Ontologybitcoin
ONT - Bearish Still But Support HoldingSupports looking good for ONT. Big point in this is how long can it hold. It really does depend on developments and news within the market that could see the Bitcoin Dominance coming down over the next few months.
Be careful with this one. No clear direction yet.
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)
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
ONTBTC a profit possibility up-to 86%The price action has retraced between 0.618 to 0.786 fibonacci and now we have four touches at potential reversal zone's support and pricline is likely to failed in breaking down the support. Now it can hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.0002170 to 0.0001812
Sell between: 0.0002452 to 0.0003297
Regards,
Atif Akbar (moon333)
Ontology $ONT $ONG dual chain token @OntologyNetworkSupplement to ONTOLOGY-ONT-GAS-ONG-akin-to-NEO-Gas-GAS-OntologyNetwork. Now includes technical analysis of ONTBTC
Ontology ONT and Ontology Gas ONG
Ontology uses a dual token model. ONT is a coin and can be used for staking in consensus, whereas ONG is a utility token used for on-chain services. ONT releases ONG periodically.
Why buy the cow to get the milk when you buy the cow (Ontology) and the milk (ONG)
Explained by technical analysis on the graph.
157,770,000 ONG in circulation. $0.420
Gauging fair value aside NEOGAS 10,128,375 GAS in circulation valued at ~$3.00.
Rationale similar to that of NEOGAS
Please see hoarding-NEOGAS-speculative-asset-with-towering-reward-risk/
ONT Ontology to the moon ?i invested on this coin for long term. Recently, the project entered partnership deals with major global video platform MovieBloc.
It uses decentralized technologies for movies distribution.
Target 1 > 4500ish
Target 2 > 8000ish
Target 3 > Break ATH and moon ???
This is not a financial advice, Stay Safu !
Happy Tr4Ding !
BUY ONTOLOGY/BTC!!!!! IT BROKE OUT!As I predicted before, Ontology/BTC just did a breakout. I'm sure that it will go higher. Place a buy order on 3200-3150 and sell at 3900-4000, which is where resistance is at. I'm sure it will happen. ONT is currently consolidating, so it should certainly pump higher.
$ONT / $BTC Analysis. Good Time to Enter?It will not a surpise to me if ONT will back to 0.786 support which is 0.0002364 as the similarities happen towards the price action and RSI level. Let me expand this opinion.
Through bear market as the majority is struggling in 8 months to hold up, there is nothing special with Ontology which also experience the same thing either. But this coin was one of the most phenomenal gains after it's release.
Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.
Right now it's still one of the best pick, but must with a good entry. Which from I see, 1st: 0.0002731 / 2nd: 0.0002364 / 3rd (worst case): 0.0001896) after those, we will hold and wait it will get back to the neares top 0.0004083.