ONT
SELL ONTONT price is on a bearish trend and the price is currently overbought according to the stochastic RSI. The bearish momentum is well confirmed by the recent cross on the stochastic RSI, and possible sell trade could be initiated as of the current price, around 0.0003161 satoshi, or wait for the price to cross the lower trend line on the triangular trend. Take profit target could be placed at the lower support, around 0.0002706 satoshi, with a stop loss around the downtrend trend line, around 0.0003233 satoshi.
ONTBTC
ONT Loses Higher Low on 1HRONT lost the higher low on the 1HR overnight, so we are zoomed out to the 4HR. The bulls have a lot of room here to be able to set a higher low (>1.779), and it looks like we should set it here.
If the higher low is set, the bulls will look to break to a higher higher (>2.16) before setting another higher low and then another higher high to regain bull momentum.
Currently the bulls are fighting to regain the 12MA as support on this timeframe, but as you can see has been rejected over the last 4 bars.
A break of the 12MA would need to be followed by a break through the 26MA, and would set the bulls up nicely to come up through the 100MA and make a run.
For now, we watch and wait!
J-DOT-CRYPTO
Callin' it like I see it.
ONT 4HR Inside BarONT just lost broke the higher low on the 15 minute which caused a lower high to be set. Hit the reset button for the bulls! Looking for a higher high, higher low, higher high, higher low on the 1HR again!
Interesting set up on the 4HR currently! Inside bar, 1.977 to break bullish, 1.908 to break bearish! Set up looks like it would favor a bullish break, but with just losing the higher low pattern on shorter timeframes would tend to point towards breaking bearish.
ONT has been floating through a relatively tight zone for the past 24-48 hours now with 1-2 breaks.
Easy trading action if you're patient and paying attention.
J-DOT-CRYPTO
Call it like I see it
ONT IMPORTANT ZONEONT BREAKING THE 26MA ON THE 1HR! WATCH CLOSELY TO WATCH IT PLAY OUT!
Need a higher higher (>1.99) and then a higher lower (>1.906) to gain bull momentum! Then we will focus and watch for a tighening equilbrium pattern to form and watch for the same thing to happen (higher higher, higher low, higher high, higher low) on the 4HR timeframe!
J-DOT-CRYTO
Call it like I see it
ONT Bulls Break Higher High, Higher LowONT bulls come out swinging today and we are zoomed out to the 1HR! As you can see, they are currently holding the 12 Moving Average as support and trying to break the 26 Moving Average before a run at the 100MA!
MACD is bullish and separating shaping into a quite bullish set up!
We have have a higher low formed, and the bulls will now look to break to a high higher while regaining the 26MA as support! The zone between the 12 and 26 moving averages is tight, and the 12 is setting up to break up through if the bulls can keep momentum in their favor!
As always, set stop losses within 5-10% (depending on your preference) of the 12MA as it is working as our current support. If broke, there are a few support levels in the 1.90's that I think will hold us up for now.
J-DOT-CRYPTO
ONT Tests the 26 MAONT broke through the 12MA when it broke bullish on the 15 minute chart! As you can see above, it is current trying to regain the 26MA as support! I would love to see it smash through it here, but I would anticipate a failed attempt and healthy retrace.
If we retrace, the bulls will fight to keep the 12MA as support regroup and try again!
2.00 will be a big psychological level to break and regain as support as well!
J-DOT-CRYPTO
ONT Equilibrium Pattern Breaks BullishONT zone got VERY tight overnight allowing us to zoom all the way into the 15 min chart to follow. As you can see it became tighter and tighter until it came time to test the 12MA and 26MA.
Previous attempts have broke bullish on this time frame, but the bears finally tired out and the bulls take over the 15 minute time frame. Breaking the the 12MA and the 26MA and shifting their momentum and moving them in the right direction!
We now zoom out to the 1HR chart, and see what the bulls can do here. After the bear momentum yesterday the moving averages are primed and ready to come up and break through the 100MA to regain bull dominance.
For now, we wait and see if the bulls can keep it up!
J-DOT-CRYPTO
ONT Bulls Fight to Regain Moving Averages as SupportAs we have seen as of late, the ONT bulls have been holding the 100MA as major support on the 4HR chart.
Once the uptrend line from the bull wedge broke, so did each of the MA's as support on ALL time frames. And the bears are dancing.
I don't think the bulls are done yet, this is just a price correction and what goes up must come down. Healthy consolidation, but it doesn't mean we are in the clear.
If you are trading, keep TIGHT stop losses and watch the MA's on each time frame. Once we regain the 15min as support, zoom out to the 1HR, then 4HR, and 1D.
A lot of work cut out for the bulls, but a 20% bull run can happen just as fast as this 20% bear run.
-J DOT CRYPTO-
ONT continues to post lower lows- BEAR DAYONT continued to post lower lows throughout the day. Current showing a price of 1.975, and looking to set a new lower low.
Will continue to watch on the short term time frames to see if we can break to a higher high, higher low, higher high, and higher low before we zoom out to the 1HR.
Just when Twitter was covered in #AltSZN tweets, Bitcoin throws a dagger and plummets prices and market sentiment with it. Could it be a result of Eminem new album murdering everything it spoke of? Maybe, but probably not.
Stay tuned as we watch for the bulls to take back control.
SUPPORT
1.96
1.78
Resistance
2.00 (Psychological)
2.06
-J_DOT_CRYPTO
[ONTBTC] Ontology Back In Business [240% PP]Ontology (ONT) can be traded on Binance and it is one of the highest volume tokens on that exchange. Recently, Ontology had a very strong breakout and has been consolidating nicely.
A bullish pattern has formed on the charts and I believe a break up can happen soon.
Charts, signals & indicators
- You can see the bullish pattern in purple. This is either called a bull flag or bullish rectangle, it goes by different names.
- You can see the profits potential for this trade based on current price vs last all time high.
- Huge increase in volume can also be seen after the bottom was hit on the 14th August. And more volume keeps on building up.
- Very strong bullish divergence on the MACD, notice the huge jump in price after this signal formed.
- EMA10 (blue line) is now working as support... This is an easy trade for us.
Trade instructions for Alan Masters Trades supporters
Buy in: 0.000346 - 0.000387
Targets for Alan Masters Trades supporters
(1) 0.000404
(2) 0.000474
(3) 0.000544
Stop loss: (1) Close below 0.000310 on the weekly or (2) a close below 0.000268 on the daily.
Capital allocation: 5-10%.
GROWTH IS IN THE AIR
Next time you wake up, stop, remain calm, breath over and over... Remain in bed.
Take a few minutes for yourself, a few moments of breathing... Thinking of nothing, it is the perfect time to meditate.
Is there anything else that needs to be done?
No, that is all that it takes.
All you have to do is breath deeply for a few minutes, through your nose... Because GROWTH IS IN THE AIR.
Namaste.
A trading opportunity to buy in ONTBTCTechnical analysis:
. ONT/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0003200 to 0.0002200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0003200)
Ending of entry zone (0.0002200)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0004100
TP2= @ 0.0004500
TP3= @ 0.0005000
TP4= @ 0.0005530
TP5= @ 0.0006700
TP6= @ 0.0007840
TP7= @ 0.0009490
TP8= @ 0.0011590
TP9= Free