Ontusd
ONTUSDT - Weekly analysis ONTUSDT is printing a falling wedge pattern on the weekly timeframe.
RSI is printing a bullish divergence signal.
Potential breakout.
Buy entry ⬆️ - breakout above the falling wedge inclined resistance.
Targets 🎯 - horizontal resistance levels.
Setup invalidation ❌ - breakdown below the support level.
✳️Ontology/USDT Analysis (7/1) #ONT $ONTONT is under selling pressure at 0.6$ zone, which is an important resistance zone because if ONT breaks through this zone, ONT will rise sharply to 0.8$ and 1.1$ by the end of January.
If ONT continues to fail at this 0.6$ zone, it will fall as hard as it did in December.
📅NEWS
No News
📈BUY
-Buy: 0.57-0.6$ if A. SL if B
📉SELL
-Sell: 0.8-0.84$. SL if A
-Sell: 1.05-1.1$. SL if A
♻️BACK-UP
-Sell: 0.57-0.6$ if B. SL if A
-Buy: 0.38-0.4$. SL if B
-Sell: 0.38-0.4$ if B. SL if A
-Buy: 0.3-0.32$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ONT / BTC Work in a local trend. Trend reversal zone.A local uptrend is developing. The price approached a very important area of potential trend reversal. A good entry point is indicated when the price breaks out and consolidates above the downtrend line. Potential reversal of the secondary trend.
Former trading idea for the ONT / BTC pair on a more global scale of work.
ONT / BTC Local downstream channel step 70%. Potential bowl.
Trading idea of trading this coin against the dollar.
ONT / USDT Down channel Local trend Trend reversal zone.
Trading is a higher psychology, understanding the desires of people and as a result of their future actions using numbers and a graph without contact with people themselves.
Ontology in Impulse. ONTUSDMoving up again. Fibgoals, as usual, in green. There are three of them. Invalidation in red, and you can just see that I confirmed impulse (blue dashed line). Not financial advice. I don't know too much about ONT academically, other than I will make a lot of money off the moves on this one. Cheers!
✳️Ontology/USDT (28/10) #ONT $ONT #ONTUSDTONT is clearly in a downtrend and once in a downtrend, ONT is always falling so strongly and so horribly that we should be scared.
ONT can easily reduce up to 50-80% in downtrend, a terrifying reduction.
📈BUY- LONG Strategy
- Consider buying at $0.4
- Buy at $0.25
📉SELL-SHORT Strategy
-Sell at $0.55 and stop loss if 1D candle closes above $0.55
♻️BACK-UP Plan
Buy when the ONT rebounds and closes a 1D candle above $0.55
Sell at $0.65 and stop loss if you close a 1D candle above $0.65