ONTBTC
The Simpsons are coming back! (MEX-MAINTENANCE (for fun))This is an analysis just for fun as bitcoin is highly manipulated and there is no chance to find the right way it will go.
But anyway - we are really bullish as you can see Bart is getting older and so is BTC!
If you want to trade - yes! Go ahead! All exchanges will take your bitcoins! Do not worry!
Tether was printed, maintenance was done, some strange things are going on. It is like a puzzle!
It is like gambling so far! Maybe it is better to go to a casino and start playing roulette as you do not pay any fees. It is almost 50/50 (expect of 0)
It is fun when every trader says one day - we go to 100K - and the other day - we go to 2K.
A lot of people have lost money in this game. It should be regulated as soon as possible otherwise more and more people will lose their money and this is not the goal of cryptorurrency! This is a highly manipulated market and it needs to stop it.
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 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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ONTOLOGY (ONT) – Wyckoff cycle – 600% profit/loss ratioHi Guys!
Wow what a bargain. Many cryptos are very cheap right now so this is the time to scrutinize projects and decide which of them to buy!
It is really hard to describe ONT but here are the essentials:
• There was ICO .
• They launched ONT at the beginning of March 2018. For 1 NEO one got 0.2
• They are backed by massive team (40 people which most of them are IT senior engineers). Everyone with photo and description.
info.ont.io
• CEO Jun Li is also the founder of Onchain startup (2014) backed by Fosun Group (Conglomerate from China)
• Their goal is to incorporate blockchain into current, real existing businesses. They want to bridge the real world with NEO to relieve
businesses from tech development
• They are strictly connected to NEO
• NEO focus is public, ONT focus is private
• NEO stands for digital applications, digital new economy, ONT stands for bridging the real economy with the digital economy
• NEO new digital apps/businesses, ONT wants to make it possible for a current business to become digital companies
• They are aiming to governments, health services as well as private business, IoT, people, data and many more
• At protocol level and application level NEO focuses on digital assets and smart economy and ONT focuses on trust identity, distributed
data, and trust in collaboration scenarios.
• They want you to be in control of your data. They treat data like a gold.
• ONT wants to create separate blockchains for businesses to store their data without posibility for 3rd parties to access and view them.1
business/process one blockchain.
• Token structure is similar to NEO – when you hold NEO you are paid gas and when you hold ONT you will get ontology gas – each block 15-
20 seconds
• ONT is listed on Binance, Huobi, OKEX, Gate. io
We noticed ONT has finished Wyckoff cycle which can be an indicator to buy.
Let’s go through all the phases.
Phase A
PSY—preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching.
AR—automatic reaction. With intense buying substantially diminished after the BC and heavy supply continuing, an AR takes place. The low of this selloff helps define the lower boundary of the distribution TR.
Phase B
ST—secondary test, in which price revisits the area of the BC to test the demand/supply balance at these price levels. If a top is to be confirmed, supply will outweigh demand, and volume and spread should decrease as price approaches the resistance area of the BC. A ST may take the form of an upthrust (UT), in which price moves above the resistance represented by the BC and possibly other STs, then quickly reverses to close below resistance. After a UT, price often tests the lower boundary of the TR.
SOW— a sign of weakness, observable as a down-move to (or slightly past) the lower boundary of the TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a change of character in the price action of the stock: supply is now dominant.
Phase C
UTAD—upthrust after distribution. A UTAD is a distributional counterpart to the spring and terminal shakeout in the accumulation TR. It occurs in the latter stages of the TR and provides a definitive test of new demand after a breakout above TR resistance. Analogous to springs and shakeouts, a UTAD is not a required structural element.
Phase D
LPSY—last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows that the market is having considerable difficulty advancing. This inability to rally may be due to weak demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of large operators’ distribution before markdown begins in earnest.
On the second chart, you can see zoomed in bars. On daily interval, we are above TenkanSen for good. The second bar started above the red line. This is a strong buy signal.
Moreover, MACD shows us bull’s cross – very good – time to buy.
Weis Wave indicator – red waves are decreasing so it means supply is evaporating. We need more demand on the horizon. It will come definitely.
So Traders. This might be a great opportunity. We are at the bottom of the price and we can reach ATH which is at 0.0012500. This is over 4 times more in comparison to the current price.
In terms of profit/loss ratio. Let’s assume you invest $100. The lowest level of the price ever half of what it is now. Ok we can lose $50. To obtain ATH we have to multiple current price level by 4. This means we make $400 dollars from each invested $100. This equals $300 dollars profit.
Profit/loss =$300/$50 = 6 *100% = 600%. This is really good ratio. This is definitely worth a risk.
What do you guys think of this project? Have you already bought it?
Thank you for being here.
Do not hesitate to comment, like and of course follow; )
HUGE Hugs
WBM Team
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.
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.
If this doesn't work out then what will?7x in 3 months... Have been a good fan of Ontology, but like with most coins.. attachment isn't good for your wallet... and you'll be in for a serious ride... down as well !
That peak till 0.001 btc or 11.7 usd was a perfect classical play of the rules of TA, and dito correction was going to happen as I mentioned in my older charts and when bigger players enter the market with only one thought to short the hell out of it.. though one does not believe the outcome could turn so bearish.. but eventually what goes up will go down anyway, no matter what coin.. except binance coin perhaps.. but that's why there are exceptions of-course. A more than 50% retrace and no reaction at a 61.8% looks still bearish to me. Why do I still own 1 btc ONT... :-| !
One coin that could show ONT's destiny is perhaps 'Selfkey' which did the same in not 3 months, but.. 3 days ! Check it out.. the run up was exactly the same ! Only the correction looks somewhat different.
Ontology looks on the USD chart almost bullish, but on the BTC chart still bearish... which could signify a bullrun within a week or so... but it could be a small outburst as well, if crypto's interest is still buried for a while.
Remember that trendreversals come when you're about to get desperate and willing to get out... let's still not give up hope !