ONTUSDTHello to you all. Mars Signals team wishes you high profits at all times.
If we get out of the triangle and stabilize, we can enter the trade for the above goals. And in case of breaking the line from the bottom, we have specified the support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Ontusdt
ONT/USDT Update: Retesting old support lineOntology is currently retesting the 0.9 support line the second time. It did hold strongly during the last test and we assume it will again.
We did break out of our upwards moving channel and have to take another shot.
Checking the RSI we see that we are near the oversold region and the volume is in a steady rise since 2021.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
BTC: Papa ich1baN Here Again to hold your handGuys, no worries. Papa ich1baN has you covered. BTC is performing just as it should (Elon or no Elon) and we are doing perfectly fine as we just touched the 21 Week EMA which is absolutely crucial to continuing a healthy bull market that will now ignite an altcoin run like none other. Do not let dips like the one we just witnessed worry you - instead you should buy these dips with aggression.... we are no where near a market cycle top and we won't hit the cataclysmic numbers you will see most traders post about here after a dip.
Just to give you an idea - in the 207 bull market, we touched the 21 Week EMA (sometimes for 1-4 weeks in a row) 6 separate times. After each touch, the bull market continued higher. This is the first time we have touched the 21 week EMA this bull market cycle. So if 2017 is an indication... we are still super early :)
If you want a slice of reality - as always follow me and my ideas and you will win in life.
Just as I predicted correctly EVERY single major pivot and turn in BTC and the resulting consequences while 100% of other traders were extremely bearish after previous dips, extrapolating out stupidly low numbers that make absolutely no sense creating converts to follow their stupid ideas to shake them out of their positions and cause them to buy higher - I merely suggest buying and holding and if you did trade out at the recent peak, congrats... now GTF back in :)
Altcoins I own for the coming 1st altcoin season that will likely peak by end of May / June / July (in no particular priority):
- FTM - Layer 1 Network Solution w/ zero fees similar to Solana / AVAX, etc
- ONT - DeFi Exchange / Staking / LP / Digital Identity
- RAMP - DeFi Lending / Collateralization / LP
- FET - Artificial Intelligence Network / Digital Commodities Exchange via Metallex / DeFi via Atomix
- UNI - no explanation required
- LINK - no explanation required
ONT/USDT Update: 150% bagged. Last resistance already testedWe look at ONT since Feb 2021 where we started this parabolic recovery.
150% is already reached and we did bag some partial profit.
The last resistance arounf 2.6$ was now tested and we did fail to break it the first time which is not unusual at all.
The more often we test this reistance line the more likely it becomes that we can break it.
After this resistance we aim for a new ATH >6$.
Take a look at the volume increase, it is just beautiful.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONT: First Cycle Top $21 / Blow-Off Cycle-End PT $74Based on the ONT/BTC pair of ONT, this chart could get parabolic in terms of USDT - check out my chart here on the ONT/BTC pair:
ONT on the BTC pairing just broke multi-year accumulation on March 22nd and now it begins a parabolic move higher. Price targets on chart.
Not financial advice.
Scalping idea for ONTBUSDONT may have a chance for scalping, It may reach its previous resistance levels. Do not forget to take profit, use stop-loss.
FET: RSI Gearing up for Major Move to $8-$9 Range by June/JulyYes it is indeed looking more likely that we will have 2 major peaks in this bull cycle altseason and FET (Fetch.ai) is one of my favorites to perform beautifully.
The reason I like coins like FET is that they have a beautiful market structure that they JUST corrected 50% or more from in the last 1-2 months to their previous critical market structure and have bounced beautifully from that previous critical market structure.
FET fell 62% from its recent high and tested the previous critical market structure level of around 0.33 cents. As you can see FET performed magnificently and bounced from that critical market structure level meaning it is about to gear up for a major power play move to new ATHs ... possibly way beyond $10 in the next 1-2 months. You'll want to position before this occurs - stay tuned :)
On the TA side, the RSI is at a very healthy level and rising with PLENTY of upside room - we are in the right place at the right time.
ONT: Surpassing Multi-Year Accumulation PT: $8, $10, $13ONT is currently breaking out of a multi-year accumulation phase and has confirmed support at $2.40-$2.50 area as weekly body closed at $2.69 ... we're now just trending a bit before the parabolic blast off stage back to ATHs of $10+ ... then it can find new price discovery and head much higher.... early stages and great time to buy here :)
ONT: Previous Fractal leads to PT of $15It's looking very likely that we are catching ONT right before a parabolic run to old ATHs. I took this old fractal from 2018 when the price peaked in May 2018 which was when there was quite a lot of BTC / ETH weakness, meaning we haven't seen the full upside target of ONT reached yet and it could be much higher in a bull market.
At any rate, this fractal aligns pretty well and could be the track we are on for now - let's see :)
ONT about to pop off!$ONT is looking like it is gearing up for a big breakout. It has been consolidating for the past couple of years and has finally cracked the pervious resistance.
It does however look like over the immediate future it might have a slight pullback to see if the previous resistance line is now support. This is primarily because we are trading at the upper end of the trend line and it is unlikely (but not impossible) for ONT to breakout in parabolic fashion. If it bounces off this line that is a great indication that we are about to achieve liftoff. Personally, I am hoping this will happen as it will only give ONT a more stable launchpad for the next upward move.
Other bullish indicators include:
1. The absolutely massive volume increases over all of 2021.
2. The RSI showing that the momentum is moving in a upwards direction
3. The MACD line floating well above the signal line
4. The total lack of resistance over $2.50 and under $8.00
Because of point #4 I am setting my price target to the previous ATH of ~$8.00
Stop will be at the previous level of support/resistance of $1.44 - $1.60
Have fun! Like, comment, and follow!
Not financial advice