ONTBTC
ONT buying opportunity, double bottom + targets + supports
Hi all altcoin markets show us little buing power for now, but some coins dont go up, there is Ontology, we are in downtrend now, but there is chance for turning point. In chart we can find that we are near double bottom around 1900-1800sat. Stochastic 1d oversold, if we break out our buy range, here is support line around 1500sat. My stoploss is under this line for now.
Targets:
-2600sat
-3200-3500sat
-4150sat
I will be update it
If you like my work please leave follow, like or comment with your idea about this.
Thank you
ONTBTC - investment per partesThis looks like a good area for long term investment in ONT. I'll split my investment share for ONT in three parts, as shown on chart. No stop loss for now. If things will go really nasty, I'll eat my loss later.
And if it won't come down to sub 1900 level? Well, I'll seek for opportunities later on.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
ONT Ontology Coin Going Dead Zone !!ONTOLOGY Coin Are Very Good But Now Dropping Badly and Trying Goes to Bottom Support Areas.
Hope Price Bounce Bach from any Support Zone 1800, 1400.
if Break the Support Areas 1400 then coin Will be Bloodbath Badly.
I hope that Price can fly From Support zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
$ONT, Waiting…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bears. Temporary support found at 2500, will watch smaller timeframe for entry. Last time we were at this price we were in the middle of our bull run.
Daily
Shifting over to our pattern timeframe we see price forming a descending wedge pattern from August 15th to today. Expecting a continuation towards the downside with the following breakout. A daily close above 2700 activates our trade towards the upside, otherwise expecting a drop towards 2000.
ONTBTC ONT ONTOLOGY FALLING WEDGE PATTERN WITH BULLISH RSIDONT FORGET TO LIKE & SHARE THIS ANALYSIS
EXCHANGE: BINANCE
CHART DURATION: 4HR/1D
CURRENT PRICE: 2490
ENTRY PRICE : 2400-2500
TARGETS : 2750-2950-3200
STOP LOSS :2280
TECHNICAL ANALYSIS MAIN SUPPORT 2513
1. RSI 35
2. MFI 38
3. MACD OVERSOLD
4. STOCH GOOD
5. CYCLIC INDICATOR - GREEN STARTED IN 4H
6. TD SEQUENTIAL ABOUT TO COMPLETE CURRENTLY AT 7, 2 TO GO
7. EXPECTING PIVOT RESERVAL POINT TOO
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News
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Take part in the @OntologyNetwork Airdrop and Trading Contest on Liquid, with up to $340,000 ONT to be given away.
twitter.com
Introduces Punica Suite — Ontology’s dApp Development Framework.
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RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
ONT cycle wave countI'm mainly doing this so I can assume a wave count in the usdt pairing chart. (There's not a lot of price data to go by so I'm analyzing the btc pair.) Usdt pair reeks of accumulation so lets see how this goes.
stop loss just in case bitcoin blows this chart up
ont wyckoff accumulation pic in comments
ONTUSDT LONG DOUBLE BOTTOM ONT touched a support level today and I observed that may form a double bottom formation. The formation forms exactly according to a text book definiton of a double bottom. Price come from a descending channel and make a double bottom as seen in circles on 4H graph.
Thank you for reading and wish you have a profitable day...
Bullish Divergence on (ONT) Ontology Could be nothing, could be something, either way its probably a good time to start setting some alerts for Dash.
We have some class A bullish divergence on the RSI & Macd . Also volume is in the same area it was before the last pop up of around 100%
This is no guarantee we are going top the moon but definitely noteworthy
bullish divergence -
- "Class A bullish divergences occur when prices reach a new low but an oscillator reaches a higher bottom than it reached during its previous decline. Class A bullish divergences are often the best signals of an impending sharp rally".
Fundamentals seem strong.
I hold no position in ONT -0.65% but may take advantage of their next big run when it comes.
ONT -0.65% is ranked 28
Price has been as high as 0.00115634 satsoshis and $8.87
Possible bottom 0.0001783
I will start to get more excited when the 50-100-200 day moving averages get under the price on the daily.
Great luck and please like the post if you found this insightful! Please share ideas if you see holes in my TA, it will help me and the people reading this. Thanks!
I'm no pro and I will make mistakes so its always great to get 2nd and 3rd opinions after mine.
Joey Rocket
ONT finishing correction after 150% moveONT is another strong player which saw a great buy side volume on its first wave up. Now it is completing ABC pattern correction to the 0.618 fib level. A break of the yellow trendline would increase the probability of the next bull impulse but a buy order now allows for a better risk/reward ratio.