ONT
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.
ONTUSDT - Weekly analysis ONTUSDT is printing a falling wedge pattern on the weekly timeframe.
RSI is printing a bullish divergence signal.
Potential breakout.
Buy entry ⬆️ - breakout above the falling wedge inclined resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown below the support level.
✳️Ontology/USDT Analysis (7/1) #ONT $ONTONT is under selling pressure at 0.6$ zone, which is an important resistance zone because if ONT breaks through this zone, ONT will rise sharply to 0.8$ and 1.1$ by the end of January.
If ONT continues to fail at this 0.6$ zone, it will fall as hard as it did in December.
📅NEWS
No News
📈BUY
-Buy: 0.57-0.6$ if A. SL if B
📉SELL
-Sell: 0.8-0.84$. SL if A
-Sell: 1.05-1.1$. SL if A
♻️BACK-UP
-Sell: 0.57-0.6$ if B. SL if A
-Buy: 0.38-0.4$. SL if B
-Sell: 0.38-0.4$ if B. SL if A
-Buy: 0.3-0.32$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ONT found support after a failed breakoutONT is range-bound on the weekly chart. It's been ranging between $0.50-$1.00 in the past few months. Currently sitting on support levels on the 2 and 4 hourly charts. It's just taking off from the support zone of $0.50 so it's the beginning of the new cycle. Since this coincides with the current bullish market, it presents a great opportunity to accumulate before new retail investors step in.
Target 1 - $1.00 - approx. 75% profit
Target 2 - $1.20 - approx. 110% profit
Target 3 - S1.50 - approx. 163% profit
Target $ - $1.95 - approx. 242% profit
As per usual, this is just my personal opinion, not a financial advice. Please do your own research.
2 hourly chart
4 hourly chart
ONT / BTC Work in a local trend. Trend reversal zone.A local uptrend is developing. The price approached a very important area of potential trend reversal. A good entry point is indicated when the price breaks out and consolidates above the downtrend line. Potential reversal of the secondary trend.
Former trading idea for the ONT / BTC pair on a more global scale of work.
ONT / BTC Local downstream channel step 70%. Potential bowl.
Trading idea of trading this coin against the dollar.
ONT / USDT Down channel Local trend Trend reversal zone.
Trading is a higher psychology, understanding the desires of people and as a result of their future actions using numbers and a graph without contact with people themselves.
✳️Ontology/USDT (28/10) #ONT $ONT #ONTUSDTONT is clearly in a downtrend and once in a downtrend, ONT is always falling so strongly and so horribly that we should be scared.
ONT can easily reduce up to 50-80% in downtrend, a terrifying reduction.
📈BUY- LONG Strategy
- Consider buying at $0.4
- Buy at $0.25
📉SELL-SHORT Strategy
-Sell at $0.55 and stop loss if 1D candle closes above $0.55
♻️BACK-UP Plan
Buy when the ONT rebounds and closes a 1D candle above $0.55
Sell at $0.65 and stop loss if you close a 1D candle above $0.65