ONT/USDT (4H)Looks very promising. Zones of interest and targets are on the chart. Good luck everyone!
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Ontology
ONTUSDT formed gartley | Upto 24% potential tradePriceline of Ontology / TetherUS cryptocurrency has formed bullish gartley and entered in potential reversal zone.
RSI is entered in oversold.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.8971 to 0.8419
Sell between: 0.9405 to 1.0447
Regards,
Atif Akbar (moon333)
Bullish channel - ONTFollowing a bullish channel after the breach of a bearish channel the currency created a support at 0.00001025 where it coincides with the bottom of the channel. But we have some resistance warnings along the way and one of them is the EMA200 followed by a slight pullback resistance at 0.00001148. Worth to be aware.
ONT - Can it recover the losses from April to JulyCan we see a reversal with ONT, it is looking good for entry depending on BTC. We feel that ONT will move strong longer-term with a possible reversal due to its previous losses.
Keep to tight stop losses on these and wait for clear direction. Possible trend test of support is required first.
ONTBTC has hit the support | Upto 367% profit expectedThe priceline is moving within a falling channel and hitting the support after Dec 2018.
The MACD was strong bearish but it has turned to weak bearish.
RSI of week chart is visiting oversold for the 1st time.
Stochastic is also oversold and gave bull cross.
After taking complete price action of channel within fixed range of volume profile it can bee seen that the traders interest is weak here.
The priceline will move up soon to hit the sell targets insha Allah.
I have defined the targets as per fibonacci method and those targets are as below:
Sell between: 0.00021413 to 0.00035931
Regards,
Atif Akbar (moon333)
Ontology is My Altcoin Pick.Hey! I am back with another Idea.
This time looking at ONT / Ontology.
I have been trading a ONT for a while now and studying this coin, it seems to have good fundamentals, active team and clear vision .
As I was going through alt coins and looking for a next one to put my Bitcoin in, I found out that this alt coin is showing some very good looking green moves and I really do like them!
- A very good looking uptrend
- Is able to test /stay in strong resistance zone for a while
- EMA trend have changed
- The price is still getting closer to resistance zone
- Has good buying power
- Good looking candles ..
I am able to find more reasons why I see a bullish outlook in this cryptocurrency but I think those reasons were just enough.
Would like to see more alt coins analysis and not only Bitcoin?
Let me know by hitting that "Agree Button" or comment down below as Your feedback is the most important.
Thanks and good luck trading.
Vrbovský
Ontology - A study of being.It's another coin/token, similar to Ethereum.
Some of you may have heard of it, and if your'e like me this is the first time you're seeing it.
General tidbits:
Currently, #22 on coinmarketcap
Has over 50+ Dapps already operating on its mainnet.
I am thinking it looks like a good buy setup based on technical observations.
Here's why.
Daily:
Bullish MACD divergence.
Bullish RSI divergence.
Just broke the recent low.
Very close to breaking the ATL.
Volume is increasing.
4 Hour:
Bullish MACD divergence.
Bullish RSI divergence.
Just broke the recent low.
Very close to breaking the ATL.
Volume is increasing.
1 Hour Setup A:
We just had a move up after breaking the recent low. Now we wait for sign to buy.
1 Hour Setup B:
It's possible, though less likely in my opinion that price will continue down for one last leg before changing direction. This could happen, though an you should be aware that it will actually provide an even greater more lucrative setup that you should not miss.
1 Hour Setup B extended:
If price continues downward towards the ATL and -27 fib extension. Look to buy at ATL around 1111 sats and fib extension around 1000 sats.
ONT will shine again soonONT made new lows yesterday but BTC might need to cool off here, as dominance has hit massive resistance (highs of the previous bull run)
If we could get a sustained bounce here, we could return to the POC/support levels and maybe even visit previous local highs
Altcoins are still very risky so close above support would be a safer bet