ONTUSDT.P trade ideas
ONT - Daily - "Looks Quite Bullish""👍✋Not financial advice, do your own due diligence ✋👍
//////////////////////////////////////////////////////////////////////////////////////////
🛑Legacy🛑
- Linear Regression Line(LR) is the green/red worm-like line.
- Major Resistance Line(MRL) is the color fuchsia.
- Major Support Line(MSL) is the color aqua.
//////////////////////////////////////////////////////////////////////////////////////////
➡️Technical Standpoint⬅️
1.) Its willingness to stay above the LR signals a change in trend.
2.) Currently at a major support line and holding which is a plus.
3.) Personally looks a lot like a fake head and shoulders. Market volatility can force it downwards to make it seem like a real one, but in reality its just to fill larger positions, and return back up.
➡️Fundamental Standpoint⬅️
1.) NEO and ONT tend to move together. NEO has news in march regarding NEO 3.0 testnet, and eventual mainnet.
2.) The Chinese economy has been growing even during this pandemic. Great sentiment for both projects.
➡️Current Season⬅️
- Altseason; about a few days into the new season transition.
ONT/USDT expanding wedge + support zone (Long)
Hello dear friends. I know that many of you like to trade altcoins while bitcoin is in a correction or in a fall.
This coin ontology loves to follow bitcoin, but since a mega alt season is expected for all of us soon, take a closer look at the purchase, with a short stop loss.
Target ones are indicated on the chart + decreasing volume - indicates a return of the price to the lower border of the wedge. From these values - find a good point for yourself in the long.
If the wedge is broken, as well as the support zone does not resist, the price will be brought to the value of 0.375 - 0.41
Do not forget - it is not yet the alt season, but the transfer of money is taking place gradually - all the more, this coin has a large accumulation range on the Weekly TF.
ONTUSDT Bullish scenario and opportunity for 32% profitONTUSDT has suffered a large correction and returned back to previous resistance to now find strong support.
The downward trendline was broken and ONTUSDT has now retested it giving perfect entry point for bullish scenario.
This could be a good opportunity for short term profit on ONTUSDT. Golden cross is also in place in the 6H frame.
Therefore,
Entry: Current Market price
Target 1: 0.5895 USDT
Target 2: 0.6540 USDT
Target 3: 0.6853 USDT
Target 4: 0.7301 USDT.
STOP LOSS: around 0.4716 USDT
Good luck!
ONT is forming beautiful setup here, what do you think guys?This is not a financial advice. Always do your own research :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry
ONTUSDTHello dear friends, my name is Mustafa
(MR.MB) And I hope you are well.
We have ONT currency analysis
For the first step as
I considered this profitability.
Of course, for more confidence, wait for the triangle to break validly and for the price to stabilize above it.
I hope you are always full of profit.
Friends, this is my personal analysis that I would like to share with you.
ONT is on fire 🔥 Hello guys, I hope you have booked an amazing profit in xzc. I shared xzc signal on 6th January and xzc has given over 3x profit. Today I have brought a new coin which is looking so bullish. Personally I am expecting a great reversal from here it has already broken the triangle and and most of the indicators and divergence are also showing bullish. I have given the minor resistance level and I believe ontology will break all the resistances and touch at least 1.5 dollar in next 1 month.
In the last I would like to say that these all are my personal opinion do your own research before investment because I am not financial advisor.
ONTUSDT 1D-TIMEFRAME ANALYSIS✨ONTUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the ONTOLOGY BLOCKCHAIN
My idea is that the pair will go higher
Breakthrough the R1 is key
The first target is 3.2 Dollar
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰