ONTOLOGY: MARKET RECOVERY & PARTNERSHIPS - PROFIT = 139.29% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this b uy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 139.29% PROFIT!
The increase in price may also be explained by positive developments including:
April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT 37.84% -13.16% protocols.
May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets.
May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure.
May 14: The Ontology Foundation and the NEO Foundation signed a memorandum of understanding on May 14th, 2018, concerning strategy and technology integration.
May 24: Following the signing of the MoU, the Ontology Foundation and NEO Foundation have announced to co-fund a Joint Task Force with a total capital contribution of 4 mill CNY -0.70% .
May 25: Ontology Announces the Economic Model Design of the Triones Consensus System. Based on the Triones Consensus System, the Ontology team uses: 1. ONT -1.90% a cryptocurrency coin of main chain services & ONG a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with COT ( IoT 0.00% 0.00% technology strategic partner.). Under Ontology’s strategy, Ontology and COT will co-build a platform combining Ontology’s chain network model and COT’s IoT 0.00% and intelligent hardware.
June 4: Ontology Launches Ecosystem Accelerator Program (Ontology Olympus Accelerator). The Ontology Foundation will invest approximately 1.5 billion USD worth of tokens, all of which will be used to support the future development of existing startups.
June 5: Ontology and PTS Announce Strategic Partnership to Build a Blockchain-Based Credit Data Exchange and Financial Services to Empower Real Economy.
June 6: Ontology announces the first batch of the Ontology Advisors Group (OAG). The advisors will provide a full range of strategic and industry consultancy for the Ontology ecosystem.
June 10: Ontology announces token swap in conjunction with mainnet launch.
June 12: Ontology Enters the Automobile Industry with CarBlock Partnership. CarBlock will build a transport data platform based on blockchain technology and vehicle network intelligent hardware. CarBlock will use data to tap into the one trillion US dollar -0.48% -0.06% automobile market and create a brand new smart transport ecosystem.
June 14: Ontology successfully switched to VBFT on Tuesday. Performance tests are showing tps of more than 5,000 without parallel processing, sharding, or FPGA.
June 19: Ontology and Contentos to Collaborate on Public Blockchain Solutions for Content, building a new global decentralized digital content ecosystem (distributed infrastructure with video applications and people).
June 25: Onchain wins the Microsoft -0.06% Accelerator Shanghai Graduation Award.
June 30: Ontology notes that it will commence a token swap on June 30 with ONG distributed to all token holders.
(NEW) July 11: Ontology Enters Gaming Industry with Partnership with Cocos. Cocos has 1.1 million registered developers around the globe and 300,000 monthly active developers across 200 countries and regions. Games developed on the Cocos engine cover all game types on the market, which accounts for 30% of global market shares and 45% of Chinese market shares.
(NEW) July 12: Ontology Adds IdentityMind Global to its Partner’s List to Perform Know Your Customer.
(NEW) July 17: Ontology announces its cooperation with CertiK, a well-known American formal verification company. Both parties will work together in formal verification and enhance the security and reliability of smart contract and blockchain systems.
(NEW) July 27: Binance completes Ontology mainnet swap.
(NEW) July 31: CoinMex lists Ontology.
(NEW) August 2: Ontology, formally announces their strategic cooperation with Adrealm, an open ecosystem network for digital advertising.
(NEW) August 9: OWallet, Ontology’s official desktop wallet, has been officially released, including Ledger support.
(NEW) August 15: Spuul, Movie Platform with 60 Million Users plans to build new dApp Spokkz on Ontology
It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
ONT
Ont trade ideaHuge reaction to the touch of the bottom support, a long green candle with volume is a bullish sign for sure but don't fomo!
It lost 85% in one month, a bounce is normal, it does not mean it will revers now to ath and it's correcting after such a run.
3000 satoshi is an important level, it did not made a lower high for the first time since june
My plan is to enter on the retest of ~3000 sat level
Targets for a swing trade
~4000sat (0.236 fib) +35%
~5300sat(0.382 fibo) +70%
Stop
~2900sat -4.5%
Risk reward ratio 17.5 !! This is huge and it compensate the lack of confirmations (chances of winning decreases but odds are too good not to take the trade)
If you want to hold long term you can target 7000 and 10000 satoshi
Sigue nuestro anterior análisis ONT BTCNos encontramos dentro de la corrección en escalada con la onda 4. Por ahora nuestro anterior análisis sigue vigente y aquellos que entraron en el momento indicado ya se encuentran en una operación positiva.
Mi análisis me indica que esta onda 4 puede hacer una corrección con una salida escalada en 61.8 fibo (5400 - 5700 ) pudiendo alcanzar una corrección del 50%.
De cualquier manera vayamos paso a paso y esperemos salidas escalonadas.
Saludos y cualquier pregunta saben como encontrarme!
Felipe Escalante
ONT - Digital movementONT - Digital movement
- Slight correction and further up at 35370, then fall back to the region with target 28750.
- The continuation of the ABC wave with the target at with the target price of 45790 of the wave
TP: 4579
- The reversal of the downward wave will continue with the downward trend with the target price of 8250, the target trading range can reach 5000 sts.
EP: 8250
Recommended EP: 5000
* Trading puts 5% SL
** Target price at will update after completion
*** Transaction can change up to 1 level of Fibonacci
Wish you successful trading
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ONT - H4 - Update EPAs the previous report we have updated the current price is a good EP to buy ONT, however, when the price comes here we have recalculated the target and found that not enough correction to enter the new uptrend.
For that reason we changed the EP score for ONT - Binance Trading Platform as follows:
EP: 2737
TP: 13821
TG: 20572
And similar to the previous news, you should notice the price 8323 in case the ONT can not complete the trend and continue its bear market.
Note the SL for your transaction, wish you a successful transaction!
Team Tradecoinplus
ONT in a bullish breakoutONT has broken out of the descending parallel channel that has kept the price in it for more than 2 months. The price action has created series of lower highs and lower lows which pushed the coin all the way to the 0.000180, the lowest levels since March '18. The breakout occurred yesterday as the price comfortably closed above the upper trend line. It is to be expected to have a retracement to re-test the trend line, now as a support, before the coin may continue its potential move to higher levels. Looking at the big picture, ONT hasn't even retraced to 23.6% Fibonacci level, which is the first Fibonacci level. A higher move will see at least 38.2% but this would mean that the coin broke above the trend line resistance, which is a bull/bear line for this coin. If, on the other hand, we see a move back to the inside zone of the channel, this would result in a false breakout on a weekly/monthly chart, an ultimate bearish signal that would push the price to lower levels from here.
Ontology Price Squeeze Inviting BuyersOntology is one of the NEO tokens, and all of them seem to be extremely undervalued at this stage. Current price action shows the price squeeze and ONT could be just about to break above the downtrend trendline.
There are two interesting facts: First is that the price has reached and cleanly rejected the 227.2% Fibonacci support, that is $1.03 - an extremely strong psychological support as well! Second is that the new Fibonacci time zone cycle has just started, meaning that the timing for the buying opportunity could not get any better.
But at the same time, to confirm trend reversal, price has to break above the downtrend trendline. When/if that occurs, price could ether start rising slowly or potentially skyrocket without much notice.
First resistance is of course near the previous high at $12, and of course $10 psychological level should be watched. Break above previous high might push as high as $100 in the medium to long term.
ONT - Bullish Short Term (potential inverse head & shoulders)Bounced at one of the last few supports remaining. Impulse wave up on 5m scale (15m is the lowest allowed for Published Ideas). Potential Inverse Head & shoulders
ONT has been oversold on the Daily for over a month. Are we looking at the beginning of a Reversal that many of us have been looking for? Too early to tell but if we complete this 5-wave structure, this would be a good sign.
SHORT TERM TARGETS:
Entry: 2288 - 2314
Target #1: 2468
Target #2: 2550
STOP: 2229
Ontology (ONT) Bounce from support, likely drop, possible long.Ontology just had a bounce from lows with the obvious bull div indicating rising support. Now this is the first zone of resistance that we could not break before. The RSI shows a lack of support at this price, so be cautious.
I would consider going long once the cloud is breached. This is because we are previous support as indicated by the 1 day graph. A bounce is not uncommon when this happens. I believe a bear flag will occur here, which might be a good 5-10% trade.
The only problem is that I feel BTC still has more room to drop, so I am more inclined to believe this rally will fail. I am posting this because ONT is just so incredibly low it will be interesting to come back in a few weeks and see if support has held or we are on path to 2264.
For long term players, pick up some here.
Thanks for viewing. Hope you are doing well in this market. If it makes you feel any better I lost over 10% on TRX after transferring it to my online wallet to participate in voting only to have btc fall. Keep in mind I had to lock my TRX for a period of 3 days, so I could not do anything and had to eat this loss. If you are short, congratulations on the xxx% gains.
ONT / BTC // LONG SIGNAL // Patterns BAT // Impotant supportsont 1.89% btc -5.78% is forming a very interesting BAT pattern ..
for those who wish to invest in the long term we are already positioned
and crenado a block that really the price parce that is respecting. let's wait for a positive operation
there are always good opportunities in the markets
"""PATIENCE!!!!!!
ONT Going UpONT has broken out of the falling wedge, and has now bounced off of a very strong long term support on the hourly charts. The rsi on the daily has been oversold for a while, which is also the first time it has been oversold in the history of ONT trading on Binance. This might be a good trading opportunity. Cheers and goodluck trading guys.
$ONT paired with $USDT overbought & possible trend reversalDecided on another entry here with $ONT paired with $USDT based on 1D bullish divergence indicating a possible trend reversal to the upside and also off the .618 fib. Price re-testing previous support, oversold on 1D as well as 4H oscillators. Im anticipating price to head into VPVR levels on the 4H. As always, indicators give us great signals and high probability trades, however the market can go against you at any time. All it takes is a MM $BTC dump and Alts go with it. Risk management is king as I always say. My stop loss set up just under previous swing low support at around -5% approx. Prior gains and risk/reward potential far outweigh my stop losses getting taken out in this case. I use the TTPro tops and bottoms alerts indicators developed by a friend and mentor. If you are interested check them out at turbotraderpro.com Not financial advice, trading crypto can be risky, please do not base your trade decisions on my posts. Do your own due diligence. Peace.
ONT - FIB SALE for Ontology - 78.6% of it's June/July pricesLooking at the daily chart for Ontology, it has a very fast correction and is finding support on the .786 Fib retracement mark. Bullish divergence on the CCI and a bullish crossover on the MACD may indicate greener candles in the near future. I'll be watching for a confirmation bounce showing me strong buyer support, but this is a steal of a price.
ONTOLOGY - FREE FALLING. Where will it stop?Ontology has been falling freely since 7 June. The price has depreciated by 68%.
It is moving below 9-day EMA which is a big problem. It is now moving into a critical zone, 0.786 Fibonacci level.
This corresponds to 0.0003575 BTC. The RSI has been way too oversold for so long. It's just a matter of time when it reverses.
It should rebound from the 0.786 level else it's gonna run into some serious trouble.
The profit taking targets can be next fibonacci levels.!
Wait for the signs of reversal before entering any long positions. If the current support level holds then i will enter the trade.
(I can post the chart with in depth analysis using indicators if people need it, but as for now, this should suffice.)
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
ONT looking bearish As it is the case with many other altcoins, ONT is looking bearish. Similarly to IOTA, ONT performed a perfect re-test pattern and continues to go down it seems. The coin is still trading within a channel/wedge and it is unable to test the resistance of the channel but on the other hand, it is constantly creating a series of new lows. The price action failed two times at the horizontal resistance area and it is now pushing down again. The first level of support is the previous horizontal support to the pair around 0.0003700, if that breaks, then look for a bigger move to the downside to test the channel support. For the coin to recover, it first needs to clear the horizontal resistance before eventually racing higher to test channel resistance in the 0.000300 - 0.000320 area.
ONT has showed some life but i think we have a lot further to goMy Fibs origin is at 0.0000001 due to the airdrop to the community ONT had performed very well during the bear market but unfortunately, I see a long way before we hit the bottom, Volume has dropped by 75% and the market is being dominated by bots so they will dictate ONT path. We saw a decent little bounce today as bitcoin began ranging sideways and the sellers are still out in force. 79% retracement will place us in the 26k sat range, i am looking to buy at the weekly order block of 22k sats and the daily order block of 16k sats to complete the retracement and preparation for the next big run. REMEMBER this coins bottom was literally 0 a few months ago.
Happy Trading