ONT
ONT Proves Bear Market For Alt-Coins Is ToughBear Market showing how tough it really is when you consider it is still in play for the majority of alt-coins.
We covered ONT in a bullish way but it also rejected the EMA34 and started to trickle down again. This was due to a Bitcoin slope down, allowed Alt-coins to breathe again.
Still a waiting game.
ONT (Ontology) Price Prediction: Moving averages make it hard toONT faces strong resistance from the 20-day EMA. Also, ONT is trading below all the moving averages which shows the bears have the power at least in the short term. ONT has corrected close to 78.6% of the entire rally from the low of $0.40 to $2.17 and this is also a negative sign.
Although ONT has rebounded from the uptrend line, the 20-day EMA needs to be scaled to resume the uptrend. If ONT remains under the 20-day EMA, a retest of the uptrend line is more likely to happen again. It is very important support, if it is successfully broken down, a retest of the recent lows of $0.40 will be in the cards.
There are not any reliable buy setups, thus, traders shouldn't open any fresh positions at the current situation.
Bullish channel - ONTFollowing a bullish channel after the breach of a bearish channel the currency created a support at 0.00001025 where it coincides with the bottom of the channel. But we have some resistance warnings along the way and one of them is the EMA200 followed by a slight pullback resistance at 0.00001148. Worth to be aware.
ONT - Can it recover the losses from April to JulyCan we see a reversal with ONT, it is looking good for entry depending on BTC. We feel that ONT will move strong longer-term with a possible reversal due to its previous losses.
Keep to tight stop losses on these and wait for clear direction. Possible trend test of support is required first.
ONTBTC has hit the support | Upto 367% profit expectedThe priceline is moving within a falling channel and hitting the support after Dec 2018.
The MACD was strong bearish but it has turned to weak bearish.
RSI of week chart is visiting oversold for the 1st time.
Stochastic is also oversold and gave bull cross.
After taking complete price action of channel within fixed range of volume profile it can bee seen that the traders interest is weak here.
The priceline will move up soon to hit the sell targets insha Allah.
I have defined the targets as per fibonacci method and those targets are as below:
Sell between: 0.00021413 to 0.00035931
Regards,
Atif Akbar (moon333)
Ontology ONT / BTC - This MOMENTUM! BIG Falling WEDGEONT / BTC is in a great Momentum. We have a very powerful standard highly BULLISH . A great FALLING WEDGE is ready to go. Worth the risk. Time to multiply our BTC!
Come on! Are you prepared for bigger BULLRUN of all?
Many ALTs are ready in accumulation to launch the biggest wave of all. Wave 3 is larger and more impulsive. I hope it's ready. 2020 we will be MAINSTREAM. Big money is coming here. Who lives will see.
Observing the DOMINANCE of the BTC , we have a possible DOUBLE TOP . We are very close to an "Alt SEASON"
This time whales multiply their BTCs . Welcome back to 2017.
Are you ready?
It will be the biggest BULL RUN of ALL!
HERE WE GO! CAME OUR TIME!
ALT SEASON 2019!
HOOOOOOOOLD
HOOOOOOOOOOOOOOOOO IT
the rocket will start
Real money is made now.
2020 awaits us. Buy cheap from pessimists and sell expensive to optimists. The time is now. Only the strong survive
GO HARD!
Ontology is My Altcoin Pick.Hey! I am back with another Idea.
This time looking at ONT / Ontology.
I have been trading a ONT for a while now and studying this coin, it seems to have good fundamentals, active team and clear vision .
As I was going through alt coins and looking for a next one to put my Bitcoin in, I found out that this alt coin is showing some very good looking green moves and I really do like them!
- A very good looking uptrend
- Is able to test /stay in strong resistance zone for a while
- EMA trend have changed
- The price is still getting closer to resistance zone
- Has good buying power
- Good looking candles ..
I am able to find more reasons why I see a bullish outlook in this cryptocurrency but I think those reasons were just enough.
Would like to see more alt coins analysis and not only Bitcoin?
Let me know by hitting that "Agree Button" or comment down below as Your feedback is the most important.
Thanks and good luck trading.
Vrbovský
LONG - ONT - Trading Opportunity#ONT/BTC #Binance - 4H Bullish divergence and the market is turning bullish with bitcoin losing strength.Its time to take back those USD gains and make tons of BTC.
Entry: 0.0001340
TP 1: 0.0001403
TP 2: 0.0001460
TP 3: 0.0001540
SL: 0.0001280
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$ONT (bearish) Reached ATL BTC support level at 13500sats...$ONT Reached ATL BTC support level at 13500sats...
From what I can see from the chart, every prior iteration with this level needed way more volume that what is showing now & RSI was coming out from oversold...
At current market state, I guess we will see new ATL soon
#ONT
ONT will shine again soonONT made new lows yesterday but BTC might need to cool off here, as dominance has hit massive resistance (highs of the previous bull run)
If we could get a sustained bounce here, we could return to the POC/support levels and maybe even visit previous local highs
Altcoins are still very risky so close above support would be a safer bet
Flat Top Breakout in ONTwith BTC on a rampage ALT season should be coming soon. Lot of good plays that havve been consolidating and ripping. Loving the look on ONT we got a nice flat top forming here since March. We have our major moving averages curling up underneath to provide support. this could be a powerful break that takes it to 2.00 quickly if the breakout can hold and we can a candle on the daily to confirm
ONTBTC - Low Channel ONT coming into its historical background within a low channel. In the mid term depending on the volatility of the BTC can get to touch the top of the channel giving opportunity for profit within the next few days. RSI already points a larger fund than the last one formed. However he would wait to form a candle of reversal in the diary and enter the breakup.
Ontology 1:6 Risk setup - Easy money!Trading Signal - BUY
My buy price - 1570
My (Trailing) Profit Take - 1670**
My Stop Loss - 1550 **
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