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Ontology

Ontology Gas (ONG) Finds Support & Starts To Move (Targets)I posted a trade idea for ONGBTC a few weeks back on the request of our readers and followers, I mentioned that I don't like new charts because you cannot do TA without data and any trading based on a blank chart is just a pure a guess. Now we have some candles showing up on the ONGBTC chart and we can see some massive bullish action. Feel free to hit like and allow me to entertain you for a few minutes, let's take a look at these signals together. We start with the left and 4H chart: Here we can see a big green volume bar to the far right and a clear break above EMA50, which rejected ONGBTC on the 7 March. The RSI is bullish and the MACD as well. The chart to the right is the daily time frame, the purpose of this chart is to show you ONGBTC targets: Here we can see that ONGBTC is now challenging EMA10. A close above 0.000147 on the daily time frame would be a good signal for the bulls. A break below 0.000121 would invalidate the above signals. You can use this level as your stop loss. ONGBTC Targets: 0.000163 0.000180 0.000206 0.000229 Note: This is not a piece of trade advice. All of my trades are clearly marked and contain buy-in, targets, stop-loss, capital allocation, and additional information. Thanks a lot for reading. Namaste.
by AlanSantana
ONT (Ontology) Rallies Nearly 75% Since My Setup Not only did we rally close to $75 in Bitcoin value, but we pumped by 120% since the recent $0.50 bottom (USD). I'm just as proud of this call as I am of my TRX call back in November/December. We blasted past my initial target of 2200, and have been consolidating pretty well in the 2500-2600 zone. If we break the previous high, it's possible we can venture up to the next major resistance around 3200, and even all the way towards 4300. This coin has a history of going parabolic once it gets going, so I'd be careful about taking profit too early. However, if the market decides to test lower levels, we can head back down to test the 2000-2200 zone as support. Anyway, the reason why I was able to predict this pump is by assuming accumulation based on volume and price action. As you read in my previous ONTBTC analysis (linked below), the volume was much higher than the previous consolidation period, and we also successfully broke out of the downtrend and tested it as support. Even though I bought at 1700/$0.60, I wasn't tricked by the move lower, since I simply saw this as part of the accumulation process. Obviously it was a risk, but making this call proves that my analysis has improved. These are just possibilities I'm looking at. This is a forced long term hold for me, since nearly my entire stack is staked. Should have bought some for trading, but that was all I could afford at the time. This is not financial advice. -Victor Cobra
by VictorCobra
Ontology (ONT) bullish triangle in play, nice short-term trade!BINANCE:ONTBTC Ontology looks like a great buy now, the price has made a retraction up to 0.5fib from that last rise and formed a bullish triangle. The price has broken above 200MA on the daily chart and is doing a pullback / using the 200average as a dynamic support. Ichimoku is totally bullish: + Green Cloud + Current price above the cloud + Chikou-Span above price + Tenkan crossed over to Kijun RSI is touching the 50 balance line and must hold confirming the upward expectation. OBV demonstrates that the strength of the bulls continues to prevail within the triangle. The ideal purchase would be in breaking the figure, but I am anticipating due to the strong bullish signals presented. The call in details will come in the next comment! If you like my reviews, please follow me and leave your like. God bless.
Long
by LiuTrader
5
ONT/BTC short term EW set upONT smashing down doors, hit the 1.168 extension from the original push lining up with the 100% on the trend based fib extension, which means this leg has been of equal length of the original leg, next target being the 1.272. There we should find a reversal pattern and be looking at the .786 on the trend based fib for a re-entry to catch the last leg up to the 1.618 on the trend based fib. we will look to exit this trade just before the 1.272 around .0002190-.0002200, re-entry at .0002000 ish
Long
by Unity-Trading-Group