Get started

ONTBTC

ONT-BTC Long Trade PlanCommodity : ONTOLOGY Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-2 weeks Investment in trade : 10% of the total Trading Balance. Prospective Profit : 14% to 36% Prospective Loss : 8% RRR : SL to TP1 is 1.74, SL to TP2 is 2.62, SL to TP3 is 3.46 and SL to TP4 is 4.35 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Long
by CryptoTherapist
Ontology (ONT) bullish triangle in play, nice short-term trade!BINANCE:ONTBTC Ontology looks like a great buy now, the price has made a retraction up to 0.5fib from that last rise and formed a bullish triangle. The price has broken above 200MA on the daily chart and is doing a pullback / using the 200average as a dynamic support. Ichimoku is totally bullish: + Green Cloud + Current price above the cloud + Chikou-Span above price + Tenkan crossed over to Kijun RSI is touching the 50 balance line and must hold confirming the upward expectation. OBV demonstrates that the strength of the bulls continues to prevail within the triangle. The ideal purchase would be in breaking the figure, but I am anticipating due to the strong bullish signals presented. The call in details will come in the next comment! If you like my reviews, please follow me and leave your like. God bless.
Long
by LiuTrader
5
ONTBTC Fomred a Bottom looking strongONTBTC Pair have formed a bottom with long term support preventing further downfall. Support was held around 17th Dec 2018 and it was tested successfully around 7th Feb 2019. That Was a bullish signal. However, we still had a string resistance around 0.0001900 to 0.0002 region. That resistance is broken with recent price action. Two possible options now. (1) Case 1: Momentum upwards driving the price action further towards 0.00026-27 Region where we have a strong Resistance. Mostly likely, it is not going to be broken as RSI and Momentum is showing overbought indicating a pull back soon. If this is happening, It may not be pulling back to 0.0002 support zone. In that case a good buy would be around 0.00024 with SL around 0.000235. (2) Case 2: Since RSI and Momentum is already shifting in overbought zone, the price action may touch around 0.00024 (where I see some Resistance) and if not broken, a pull back is highly likely. In such case, I would wait for it to test the support around 0.0002 and start laddering buys from 0.00022 towards 0.0002 with SL below the support.
Long
by UnknownUnicorn4023556
Ontology (ONT) and a study of accumulationHey guys, this is my first time doing a chart on ONT. I actually decided to buy into this coin using some NANO profits and redistributing a bit. I ended up staking, because I heard the rewards are great for your first year. I also thought it would be a good thing to hold some along with NEO. The reason I bought it goes beyond staking rewards though. This is a risk, I'll admit, but I think we're seeing accumulation. Someone could have argued that we were seeing accumulation after the August dump, but if you take a look at the volume profiles (circled), you'll see that they're very different. Not only are we experiencing very decent volume this time around, but we're actually slowly moving UP in value rather than slowly moving DOWN. However, we're currently capped by the triangle resistance. It's currently close to 1800. I just wanted to post this chart for personal reference. Potential bullish targets are in green X's. I'm not touching this for a while though. Now is the time when I walk away and wait for my investments to eventually bring me a return. Time will tell if I made the right decision. The whole space is risky, so this is not financial advice. Projects like NEO and ONT could very well go to zero. But...crypto does have a habit of coming back. Only risk what you're willing to lose though. Potential trade setup (although this is going to be a long hold for me): BUY if we break out of the triangle (currently around 1800, minus a little). SELL: 2200 3200 Again, not financial advice. I could be wrong and this could break down, which is why I included a possible short setup as well. If we do break down here, we do have another potential rising support in the 1595-1600 area. It's very close now. If that support breaks, this was likely a big bear flag. Trade safe! SHORT setup: Below 1590, target 1400. -Victor Cobra BY THE WAY, if anyone is interested in staking ONT, make SURE you withdraw some ONG, as you can't claim ONG without having ONG in the first place. It's quite convoluted, and I had to request on an O3 community thread to have a small amount of ONG sent to my address. Thankfully, they do have an active thread where they're sending free ONG to people who get stuck.
Long
by VictorCobra