ONT/USDT In the Key area. Break and Upward Momentum is coming !!💎 ONT has indeed captured the market's attention with its strategic breakout from the descending channel pattern. This move, followed by a successful retesting phase, has propelled ONT into a significant upward trajectory. Currently, ONT finds itself at a pivotal juncture, confronting a substantial resistance area. For the bullish momentum to be authenticated and sustained, ONT must breach this resistance barrier.
💎 Failure to do so could trigger rejection, potentially driving ONT back down for a critical reassessment within the demand zone, specifically between $0.1895 and $0.1777. This retracement would serve as a platform for regathering strength, aiming for a rebound.
💎 Conversely, should ONT Break the resistance, the Probability could clear for a relatively unobstructed advance towards our targeted zones, including the supply and major supply areas.
💎 However, a less favorable scenario could unfold if ONT, while retesting, fails to uphold the integrity of the demand zone. Such an inability to sustain its position could spell a bearish reversal for ONT, potentially initiating a downward journey to reevaluate positions at more robust support levels. This shift would mark a significant transition from bullish enthusiasm to bearish caution in ONT's market narrative.
ONTUSDT.P trade ideas
ONT | It may be the biggest winner in October or the new BLZI haven't seen a bullish chart this for a while like ONT.
However, due to the presence of some signs of weakness and incomplete correction waves, this trade must be dealt with the successive entry strategy, or DCA.
You must deal this trade with extra caution, especially since it has already begun to exit the falling wedge on the high frames. However, because of what I mentioned above about the presence of incomplete correction waves, in addition to the possibility of it retesting the FW, we must enter in at least two parts.
Entry 1 : 0.177
Entry 2 : 0.117
Average (Suggested) Entry price : 0.147
TP1 : 0.21 (+40%)
TP2 : 0.29 (+100%)
TP3 : 0.35 (+138%)
Key point : Whether support is possible above 0.1619-0.1638Hello?
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(ONTUSDT chart)
(1W chart)
The key is whether it can rise to the 0.1695-0.197 range and receive support.
(1D chart)
It is expected that a full-fledged upward trend will occur only when it rises above 0.3443.
Accordingly, the key is whether it can receive support around 0.1638 and start rising above 0.2198.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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If supported by 0.1669-0.1638Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(ONTUSDT chart)
The full-fledged upward trend is expected to begin when the price rises above 0.5 and maintains the price.
(1M charts)
However, if the HA-Low indicator on the 1M chart falls and is created, it is important to see whether it can be supported and rise around that area.
If not, it is expected that it will be time to buy in earnest when the price rises above 0.5792 and maintains the price.
(1W chart)
To do so, the key is whether it can receive support by rising above the HA-Low indicator point (0.1695) on the 1W chart.
If it shows support around 0.1695-0.197, it is expected to rise to around 0.3519-0.42, the previous highest point.
(1D chart)
In order to turn into a short-term uptrend, the price must be maintained above 0.1619, which is the HA-Low indicator point on the 1D chart.
Accordingly, the key is whether support can be found until the MS-Signal indicator switches to a bullish indicator around 0.1619-0.1638.
If that happens, it is expected to rise to the previous high point of 0.2037-0.2198.
At this time, it is expected that a new trend will be formed depending on whether it is supported or resisted around 0.2198.
Therefore, if it shows support around 0.1669-0.1638, it is time to buy.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ONT/USDT longDirection: ⬆️LONG
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Position Size: 2 - 4%
Leverage : 5-10X
Trade Type: Standard
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ENTRY : 0.138 - 0.156
(OTE: 0.1475)
🔘Target 1 - 0.159
🔘Target 2 - 0.162
🔘Target 3 - 0.166
🔘Target 4 - 0.172
🔘Target 5 - 0.180
🔘Target 6 - 0.195
🔘Target 7 - 0.225
🔘Target 8 - 0.270
🔘Target 9 - 0.320
🚫STOP LOSS: 0.128
ONT/USDT LongONT/USDT (Binance, ByBit)
Direction: LONG
Position Size: 2 - 4%
Leverage : 5-10X
ENTRY : 0.1835 - 0.197
(OTE: ) 0.191
🔘Target 1 - 0.199
🔘Target 2 - 0.202
🔘Target 3 - 0.206
🔘Target 4 - 0.210
🔘Target 5 - 0.216
🔘Target 6 - 0.225
🔘Target 7 - 0.250
🔘Target 8 - 0.300
🔘Target 9 - 0.350
🚫STOP LOSS: 0.1765
🚨 Trade Update: ONT/USDT (5-10x)🚨 Trade Update: ONT/USDT (5-10x)
📈 Long Entry: 0.184 - 0.198
OTE (Optimal Trade Entry): 0.192
SL: 0.178
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.200 - 0.203 - 0.206 - 0.210 - 0.215 - 0.225
Mid Term: 0.235 - 0.237 - 0.250 - 0.287
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
ONT accumulation and possible big rally
ONT has been forming a Wyckoff accumulation schematic. Spring/Test phase is on-going with good buy volume (see the last candles).
As a result, a short-term setup is in chart.
I put also mid-term targets when this accumulation finishes: $0.4 and $0.7 are possible ones.
ONT: WHALE BREAKOUT EXPECTING 322%We expect that ONT can show a breakout of 322% in the coming time on different trend reasons as we did explain before.
The whale increase volumes go in 95% of the time in 1 or 2 candles increase with low time frame.
It's interesting for us to follow ONT to see if this expectation will play out.
WE expect that a whale breakout is going to happen on ONT out of the normally follow volume of BTC.
IS ONT READY FOR A BREAKOUT UP $1 BY NIGHT WHALES?We have been closely monitoring the trading volume of OGN before the breakout and after the breakout, as we anticipated a potential increase. After observing that ONT has a higher likelihood of breaking out and considering the stability of its market activity, we continue to follow this trend with the high chance that ONT can be the next increase coin.
We believe that ONT has the potential for an even more significant surge to OGN, and there is a possibility that this cryptocurrency may experience a breakout significant enough to reach a value of $1 with an unexpected volume increase by whales. Unexpected market orders adding so much LIQ that's going in sec volumes. when we backtest this volume we see this volumes increasing in one step view, adding later with extra market makers trend.
However, it's important to note that this target is merely an expectation, and it is crucial for us to focus on the current price and market conditions.
We will follow up and see if this coin will have an unexpected breakout in the coming time.
In crypto space time by time there happened unexpected breakouts, one of the breakouts that did affect the price is INJ and SNM, is ONT followed by the new increase of night whale increase?
ONT ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ONT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You