ONTUSDT trade ideas
ONTUSDT buy opportunity? 👀Hello Traders, Hope everything is going well .
Today I want to share my thoughts on ONT. About 50 days ago, ONT broke out of the descending line ( yellow line ) and made a pullback to it and that was
a perfect buy opportunity ( 121% growth ). What now?
As you can see, ONT was moving in a triangle and has managed to break out of it so by the rules of triangles, the first target is around 2.22$ and 2nd is 2.88$.
But there is a static resistance in the way of ONT ( purple range ).
So in my opinion, if you are a risky person, you can buy it here with a stop loss of 1.4$ but if you want to buy it safe, then you can buy it when
it breaks the resistance and consolidates above the purple range or in the pullbacks to the purple range.
Long term target could be the ATH 8.5$? 👀
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on ONT. ✌
ONTOLOGY EVERYTHING AS EXPECTED, WHAT NEXT??Hello Traders, I made an Analysis on this Pair a few days ago explaining why I expect another Bullish Impulse. Price Played out Exactly as we Expected. However, we are getting signs of a Retracement on the Daily Timeframe.
so what Next?
I have Identified my Fibonacci Levels and I will be waiting Patiently for Price to give a Bullish Price Action on any of these FIB levels before a Continuation.
You can Capitalize on the next Trading Opportunity by Marking these levels on your Charts and wait for Price to React to it.
#ONT if break 1.5 weekly , it's time to buy and hodl it, and be happy .
this is my opinion ,so first check and then get the position.
ONTUSDT (4h chart)ONTUSDT (4H CHART) Technical Analysis Update
ONT/USDT currently trading at $1.55
Buy-level: $1.55 - $1.60
Stop loss: Below $1.39
Target 1: $1.80
Target 2: $2.00
Target 3: $2.25
Target 4: $2.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ONT/USDT Update: Targetting >1300%. So far >300%.We are currently at 300% from our entry point and are looking for a final target of 1300%.
ONT gained some serious momentum.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
#ONT - #ONTOLOGY GOING FOR ONE MORE WAVE UP?Ontology has broken the previous top on 4h chart with a strong impulse. Now it's approaching a long term resistance, so there is a good chance to see some kind of pullback before one more potential wave up. Let's see the price action.
Will ONT continue the uptrend or enter the correction trend?ONT After breaking its down-trend by wave (3), it pullback to the same broken trend in the form of wave (4) and is now forming its next wave.
The price of 1.6 to 1.8 is a strong resistance for this currency. If it can cross this range with high power and volume and pullback on it, we can consider the started wave as a sub-wave of 3 from wave (3).
By examining the indicators in the daily time frame, the divergence between the last two ceilings is quite visible, and if the volume decreases and the price fails to cross this resistance, we should consider the emerging wave as wave 5 and wait for the correction.
Try to breaking parallel channel in ONTUSDT Daily ChartHello everyone
I expect ONTUSDT to go this way
ONT 2 year old resistance testingOntology is testing a 2-year-old resistance, a place where it's been beat down 4 times, if it breaks this resistance can easily see a berzerk move.
Not financial advice.
Ontology ONT ONT forming very bullish formation on ONTUSDT chart
ONTBTC triangle with horizontal resistance line MA's crossed
Still dont pumped
Best regards EXCAVO
🔥 ONT Triangle TradeONT is currently residing at the top of the triangle, potentially breaking out of it. I'm expecting that ONT will bounce off the resistance once more and move towards the lower support line. Around that line would be a great area to step in for the best risk-reward ratio.
A decent longer-term target would be the current local high around 1,60.
Happy trading!
Ontology: Going LongONT's price action is looking bullishly healthy. Here's a convenient set-up for those interested in taking a position. I trade all these swings right alongside you; these are my actual positions. My entry point is always the current price before you update the load bars. I am not a financial advisor. Join me at your own risk.
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