Ontusd
ONTUSD - Chinese Center for Information and Industry Development**Please smash a like and follow on my publications. Much appreciated as it takes a lot of work to keep pushing new content**
CCID as of Dec 2018 rankings:
#1 EOS
#2 Ethereum
#3 GXChain
#4 Komodo
#5 Ontology
#9 NEO
#13 Stellar
#18 Bitcoin
#19 Ripple
Kelly Cromley, Cointrust article, December 25th, 2018
"The Chinese Center for the Development of the Information Industry (CCID) issued the seventh edition of the cryptocurrency and blockchain ratings. It is a division of the Ministry of Industry and IT. It was launched in May and initially included 28 crypto projects. Since its inception, however, five cryptocurrencies have been added to the list. This accounts for 33 crypto projects. The ranking of the cryptographic projects was based on their fundamental technology, applicability, creativity and overall rating."
My thoughts:
Given the negative stance from China on cryptocurrencies it is interesting to view their rankings on public blockchains in this space. Their rankings should be very closely monitored as China and Asia will have tremendous value and clout on the development of this technology. The Chinese government is not interested in "store of value" proposition like BTC necessarily. They are interested in blockchain tech that can help power the 3rd industrial revolution since they nearly missed the 2nd. This set China back decades until the last 20 years they have been able to adapt and grow. Asia in general understands the future is internet of things i.e. all things being connected to the internet. The Chinese Gov't are especially interested in its use to expand government monitoring and their socialist agenda. Outside of a political agenda they also see themselves becoming a global leader of blockchain technology that will empower their next hyperwave technological growth and increase China GDP and exports of this technology.
Also keep in mind that many of the top Chinese companies operate as quasi-sovereign entities. Meaning the actual government owns a controlling interest in the company. In Chinese economics this is viewed as providing support, strength and longevity. Western economics disagree and believe markets/companies should only be supported by what the market decides. Although this is highly debatable (look at QE I, II, III). Either way it's inevitable that China will provide a great deal of financial backing to several promising native blockchain projects and you'll more than likely see this reflected in prices.
I would encourage you all to keep a close eye on Ontology and NEO in 2019.
Ontology from a technical pattern (Bull Pennant) has the potential to have a large upside move to $1 and has shown strength vs. Bitcoin.
2019 could be the year where the Chinese start to influence the markets to propel their native projects like NEO and ONT with big government support. If not this year I expect news coming by 2020. You'll then finally see these projects start to decouple from Bitcoin which is highly needed for diversity of success of this industry.
Best Regards,
Bobby
-Don't hate the hair, hate the game
ONT : Ontology Next impulse 180% For Longer Terms !!Buy ONT as Given in Chart Possible Here that Double Bottom and then Trend will Be Reversal-
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
ONT Ontology Coin Going Dead Zone !!ONTOLOGY Coin Are Very Good But Now Dropping Badly and Trying Goes to Bottom Support Areas.
Hope Price Bounce Bach from any Support Zone 1800, 1400.
if Break the Support Areas 1400 then coin Will be Bloodbath Badly.
I hope that Price can fly From Support zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
GOLD IS GOOD, CRYPTO IS GOOD, THE TIMING IS PRETTY GOOD TOOJUST BUY GOLD AND DON'T LOOK BACK. THERE DOESN'T SEEM TO BE MUCH HOLDING BACK THE PRICE FROM EXPLODING. IT'S AT A LOW, THERE IS STABILITY IN THE DATE (EVEN THOUGH IT MIGHT NOT LOOK THAT WAY) AND RIPPLE IS, WELL.... RIPPLE... SO, LONG AS YOU HAVE RIPPLE AND GOLD, YOU SHOULD BE GOOD TO GO...
Bullish Divergence on (ONT) Ontology Could be nothing, could be something, either way its probably a good time to start setting some alerts for Dash.
We have some class A bullish divergence on the RSI & Macd . Also volume is in the same area it was before the last pop up of around 100%
This is no guarantee we are going top the moon but definitely noteworthy
bullish divergence -
- "Class A bullish divergences occur when prices reach a new low but an oscillator reaches a higher bottom than it reached during its previous decline. Class A bullish divergences are often the best signals of an impending sharp rally".
Fundamentals seem strong.
I hold no position in ONT -0.65% but may take advantage of their next big run when it comes.
ONT -0.65% is ranked 28
Price has been as high as 0.00115634 satsoshis and $8.87
Possible bottom 0.0001783
I will start to get more excited when the 50-100-200 day moving averages get under the price on the daily.
Great luck and please like the post if you found this insightful! Please share ideas if you see holes in my TA, it will help me and the people reading this. Thanks!
I'm no pro and I will make mistakes so its always great to get 2nd and 3rd opinions after mine.
Joey Rocket
ONTUSD (analyzed with Richimoku & Kumo Waves)Richimoku & Kumo Waves on Ontology / ONT
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ONTBTC: a possible support retestIn a long-term, Ontology is one of the most promising coins out there. However, as, perhaps, all the altcoins these days ONT got driven by the bitcoin price action. Now it is above the strong support level, but if BTC will go down to test 6k, ONT will very likely break the support and reach the previous low. However, after that it is reasonable to wait for a huge rise.
Not a financial advice.
ONT Daily Inside Bar Breaks BearishSURPRISE!!
Bears in full control. Took a lot of time today trying to find SOMETHING positive for ONT, but came up empty.
RSI levels are VERY LOW... but RSI isn't the best indicator as of late. If you read my post earlier, we broke the 1.75-.176 support... and now going to test out 1.70.
Let's hope the bears are tired and the bulls can come out swining tomorrow.
I'm a big fan of getting in at this price level, last two times we dropped below 1.70 we ran up to 2.88... but there is a little different market sentiment right now and BTC is not in the same state it was during those two time periods.
High Risk: Get in now, set stop losses in the 1.40-1.45 range. This is only if you can't stand that volatility.
Medium Risk: Get in now, set 50% stop loss at 1.65 and wait for bull volume and get back in. I don't always suggest to average down, but 1.50 has to be a big support zone if ONT bulls don't want to see a drop down to 1.00-1.10.
Low Risk Option #1: Get in now, stop-loss of 1.70
Low Risk Option #2: All fiat right now. Wait for CONFIRMATION of bull momentum (volume/MA Support). You might lose 5-10% gains, but it won't lose money either.
YOU HAVE TO BE SMART IN A MARKET LIKE THIS!!!!
J_DOT_CRYPTO
Callin' it like I see it!
ONT at DANGEROUS LEVELSOntology, just as the rest of the market, has been flirting with some dangerous levels as of late! As I noted in previous posts, ONT has a wedge set up and was getting close to a break.
UNFORTUNATELY we have seen a break bearish after testing and rejecting the top wedge line and we are not at some very dangerous levels. ONT is currently flirting with the previous bear run low of 1.753, and should find support here in the 1.70's. A break below that could do some real damage so exercise EXTREME CAUTION.
Prices below these levels are really unexplored territory for ONT/TUSD, and I would be surprised if we ran all the way down to the 1.00-1.10 range before we find another level of support. If the price breaks below 1.70 and the bulls cannot fight back, 1.50 would be the best case scenario of support. Psychological levels have a lot more impact than you think, and 1.50 does have some price action previously... but not enough for me to be confident in it holding.
Will keep everyone updated as time passes, but right now.... bears are in full control.
J_DOT_CRYPTO
Callin' it like I see it!
How can ONTology move in next weeksWe can take the descending line as a upper limit channel ( now it is at 2.15$).As for lower limit we have unfortunately the price at we are .. 1.8$ ... fight will be next ... over 2.15 or under 1.8$ .. hope it stays over 1.8$ , but this will depend of course of BTC movements. Actually whole market is depending on BTC :) .. go BTC