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Ontology / Bitcoin

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ONTBTC trade ideas

ONT just joined the DeFi + Polkadot narrative in one tweet! Ontology (ONT) has been endorsed by China this year - www.coindesk.com They've also now joined the Polkadot and DeFi narrative - twitter.com That makes this Gann 50/50 target for Mid-November look very probable indeed. Buy volume has been increasing throughout August on both the BTC and USDT pair. If we get a break to new highs, the Chaos PRZ drawn off this consolidation aligns almost perfectly with the Gann 50/50 target. Very bullish on ONT.
Long
by Randomtask555
1
ONT / BTC Local downstream channel step 70%. Potential bowlONT / BTC Local downstream channel step 70%. The price is in the middle of the channel. There is no entry point right now. Quite an interesting surveillance tool with potential good entry points and bold targets, but not right now. Input + Target 1) Entry from the bottom of the channel upon confirmation of support and significant buyer's volume. When entering from the bottom of the channel, the first target is + 70% (channel width). Further, how the trend will develop. 2) Enter on a breakout or pullback after a breakout of the resistance of the given channel. Globally, a bowl with fantastic target can form, this channel can act as a component of the 2nd phase of this formation. Target levels are shown on the chart. Remember, the level is a zone, not an exact line on the graph. Stop loss Use Stop-Loss, but consider the volatility of the trading instrument. Also include logic and understanding of where the crowd places stop loss according to TA rules. Therefore, when the Stop-Loss is reset, there is a large liquidity of orders for the market maker to set a position at a discount with a small percentage step. Nobody will pull passengers. The same coin is paired with USDT. ONT / USDT. Downlink. Local uptrend. Trend reversal zone
by SpartaBTC
1
ONT / BTC 4 HOUR LOOKS READY!ONT, Sorry that i haven't been a while here! We are building some nice things for you guys like signals and other good stuff! So keep an eye on my tradingview! The markt is juicy! Looking hot on 4 hour as well on the daily, volume is running out that means momentum is building! Also we are consolidating under a big OB for a view days now! ON the daily you can see big candles red one / green one / red one means this could be a rally explosive move for ont! For fun some targets for you guys! Keep an eye on ONT looks really good to me!
by Marcelvv
ONT/BTC | Macro Trend Reversal | Key Level | Trade Setup Today's analysis – ONT/BTC – establishing an S/R flip retest above structural support. Points to consider: - Bullish price action - Trend Reversal - Support Confluence - Volume Influx - RSI ranging above 50 ONTBTC trading in a healthy uptrend, breaking its structural resistance with multiple bullish engulfing candles indicating strong buyers in the market, forming a bullish bias. Price breaking bullish from its inverse head and shoulders pattern, forming consecutive higher lows and higher highs is indicative of a macro trend reversal. A successful S/R flip of structural support as it coincides with the 200 EMA will solidify the trend reversal. There is a clear volume influx coinciding with the break of the key level, follow-through is required for continuation. The RSI is currently testing the 50 level, it needs continue ranging above 50 to maintain strength in the market. Overall, in my opinion, a successful S/R flip retest backed by volume validates a long trade to technical targets above with risk defined below structural support. If you’ve read this far, I’d like to thank you for following my work and development as a trader! As always, Focus on you, and the money will too!
Long
by Kudiiee
2