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ONTBTC

ONTBTC Short Term - Take Your ProfitsONT broke out a few days ago from a triangle pattern. The red line sets forth the breakout target based on the maximum height of the triangle pattern. ONT has already passed the target. Third turn-away from the top of the new rising wedge pattern. Watch out for a breakout down and keep a tight stop-loss. Thinking 0.00042000 right below the triangle pattern breakout target. Flying in uncharted territories tho and momentum on the RSI has staying above 50 with the MACD still having room to grow based on the previous run a few weeks back. Not ready to cash out yet, but my line is drawn and its tight.
by bonesca
2
Could ONT/BTC be gearing up for an 84%+ move upwards?Newly launched on Binance, Ontology looks to have fulfilled it's first impulsive wave and could now be forming a bull pennant consolidation before breaking out for it's next wave (wave 3 of an elliot wave cycle). Look to buy on a breakout of the consolidation triangle. Target 1 would be a 1:1 measured move of the first wave at a price point of around 0.00048339 Target 2 is the 1.618 trend based fibonaci extension level of around 0.00062359
Long
by SatoshiHQ
1
ONT: Trade the BREAKOUT opportunity [ONT/BTC]Potential textbook breakout could occur, watch for breakout and act appropriately. Things to note about this chart, EMA's confirm the pattern- the price action is nice, it is nicely squeezed too. This isn't an immediate buy, as alt breakouts are rare this could not breakout and hit the bottom of the wedge and then breakout either way. (the second target) Tread cautiously, BTC could execute this with a sudden blow. This is why we like the 1hour charts, less chance of an execution to scald you. Current candle not looking super bullish but too early to call. This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose. If you liked this short post, be sure to follow and like . It really helps out :D ~Xander
by XanderCrypto
4
Cash Is King! New Coin! New Opportunity!ONT we don't have much history on this coin so there is only 1 real way I find to trade new charts and I will show you below. We are currently looking bullish from the indicators we can use, obviously lacking history we can't be certain but from what can be seen on the 4H and the 1H we are building up. Now you will see the top and the bottom of the channel this will be the only way to distinguish the break as indicators on such short timeframes aren't as reliable. You will see on the 4H and the 1H charts we have a very bullish divergence and we expect this will lead to us breaking high of the channel. The 20 and the 50EMA have just crossed but once again this is an hourly chart. To trade this we don't enter until we break the top of the channel, the chart tells us we will take the top but there is a risk things could change as we can't get a clear line of site from a 6 day chart. This is a coin that could have big potential and could be something similar to what we have seen in NCash with potential 100% profits in a very short timeframe. If this coin breaks the high of the channel buy the first 4H candle to close over the green line. Aggressive traders can buy the first hourly candle to close over but I will stick to the 4H. Stop loss will then go 1-2% below the green top of channel. I have set an alarm on this chart to alert me when or if we cross the top or bottom. I will then place targets for you. Cash Is King! Also would like to thank the member for bringing this coin to my attention.
by Cash-is-King
18