Ontology USDT Could do its thing in Matter of time. BINANCE:ONTUSDT has already spiked over 220% since the low of March levels.
This is a long term and has well calculated risk to reward ratio. Please do not take it as an financial advise.
Both cases are explained in chart close below demand zone could push us towards support zones. A push upwards from here can take us to next levels as mentioned in the chart.
Possible long entry could be a retest of EMa-200 on daily TF 0.5910 levels but a wick down from here looks highly likely Therefore try placing scattered bids within demand zone.
For mid term perspective i would say Take most of Profits in Trouble areas where EMA300 is sitting at 0.6836 .
Always take profit and use Stop loss. never risk more than you could afford losing.
Happy trading.
Ontologyusdt
Ontology on critical resistance. If it holds above, bag ‘em.Follow me for more ideas. It will give me motivation to publish more ideas.
Another my favourite blockchain Ontology is facing critical resistance. However rsi is conforming convergence so, we can get huge upside move.( The only thing which can drop ontology’s price is BTC/USDT.) If it holds above $0.5, i’ll suggest to hold for medium term.
ONTUSDT formed bullish Cypher | A good long opportunityPriceline of Ontology / TetherUS ( US Dollar ) cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.7305 to 0.7223
Sell between: 0.7368 to 0.7520
Regards,
Atif Akbar (moon333)
ONTUSDT formed bullish BAT | A good long opportunityPriceline of Ontology / TetherUS ( US Dollar ) cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.8378 to 0.8251
Sell between: 0.8686 to 0.9143
Regards,
Atif Akbar (moon333)
ONTUSDT forming bullish Shark | Upto 468%Priceline of Ontology / TetherUS is forming last leg of shark and soon it will be entered in potential reversal zone.
Volume profile of complete pattern is showing weak interest of traders within potential reversal zone.
RSI is oversold and MACD is weak bullish.
Stochastic is also oversold but did not give bull cross so for secure trade we can wait for bull cross.
I have used Fibonacci sequence to set the targets:
Buy between: 0.5732 to 0.2667
Sell between: 0.8738 to 1.5159
Regards,
Atif Akbar (moon333)
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)