ONTOLOGY(ONT) - Potential 2018 Killer - 400% during last 2 weeks
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Finally found! Potential killer for 2018.
When BTC struggles, ETH struggles ONT goes constantly up. Last week 100%. If someone bought it 2 weeks ago his return would have been 400%!
In such unstable cryptoworld right now.
So this project might be the answer. It will make us possible to make money. Finally.
So to the point.
This is absolutely massive. It has 5 white papers (3 already published and 2 to be). There was NO ICO. The total amount of tokens is 1 000 000 000.
They already gave away around 25 % for NEO hodlers, community and attendees of dev conf.
They might reward community for following their facebook or twitter accounts.
It is really hard to describe it all but here are the essentials:
There was no ICO.
They launched ONT at the beginning of March 2018. For 1 NEO one got 0.2 ONT.
They are backed by massive team (40 people which most of them are IT senior engineers). Everyone with photo and description.
info.ont.io
CEO Jun Li is also founder of Onchain startup (2014) backed by Fosun Group (Conglomerate from China)
Their goal is to incorporate blockchain into current, real existing businesses. The want to bridge real world with NEO to relieve
businesses from tech development
They are strictly connected to NEO
NEO focus is public, ONT focus is private
NEO stands for digital applications, digital new economy, ONT stands for bridging real economy with digital economy
NEO new digital apps/businesses, ONT wants make it possible for current business to become digital companies
They are aiming to governments, health services as well as private bussines, IoT, people, data and many more
At protocol level and application level NEO focuses on digital assets and smart economy and ONT focuses on trust identity, distributed data and
trust with collaboration scenerios.
They want you to be in control of your data. They treat data like a gold.
ONT wants to create separate blockchains for businesses to store their data without possibility for 3rd parties to access and view them.1
business/process one blockchain.
Token structure is similar to NEO – when you hold NEO you are paid gas and when you hold ONT you will get ontology gas – each block 15-20
seconds
ONT is listed on Binance, Huobi, OKEX, Gate.io
Here is the example from medical services from every day life.
Imagine your dad visiting doctor/hospital/pharmacy – your dad sends medical data (history) to doctor and pharmacy. Doctos gives his credentials to pharmacy which gives your dad his medicaments. ONT service gathers all data, process them securely and sends them or gives access to the hospital where your dad has planned surgery. When he goes to another doctor he has all medical documentaion with him and doesn't need to ask 3rd party for documentation withdrawal.
Summary: ONT stands for trust, identity, data exchange and authorization
Here are some technical analysis details:
MACD positive convergence
DMI bull's cross
Rising interest = rising volume
1-5 and A-C Elliot wave pattern finished
Another 1-5 Elliot wave pattern has just started
SMA 6 crosses SMA20 - bull's cross
Target 1: 0.00072000
Target 2: 0.00092000
Stop-loss: 0.00045000
These targets should be achieved even within days.
Next ATH highly likely.
We may encounter returns as it was with NEO in 2017.
Stay tuned and don't forget to follow us, comment and give a like if you agree with our idea.
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HUGS.
Yours WBM Team
Ontology
Another big move up for ONT? To good to be truth! At the moment we are trying to break resistance for another big move up.
Buy: when we close with a candle above blue resistance line.
Take profit:
Target 1: 0.0007592
Target 2: 0.000948
RSI is positive
MACD is giving a buy signal
I will give small updates on Twitter, not here.
ONT is up 44% since I bought, 92.4% in the last 7 daysI happened across ONT the other day, shortly after it was listed on Binance. It appears to have a C&H formation and another 40-50% growth expected to complete the rally after the C&H.
This may be a good lead indicator for the upcoming bull run.
XVG TRX and BTC are all on the edge and ready for this upcoming bull run, probably a lot of other alt coins as well. Be on the look out for opportunities. When this rally begins, it may push till November and you might have the opportunity to see 1000% to 5000% or greater returns on some coins.
HINT: Horizon coin ICO is coming soon!
$ONT reaches psychological resistance at 0.00070000$ONT pumps to a record high of 0.00069970 on Binance, which is 20% higher than previous resistance at 0.00057900. Looking forward to continuation of upside move after some profit-taking activity here.
Optimal entry for bulls: 0.00058595
Optimal exit for bears: 0.00066492
ONTBTC - May just be the beginning! No ICO, not too much marketing and hype, but the hype is behind the scenes. Could this just the first wave of something bigger?!?!
I originally placed the Fibonacci on the first wave that popped and ONT traced all the wave up and hit my target of 69500SATS. But now that it it seems to be correcting itself (with a double top), I'm second guessing myself as I placed out a new Fibonacci and low and behold, it looks a lot prettier than how I had it previously. Let's wait for the corrections and see what happens over the next couple of days.
Below is a chart of what I previously had going.
What are you thoughts?
ONT: First Wave Done?Hey everyone, this is my first TA so here goes.
ONT has been seeing crazy gains over the last couple weeks but now I think it's time for it to start correcting.
This is a short term TA, do not use this as investment advice - I am no pro.
As you can see, it has been bouncing off the yellow upper trend line and hitting Fib extensions very accurately.
I'm no Elliot Wave guru but I think this wave count up looks pretty good, which is why I think there should now be a correction of some form.
The RSI looks like it has enjoyed it's time up high and is now ready to come back down to earth.
The MACD has crossed over and the histogram is trending down too.
The EMA is still looking good but should start crossing over if my theory is correct.
As for the correction, I've drawn a weird 'double-top' thing because of how bullish this coin is and could bounce off the top of wave 3.
I think it will re-test the ATH again soon, then this is what I imagine could play out if it fails to exceed it.
Otherwise the Aqua collored correction could play out.
Either way, I have the end of the correction in the same spot.
If it comes down to the lower orange trend line and bounces off that, then we could be looking at the start of a new wave 3....depending how the market is going.
The white dotted lines are price ranges that could act as areas of resistance and support.
If it breaks up or down keep an eye on these areas.
If it breaks up past the ATH then this is all pretty useless.
Hopefully this will help someone :)
Ontology's Bull RunOntology's run in this bear market is quite fantastic. It has excellent fundamentals and the 24hr trading volume rises and falls with each rise and correction. It could reach the levels of NEO in terms of being a top 10 coin, very quickly. Short term, I think $5 will be a psychological barrier for this coin and looking at the Ext Fibs a pullback soon is highly probable. Depending on any positive announcements tomorrow from China could see this uptrend continue.
ONT to Correct Soon, Protect your CapitalONT is on its 5th elliott wave and due for a steeper correction soon.
Taking fibs from the initial pump (the black fibs), ONT has hit common targets so far:
First the 261.8 and then the 500 extension, each receiving a decent pullback.
Now a safe exit would be the 700 extension very soon, verified with the second set of yellow fibs where traders will be looking to exit the yellow 261.8 (near the black 700) since it will correlate with when wave 1 corrected after hitting the 261.8 on the black fibs.
However, if BTC holds up OK without showing immediate signs of dumping, the pump could continue to the 1000 extension.
Swing traders: consider protecting your capital and exiting the 700 and monitoring to buy the dip if it still looks strong to ride the 1000 line exit.
Long-term hodlers continue to hold.
ONTology VS Bitcoin Uptrend ContinuationAfter forming a strong support at 14700 satoshis, ONTology started to move up, reaching the previous resistance level at 33800 satoshis. At that point consolidation has started in form of the triangle patter. Today price broke the triangle pattern and previous resistance, suggesting the continuation of the uptrend.
Although the correction down towards the triangle area could take place, the trend remains bullish and could result in ONT/BTC growth towards 60k satoshi area on the next wave up. Break and close above the 60k resistance could send ONT much higher, while rejection should send price back towards 30k satoshis area.
On a downside, break and close below 26k satoshi support should invalidate bullish outlook and extend the consolidation, but it does not seem that it could result in a downtrend.
Ontology's Sweet RunIt's been a sweet run on Ontology, where will it end? What is the sentiment value of this coin? $5? If it's the next NEO can we see it at $50 by Sep/Oct?. At the moment it is testing previous RSI support. Fingers crossed it bounces , yet again and continue on it's Harmonic run up. I expect to hold my position in Ontology for the next 48hrs.
Is this the chicken with the golden eggs?Too bad I didn't see the bigger picture... Thought first... what a boring coin..
First time I check this coin on Tradingview, and looks like a very clear 'cup and handle' in a 'cup and handle'...
Hope it will reach the potential target..
Again.. I cannot believe I didn't see this coming.. in 10 days.. 4x !
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
ONT-ETH Head and Shoulders Correction! Hi fellow traders, in my opinion ONT will face a natural correction, and the H&S and Elliot Waves will back this up!
Please comment on your opinion , I will like to see some contradiction !
Super Bullish for ONT!Been watching this one over the past couple of days, and it looks like we are setting up nicely. 20 hour MA trending above the 50, RSI is trending up, we've made higher lows and looks as though we're forming an Ascending Triangle. This is one of my favorite setups, as we can set buy orders for when we break out of the top of this pattern. This would have worked well when we previously broke out of the Ascending Triangle on the 27th. Fundamentally this coin is solid, look into it if you're not familiar yet.
Targets are: 0.00048, and scale out some profits on the way up. Bitcoin is in a bear market so no time to be greedy.