ONTBTC
Breaking the down channel with buying volume activity It brings more withdrawal options to the unbanked. That, plus coverages by top-tier media outlets such as
@Cointelegraph
@CoinMarketCap
@Benzinga
I was Breaking the down channel with buying volume activity suggesting that it has the ability's to target its 1.85$ then it will go to 8.24$ soon
ONTOLOGY possible 10x longEntry for ontology around $1.73. I’m going to invest based on ties to neo and previous ath of $12. Next resistance is around 2.75 where we recently pulled back from. I think it’s a good buy now, but might wait for $1.75 confirmation where I set my alert.
👇🏼👇🏼👇🏼let’s continue the discussion
Ontology (ONT) - April 23Hello?
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(ONTUSD 1W chart)
(1D chart)
We need to see if we can get support and climb in the 1.6849639-1.8572747 range.
If it falls at the point of 1.3403424, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
It remains to be seen if it can become a stockpiling force to break above the critical section 2.0842558-2.7154886.
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(ONTBTC 1D chart)
We have to see if we can get support from the 314 Satoshi-371 Satoshi section and climb along the uptrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
ONT/BTC More than 30x for a new ATH is needed. Huge potentialONT/BTC shows very well how much potential is still left looking at ONT.
If we just look at ONT/USDT we still see some potential but here against BTC we see a different picture.
Since Bitcoin increased in value that much many altcoins did not recover that much against BTC.
The volume increased over the last months which is a bullish sign.
Take your target and be strong.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONT can be one of the best coins in this bullrun.ONT is very good project, this coin is on our long-term list. We accumulated huge bag for long term but this coin also looks good in short term. If you are hodler of ONT you can use staking (for example on exodus wallet) and earn free ONG just for holding ONT there.
If you want to know our golden list of altcoins for this bullrun and play with us on short term signals feel free to join us on our website!