ONTUSDT trade ideas
ONT buying opportunityFolks,
As I have been very interested in the Polkadot ecosystem and I am also very interested in projects that are built on the Polkadot ecosystem.
Here is 1 that is interesting.. ONTOLOGY!
From the Technical perspective this has a quite steady rising curve.. Even without lots of momentum the price is making steady gains.
What I see now at the daily chart is that there is Tweezers top being formed.. This has bearish implications.
There is this psychological price that is hard to be broken. Normally prices decline after this pattern. But hé this is the edge people talk about.
Earlier we see prices decline by an average of 13-15%. I expect it this time to.
Be patient, be open and be flexible. When price falls back jump at it and buy in ..
After that $1.55/$1.60.- is price target!
Bearish ONTUSDTThe chart has just completed two Bearish nested BAT patterns.
It is likely to go down until the next important support in the chart.
ONTUSDTIt is located inside a good ascending panel and from here you can experience a correction. This correction can happen first to the middle of the channel and then to the bottom line. The best time to buy is to see the appropriate candle after reaching the low trend.
ONTONT is suspected of forming the head igi in the daily lime and due to rsi, it is possible to form it.
Ont/UsdtHy ontology fans! Ont need to break the heavy rectangular resistence in order to move up. Once it break we can see ont to $1.8 are. We hope it will rocket soon🚀
ONT/usdtont out of the limit The probability of price increase after stabilization and pullback is high
Ontology ONTUSDT - Descending channel +1500% Next wave- Ontology ONT Rank #100 Coin
- On the chart we can see a descending channel, which is broken by the bulls
- We have a retest of the channel with success.
- Profit target is 1.618 FIB
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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ONT ascending triangle ONT broke up from but was rejected by significant and big resistance at 1.264, this level was big support and resistance also in the past (BTC drop was in same tame, so its questionable was it rejection or it was pulled back down by BTC). Now we can see formed ascending triangle under 1.5318 and also inside of ascending channel that started to show up, so we have one bullish and one bearish pattern on this 6hr timeframe chart. MACD looks like its ready to go up and RSI is in the middle of the range. Se we are 50%-50% for both ways. I think that this most likely will be decided by BTC direction. If LONG, breaking up from 1.5318 would be good entry if you are into swing trading and first TP could be 1,264, since we have real chance to be rejected at least one more time... I would consider LONG mid term hold entry only if we break up from 1,264 (retest would be best and safest).
ONT/USDT THE MONSTER IS SLEEPING MONSTER IS SLEEPING AND IT WILL WAKE UP SOON
Quote from an analyst ( NAIF_CHART) 6/MAY
TP1 : 2.5 $
TP2 : 4.4 $
TP3 : 8.0 $
TP4 : 22 $
NOTE :
** this deal is your responsibility .
** this drawing is a personal diligence and please do not take it as a recommendation
ONTUSDTPurchase order for ONTUSDT currency in time frame daily and it is better to use step purchase.
ONTIn the short term, one can expect growth up to the first target
In case of Pullback, yellow areas are suitable for purchase
If you cross the resistance, buy it in Pullback
Good luck
ONTUSDTUpdate:
ONT is now trading at resistance and the next major resistance is $1.25-$1.3 zone.
You can take some profit here or increase your stop loss to near $1 zone.
ONT/USDTONT moved as predicted and now at the resistance of $0.98-$1 area. If you holding ONT then book some profit here or increase your stop loss to near $0.9 area.
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ONTUSDTUpdate:
ONT moved as predicted and now at the resistance of $0.98-$1 area.
If you holding ONT then book some profit here or increase your stop loss to near $0.9 area.
What is stopping you from buying when the risk very low?Current Market cap $619.117.309
And there is Realized RHODL Ratio. In this chart u can see we are on the bull run, somebody does not sell any BTC so if u sold out, so don't wait for the Big Guy call u and say "Hey bro! Let's buy Bitcoin!!"
www.lookintobitcoin.com
Look at The Puell Multiple chart. It's not today, not tomorrow, but this will happen soon, nobody buy then who buy?
www.lookintobitcoin.com
There are some coins,tokens with low risk mybe u refer: Grt, Ont, Bel,...
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed. Good luck!!
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ONTUSDTUpdate: ONTUSDT
ONT is now trading near the support of $0.765-$0.784 area. We may see a bounce from the support zone towards the resistance of $0.86-$0.865 area. The next resistance after this is $0.98-$1.0 area. ONT need to hold the support zone of $0.765-$0.784 otherwise we see more dump in coming days.
Expect an increase of up to $ 1I see candlestick formation in the daily pivot, but due to its location in the Como cloud, I do not expect a sharp drop, and I mostly expect it to settle in the range of 0.95 to 0.78, which is the resistance of 1.618 and 1 Fibonacci, respectively, since There is a possibility of a cross over the narrowed Como in the possibility of a cross. We are, and I think this pullback is in line with the double botton pattern
