.51$
You can see here my analysis against usdt :
I expect move from this area but if you looking for safe entery you should wait to see the action price at this point then decide to enter
If you entered blindly at 473sat then your stop should be daily close below 469sat
ONT/BTCI really shouldn't be bullish at resistance, but here we go.
The whole market seems shaky, that's what crypto twitter feels like anyway. Ontology is looking to break this resistance line. Tested so many times, it has to break eventually! If it does break it, then we are going for a run. I have been buying on dips. I can see this doing an ICX style run like what happened in January of this year.
ONT/BTC (Strong Bounce, Testing Key Resistance)BINANCE: ONTBTC
-Ontology bounce strong and confirmed the upward trendline support
-It is now retesting the flat area of resistance around 800 sat range
-If we can see a resistance breakout and a good retest to become new support
-It is a signal of a strong trend reversal in the midterm
-The upside potential target is up to 1500 sat (previously strong support)
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ONT/BTCONT is now facing a huge resistance after a massive pump since 3 days. Breaking this level, which means ONT breaks out of a 1-year accumulation zone, would lead to a huge potential upside.
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Ontology Ready To Grow, 140% MappedOntology (ONTBTC) is moving above strong resistance, which opens up the door for additional growth.
In the weeks to come, we will see Ontology grow by 140%+ based on my calculations.
We have strong indicators, the MACD and RSI are both showing bullish signals.
We also have strong bullish action taking place with stagnating volume... A continuation signal in favor of the bulls.
We can expect more green.
Conditions for change
We stay bullish as long as prices remain trading above MA200. If prices move below we switch to bearish.
Namaste.