ONG, ada's stronger older brother!ONG is a silent beast.
We see that it was trading under $.10 around the same time cardano was in april 2020. Which of the 2 coins hit $4 first? I'll give you a hint, it wasn't ADA.
ONG's price structure has been developing very nicely since last year.
- RSI is in a up trend, creating higher lows
- Heading out of the Bearish zone in the Stoch RSI.
- Consolidated + Bounced off the .618 Fib beautifully
- Higher lows and Higher highs
- Strong diagonal uptrend
Only thing left, probably the most important thus far, is to have a candle close above the $1.21 price area on at least the 1 week. That will be the confirmation we need to propel us to $4 USD!
ONT
#ONT/BTC blast off time?!We the have ONT/BTC 4hour chart:
ONT is in a bullish channel with very healthy price action.
Notice how we've been having double bottoms followed by a rise to the top of channel. This has happened repeatedly.
In addition, taking a look at the RSI - We see that every time we had are first bottom of the series of double bottoms, the RSI was at its lowest point (circled in blue)
Ont/Btc is revving its engine to the up!
Let me know what you all think #ont #btc
ONT ascending triangle ONT broke up from but was rejected by significant and big resistance at 1.264, this level was big support and resistance also in the past (BTC drop was in same tame, so its questionable was it rejection or it was pulled back down by BTC). Now we can see formed ascending triangle under 1.5318 and also inside of ascending channel that started to show up, so we have one bullish and one bearish pattern on this 6hr timeframe chart. MACD looks like its ready to go up and RSI is in the middle of the range. Se we are 50%-50% for both ways. I think that this most likely will be decided by BTC direction. If LONG, breaking up from 1.5318 would be good entry if you are into swing trading and first TP could be 1,264, since we have real chance to be rejected at least one more time... I would consider LONG mid term hold entry only if we break up from 1,264 (retest would be best and safest).
What is stopping you from buying when the risk very low?Current Market cap $619.117.309
And there is Realized RHODL Ratio. In this chart u can see we are on the bull run, somebody does not sell any BTC so if u sold out, so don't wait for the Big Guy call u and say "Hey bro! Let's buy Bitcoin!!"
www.lookintobitcoin.com
Look at The Puell Multiple chart. It's not today, not tomorrow, but this will happen soon, nobody buy then who buy?
www.lookintobitcoin.com
There are some coins,tokens with low risk mybe u refer: Grt, Ont, Bel,...
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed. Good luck!!
Don't forget click like, it's a hug for me. Thanks you!
ONT short termthe premise is that these considerations on the short term,
it seems to me that from 22 June to 7 July an impulsive movement has developed, therefore from 8 July its correction, and
in the green area the possible levels for this correction, levels from which it could start again.
Below the low of June 22 this hypothesis is denied
Ontology (ONT) Getting Ready For Bullish ActionLooking at ONTBTC (Ontology), we can notice that things are starting to turn.
We have the RSI hitting oversold recently, just days ago as well as the MACD hitting a strong low.
The last time this happened was back in January 2021 and was followed by a bullish wave that lasted over 4 months (124 days).
Now, the RSI hit oversold and is starting to move up... ONTBTC is already trading above EMA10.
With this signals in place, we can start looking for a change of trend.
If this turns out to be the case, you can expect prices to grow for weeks, even months... And the next peak can be higher than what we saw in May.
Pretty interesting... Time will tell.
Get ready.
Prepare yourself.
Plan ahead of time to maximize potential profits.
Namaste.
Why not use the left-side trading strategyInvestment has always been diversified, many people choose to bargain, low suction and high throw; some are on the right. The method is not good or bad, but for different markets, we should choose a suitable way, rather than mechanically mechanically.
Buffett is a typical left investment, many times he can hold for ten years or more, so everyone respect him as the god of shares. But that is the fundamental logic, there is the target of long-term investment value. But in the digital currency market, altcoin does not have solid fundamental support, so the left trading method may bring huge losses.
I made a simple count on the weekly chart, where most altcoin s have fallen over 70%, but is that the bottom? In the last bear market, altcoin mostly fell 90%. Regardless of the time cost you need to cover, that is, there is 20% in space. If your source of money is borrowing and using leverage, how much pressure will you bear? The reason why many people can not maintain a good attitude is not that they are naturally urgent, but under the pressure, can not maintain a good attitude.
Therefore, I have always suggested that you use the right trading standard, on the one hand, we can avoid the uncertain time cycle, many times, at the bottom will be sideways for a long time, even if you buy a low point, but can not make profits, that is, lose the opportunity to invest in other targets, will also let their doubts, resulting in the imbalance of mind.
Summary: For the lack of consensus, lack of fundamental support, lack of institutional funds, we should adopt the right-hand trading strategy.
ONTUSDTHello to you all. Mars Signals team wishes you high profits at all times.
If we get out of the triangle and stabilize, we can enter the trade for the above goals. And in case of breaking the line from the bottom, we have specified the support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!