Ontusdt
ONTUSDT 1 - 1.2 USDT TARGET / EW COUNTONT USDT has given a perfect ew count that exactly fit with Fib levels so far.
I expect it to hit around 0.7 usdt and complete last 5 th wave of 1. After then we should see a pullback to complete W2 around 0.5 usdt. Finally we have 1.00 - 1.2 usdt target of W3 and W 5.
✳️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 $0.65
ONT has some work to do before pumping!ONT has been in a downtrend for a while. We have not seen macro lower high, lower lows from this coin. That may be changing tho! If we can set the higher low here, then we can start to change the trend. The first step has already take place with a bullish RSI divergence.
What do you think will happen to the price of ONT?
Happy trading!
Ont/btc potential bottomOnt/btc
473 sat is all of time low support for ont
It can be the potential bottom before next move
Also with tether pair ont very close to very strong key support around 0.5$-0.51$
You can see here my analysis against usdt :
I expect move from this area but if you looking for safe entery you should wait to see the action price at this point then decide to enter
If you entered blindly at 473sat then your stop should be daily close below 469sat
Ont/usdt buy opportunity up to 100% profitOnt/usdt pair now close to key and strongest support it has around 0.5$ -0.51$
It tested it 5 times before and go up 50-100+%
I believe this support is very hard to broken also this area is 0.618 according to Fibo
Also you can see falling wedge which is also bullish pattern
So lets talk about buy area
Follow the enteries to decrease the risk as possible
Buy
20% (current price) 0.5700-5680$
20% 0.53$
60% 0.51$
Stop daily close below 0.4950$
Sell targets
Tp1 = 0.6$
Tp2= 0.6589$
Tp3 = 0.7$
Tp4 =0.7919$
Tp5= 1$
Good luck