Ontology [ONTBTC] Ready to Drop OR To Grow ??hey guys
this is my new chart about ONT
as we see 7708 great support maybe we will see bounce from there to 8200-8500
but if we break it ( 7708) down we will see 6800-4500 and it will good time to buy
now its better to wait
sometimes the big signal is no signal (:
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ONTBTC
ONTOLOGY: MICROSOFT AWARD & UPCOMING MAINNET - PROFIT = 22.05% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th 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 22.05% 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 -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.
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 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 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 -0.06% 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).
(NEW) June 25: Onchain wins the Microsoft Accelerator Shanghai Graduation Award.
(FUTURE) June 30: Ontology notes that it will commence a token swap on June 30 with ONG distributed to all token holders.
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 - Possible daily bottom reached?Take a look at ONT daily chart,
Nice support has been reached at fib 0.382 and out of bollinger.
It could reversal right here.
I will place my buy order at current price of 82.5k.
You’re more than welcome to follow me for more Analysis
***Do not consider it as a trade advice.
ONT Mechanical Long EntryA mechanical LONG entry for ONTBTC
Based on a previous impulsive wave up a fib is drawn, the ignition level to start looking for entry is the 0.5 fib and then looking for a retracement to the 0.25 level, profit taking is the 1.0 level with a stop loss also indicated on the chart.
Given that BTC is king and the current market conditions it probably worth laddering in entries down to 8800 sats
Ontology: Upward Climb ContinuesOntology has been on an upward trend vs. BTC since April. Its USDT chart indicates it is at the bottom of a cycle and about to retrace upwards. We prefer to stay in USDT for this trade because our current sentiment for Bitcoin is still bearish.
Exchange: Binance
Term: Medium
Invest: 5%
Buy between:
6.4 - 6.65
Sell Targets:
Target 1: 7.36
Target 2: 7.82
Target 3: 8.24
Target 4: 8.92
Stoploss: 5.9
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.***
Easy Trading ONTBTC!Hi guys, just want to reupload my old TA, and add some notes.
I have been playing this ONTBTC for months.
The price move is so smooth and easy to predict.
My last target to swing is hitted after i filled my bag at the 1st support zone.
Now, i still see the same thing to my old count.
We hit the resistant (former support).
My strategy now are :
1. Laddering to sell my coin and wait the price move into 2nd support.
2. If the price break the resistant (wrong count), i will buyback. Not a big lose according to big gain that i've got, but much safe for me like that.
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.
ONT Elliot Waves OptionsIt seems that we have 2 options for elliot waves. We will see which one will work. If BTC goes up from 6400+ value and doesnt show new lows, black waves can work. If BTC goes 6005-6006 (thats another elliot waves 5. point target), orange elliot waves for ONT maybe can work. We will see...
Possible Cup & Handle formation in Ontology (ONT-BTC)Recently Ontology (ONT) announced their MainNet launch, which will go live on 30th June 2018. In the past week, Ontology trading pairs were listed on Binance, not just that, Binance also tweeted their support for Ontology’s token swap.
At the time of writing, ONT is trading at the price of 9140 satoshis, with a market cap of 973 millions. The coin has seen a fall of 12.74% in the past day, but mainly because of Bitcoin sell off.
In the daily chart, we see a formation of a Cup and Handle pattern. It occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. This creates a U-shape, or cup. The price then moves sideways or drifts downward within a channel. This forms the handle.
Now ONT is founding support in the red line, together woth the 61.8 retracement level.
A conservative buy would be at the 9000 - 9100 range, in the 61% Fib level zone.
If Bitcoin fails to hold the current price levels at $6400-$6600, we can expect ONT to lose this Fib level as well and a dip to the red line and the 78% Fib level is likely. Just below the 78% level, ONT has 7233 sat as the previous low, together with the blue line.
This idea can be invalidated, however, if Bitcoin loses the $6400 support and dips below that price.
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!
ONTBTC H&S but Still Holding On Strong Support!Hi guys, talking about ONT again!
This token still holding on the support line.
ONT form H&S pattern, which the neckline is the strong support line it self.
ONT has finish the 5th wave too, so the correction is healthy.
The long term outlook still bullish.
There are two scenario as always:
1. If we hold on the support line then we will see another big gain, like what happened everytime ONT hit the support line.
2. If we break the support line (h&s neckline) then my ABC count will be activated.
Eventhough the price is getting cheap since i sell at high, but i don't suggest you to go long before a big confirmation.
1-hour shows bull divergence but 4-hour and daily chart still can go lower.
Don't forget to follow me! :D
Tip jar here:
BTC: 1NprKbTvkyLKzpSg556eRj6XubiJEhw95r
ETH: 0xbda06337bf410110c1ccddea8f6111a6c2f4f8f6
$ONT in correction$ONT seems to have completed its 5th wave of Elliot and is now entering an ABC correction as shown in the 4 hour chart. Fibonacci levels were corrected, having the 1st and 5th wave smaller and the 3rd wave bigger and more profitable.
However, at the end of June we will have the ONT mainnet and the Holders to distribute a new token in 1: 1. This news may raise the price of ONT in the coming days and the ABC correction to be discarded.
If there is no problem, as the price of the $BTC goes into a strong correction, we can see the price of ONT go to the moon !!. However, let us be patient and we will wait for the end of the ABC correction and indication of the return of the trend of discharge.
The technical indicators are showing some divergence regarding the ABC correction.
RSI played at level 5 and is bullish. However, its last peak was not larger than the previous one (yellow circles), which suggests the beginning of the correction ABC.
Stochastic Oscilator has not reached the oversold zone and indicates possible high.
The Bollinger Bands are closing down which gives us two possibilities: correction or entry into a consolidation zone.
Let's see what awaits us in the coming days.
Gratitude
ONTBTC - Bullish Chart + USDT Pair and Mainnet 22 Days OutI have mentioned ONT in my other posts as one that meets all the parameters for me to confidently buy in.
1. Above the 50 day MA (RED).
2. Above the 9 day EMA (Orange).
3. Above 50 RSI - Even better if Above 60 RSI .
4. Positive trend in MacD .
ONT has had a lot of positive sentiment lately and is scheduled to drop the Mainnet on June 30th.
On top of that, Binance just listed an ONT/USDT Pair to being trading as I type this!
ONT recently broke out of its retracement from an ATH. I really do not see much as far as risk. The entire ALT market took a bit of a dip earlier today, and ONT approached but did not touch the 9 DAY EMA. Being relatively close to the 9 Day EMA leads me to believe this is a good price to buy in at with support right below. The RSI is bullish above 60 and climbing. The MacD is in a bullish trend. If my wave counts are accurate, then 15000 looks like the first target and 19500 would be the semi-longshot.
So long as BTC holds up, I see no reason why ONT cannot replicate the success that TRX and EOS had ahead of releasing their Mainnets.
ONT/BTC, Lower High Buy Zone!Hello again!
Did you sell your coin in the zone of my previous analysis ? :)
ONT hit our higher high zone a little, but it's ok for me.
Been laddering my sell on 11,4k satoshi, and now i am ready to fill my bag again.
I started to sell it because i saw the bearish divergence on 4 hour, thats how i play.
My scenario is wait the coin stabilize at the lower high zone.
If it can hold, then i will laddering my buy, but if it break the rising channel then i will wait for the next bigger swing game.
Much love for this coin, the volatility is our friend :D.
Don't forget to follow me! :D
Tip jar here:
BTC: 1NprKbTvkyLKzpSg556eRj6XubiJEhw95r
ETH: 0xbda06337bf410110c1ccddea8f6111a6c2f4f8f6