ONT
ONTOLOGY: VBFT 5000 TPS & CONTENTOS COLLAB - PROFIT = 14.16% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 14.16% 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. There are plans to add further programming languages in the near future.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT 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 million CNY.
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 a cryptocurrency coin of main chain services & ONG a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with COT ( IoT 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 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.
(NEW) June 10: Ontology announces token swap in conjunction with mainnet launch.
(NEW) 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. The platform will combine Ontology’s chain network model with CarBlock’s intelligent hardware and IoT solutions to efficiently and fairly circulate vehicle data within the ecosystem. CarBlock will use data to tap into the one trillion US dollar automobile market and create a brand new smart transport ecosystem.
(NEW) 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.
(NEW) June 19: Ontology and Contentos to Collaborate on Public Blockchain Solutions for Content Both parties will work on building a new global decentralized digital content ecosystem, combining distributed infrastructure with video applications and people.
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" used in this analysis is included as part of the Crypto Trade Signals subscription.***
ONT/BTC pre mainnet We can see that ONT has fallen from the previous trend line to the new support zone(4). If BTC bottoms out around 5k then we can expect the retest the previous support zone(3). If BTC has already bottomed at 6k then we should expect a continued uptrend movement in line with the new trend line all the way until mainnet release.
Bullish continuation pattern I really love this coin. This should actually be BTC or BNB... Ontology probably still the most reliable coin and following the rules of TA and not BTC. The only problem might be the higher influence of BTC whilst growing and gaining several random investors and wiping out the hardcore. We'll have to wait for BTC's move again.
This is a possible midterm target. We might be halfway the larger degree of Elliott waves and starting wave 5.
Ontology, ONTBTC - Ready for a Quick Recovery? As with BTC/the market, Ontology had to take a big hit the last few days but there are a few signs that could lead to a quick recovery.
Analyses
- ONTBTC recently broke out of a channel (blue) after making a full 5 wave up in this channel/timeframe (degree) and is now in a new downward channel (purple).
If we look at the EW of the correction, then we could count a 5, 3, 5 wave structure. If this is correct then we should expect a new impulse wave or at least a little bounce from here.
- The retracement has reached past the .50 fib level and is very close to the .618 - .65 fib level, which is usually where buyers come in.
- Also, you see a divergence in the RSI and MACD which indicates a weakening of the bearishness.
Must say that at the current market sentiment it's hard(er) to go for a bullish or recovery scenario cause there's still much uncertainty so be cautious and wait for more confirmation, change in sentiment or go for smaller size when trading for short-term gains.
But if we do get a recovery from this point on, then you can use the above projection as a guideline.
Leave a comment if you have any questions.
Like the post, if you liked it and share it if you loved it. This is for good karma.
And until next time, good luck with your trading!
ONT Update5 clear waves up (of a larger scale wave 1?). Bearish divergence on the 4hour and has just lost 21MA support. Wait for a retrace to re-enter.
ONTBTC Ready for new All time High . Get ready BULLS!Hi traders ! look at this potential coin . charts telling us bulls are getting ready to moon :D . wait for the retest before you could enter!
ONTOLOGY: STARTUP ACCELERATOR $1.5 billion - PROFIT = 49.04% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 49.04% 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. There are plans to add further programming languages in the near future.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future.
May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust.
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 21: Ontology announces Pre-Release v0.8 of MainNet on Github.
This Includes details regarding: Native Contracts, New Version of VBFT Protocol, Fee Calculation, Network Optimisation and CLI.
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 million CNY.
May 25: Ontology Announces the Economic Model Design of the Triones Consensus System.
Based on the Triones Consensus System, the Ontology team uses:
· ONT a cryptocurrency coin of main chain services.
· ONG a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with COT ( IoT 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 and intelligent hardware.
June 1: Ontology Announces the Triones Node Incentive Model. This includes defined rewards for staking.
(NEW) June 1: Ontology opens up Triones Seed Node Applications.
(NEW) 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.
(NEW) June 5: Ontology and PTS Announce Strategic Partnership to Build a Blockchain-Based Credit Data Exchange and Financial Services to Empower Real Economy.
(NEW) June 6: Blockfolio adds support for Ontology.
(NEW) 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.
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" used in this analysis is included as part of the Crypto Trade Signals subscription.***
bullish on ONTONT is one of my favorite coins for the month. It daily chart is absolutely beautiful.
In addition to the chart, mainnet release is scheduled for june 30th.
Assuming overall market doesnt completely tank, i think ONT should have a monster month.
entry: 11000
T1: 12500 (+13.6%)
T2: 16000 (+45.5%)
T3: 25000 (+127.3%)
stop loss: under break of trend line:
If we apply fib lines to each rally (starting from 1500) they all pretty much are in line with each other, which is where my T2 and T3 come from
I will point out, this RSI divergence is something to keep an eye on:
Ontology Upside potentialOntology (ONTETH) has been rallying the last few weeks and is now at resistance.
Price will likely continue its move up but it's important to see how it reacts from the current levels.
If price breaks through the resistance, we can expect the rally to continue to the all time highs around 0.0165.
If price drops down, we can expect the support area around 0.0125 to hold and the rally to resume.
Good Luck,
CryptoTrendline
ONT
Appears to have started a good move; subject to good market conditions and Bitcoin stabilization.
It seems that wave 4 of the correction phase is now completed and by staying within the ascending channel, can reach for higher targets in form of wave 5.
Stop-Loss at 0.00078
ONTBTC 03.06.2018 Just quick idea guys. Completing Wave 3 of probable bigger cycle Wave 1. Still 5% profit possible but with 30% of your capital. Danger game if you want to ride it from now. Spotted to late. Sorry guys.
ONT Possible Cup & HandleEither this scenario will play out or the cup might be made around my "partial target", which would raise the handle/cup targets.
Follow me. Future professional trader!!
Ontology – big bull flag formationOntology has been making a lot of bullish pennants of lately, I wrote about these extensively in my previous posts , following up a 5X increase on its price. I also called the top and urged to sell at least part of your positions at the points where the green straws / outliers of the candles ticked of the top orange resistance lines.
In the meantime, Ontology price has corrected to the 8000 sat level (down from a high above 12000!).
But now, we are forming i) a triangle with strong support at 8116 (Fibonacci level that you can see all previous bottoms were formed in the last weeks), and ii) actually are forming a bull flag, and a big one at that.
If this scenario pans out, we can add the length of the pole of the flag, to the breakout price round 9000-ish, which would let us see the moon again for a bit of time. At least, that would mean a big price rise.
Moreover, if we look at the 2h chart, we have a bullish MACD and bullish RSI going for it, so this will be a first bounce moment. Although I think some more sideways movement will follow before a break-out occurs.
Anyway, keep this scenario in mind before selling your positions! ;)
BY THE WAY
Did you know that you could've gotten 1000 ONT at the airdrop pre-ICO a few months back? Yes, you read that correctly - that would mean you were 8-1000$ richer today, because of an airdrop!
And did you know that there is a new airdrop in the same ecosystem (NEO) today? Have a look at my twitter profile's pinned post (wijcryptonairs) where I posted a link to claim your own airdrop pot. I can't post it here directly, as external links are forbidden, but of course - we crypto-enthusiasts have to help eachother out!
ONT/BTC 4 hr Binance...It's A Runner! Watch OutHello fellow traders. So many coins to update, but how can I forget the elusive ONT. It is long overdue for an update, and although I had missed trade after missed trade, my money management game is tight. And so....Here we are ;-)
Before I do some quick analysis, I'd like to point out some misses. Far too often, these "pro" traders on TV do not emphasize the importance of misses, stops, or just being flat-out wrong in their proposed counts. For those looking to amplify their TA skills, these are absolutely critical and invaluable. That is how I learned, so I share the wealth ;-).
I was front-runned at the 50, which you can see labeled on my chart, and thus, only was able to catch a portion of the swing. Then I was stopped, and stopped again. As I waited for what I have as my proposed 4 to be in, I bit--hook, line, and sinker. I still believe we have another kick from ONT--regardless of BTC movement. I have already taken a partial but my final will be at or near a double top, due to how I feel, the misses, and plainly I have my capital tied up elsewhere.
The lines drawn are not exact, just a general direction of how I see the market moving and where I will be out. If it runs up, so be it. Good for those who stayed. If it starts to drop, profit is realized, and I will be looking for the next entry. Stopped out. Yes, I said it ;-)
ONT is one of my favs, and I will do my best to provide my insight and TA to share with all. Be safe everyone. And please follow these for your education only.
ONTOLOGY: BULL RUN & TRIONES INCENTIVE MODEL PROFIT = 24.92% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 24.92% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 26: Release of Ontology v0.7 and Public TestNet (code named: Polaris). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs, smart contract pre-execute, interoperability across VMs, NeoVM v0.7 and Doc. Center.
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. There are plans to add further programming languages in the near future.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future.
May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust.
May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets.
May 8: Ontology announces the Triones Membership System. This aims to support a combination of multiple blockchain networks based on support for a single blockchain network economic model.
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 14: Announcement that updates to Ontology C# SDK mean that ONT IDs can be created, funds can be transferred, claims can be registered and add public keys can be added to ONT.
May 21: Ontology announces Pre-Release v0.8 of MainNet on Github.
This Includes details regarding: Native Contracts, New Version of VBFT Protocol, Fee Calculation, Network Optimisation and CLI.
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 million CNY.
May 25: Ontology Announces the Economic Model Design of the Triones Consensus System.
Based on the Triones Consensus System, the Ontology team uses:
· ONT, a cryptocurrency coin of main chain services.
· ONG, a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with COT (IoT 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 and intelligent hardware.
(NEW) June 1: Ontology Announces the Triones Node Incentive Model. This includes defined rewards for staking.
June 1: Ontology opens up Triones Seed Node Applications.
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" used in this analysis is included as part of the Crypto Trade Signals subscription.***
ONT- wave 4 could go sideways with bitcoinWave 4 could go sideways and frustrate traders or could make some $$ haha. I think we have 1 more wave left before a correction.
ONTOLOGY: MARKET RECOVERY & STRATEGIC PARTNERSHIP = 18.62% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 18.62% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 26: Release of Ontology v0.7 and Public TestNet (code named: Polaris). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs, smart contract pre-execute, interoperability across VMs, NeoVM v0.7 and Doc. Center.
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. There are plans to add further programming languages in the near future.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols. This protocol is expected to resolve all pproblems to do with scalability and large amounts of electricity. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future.
May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust.
May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets.
May 8: Ontology announces the Triones Membership System. This aims to support a combination of multiple blockchain networks based on support for a single blockchain network economic model.
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 14: Announcement that updates to Ontology C# SDK mean that ONT 0.00% IDs can be created, funds can be transferred, claims can be registered and add public keys can be added to ONT.
(NEW) May 21: Ontology announces Pre-Release v0.8 of MainNet on Github.
This Includes details regarding: Native Contracts, New Version of VBFT Protocol, Fee Calculation, Network Optimisation and CLI.
(NEW) 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 million CNY. The Joint Task Force will press ahead with the development of API standardization, a shared smart contract ecosystem, building open standards for smart contracts, and cross-chain technology innovation.
(NEW) May 25: Ontology Announces the Economic Model Design of the Triones Consensus System.
Based on the Triones Consensus System, the Ontology team uses:
· ONT, a cryptocurrency coin of main chain services.
· ONG, a utility token of main chain operations.
(NEW) May 29: Ontology establishes Strategic Partnership with COT (IoT 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 and intelligent h
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" used in this analysis is included as part of the Crypto Trade Signals subscription.***
