ONTOLOGY(ONT) - WHEN IN TOP3 - 4000% POSSIBLE PROFITHi Guys!
Do you remember our last ONT analysis (link down below)? We already reached level of our wave 5 from previous analysis.
So WBM Team was right! Keep follows us to reach higher levels!
As it grows so rapidly with such a high volume (up to 15k Bitcoins/24h) we can expect ONT to be a real hero in 2018.
In terms of market cap ONT is at 17th place. What happens if it is in TOP 3. It has to surpass Ripple in its prosperity time.
Ripple's "prosperity price" was 2,5 USD/coin. It gives market cap over 98 bln USD. Taking into account ONT's market cap is now 2,44 bln USD it should make 100 bln market cap. This is a lot of money!. It can take a year, two or five. We don't know.
As ONT is strongly connected with NEO and NEO had a great ride making even more profit (350X in 2017) this scenerio is likely to happen.
This SOUNDS CRAZY but that is the way it can be in our crypto world.
Their project IS NOT another Etheruem, it is fresh and with very small competition in this this field.
Just to remind you about ONT project:
This is absolutely massive. It has 5 white papers (3 already published and 2 to be). There was NO ICO 0.00% . The total amount of tokens is
1 000 000 000.
They already gave away around 25 % for NEO hodlers, community and attendees of dev conf.
They might reward community for following their facebook -1.21% or twitter accounts.
It is really hard to describe it all but here are the essentials:
There was no ICO 0.00% .
They launched ONT -0.15% at the beginning of March 2018. For 1 NEO one got 0.2 ONT -0.15% .
They are backed by massive team (40 people which most of them are IT senior engineers). Everyone with photo and description.
info.ont.io
CEO Jun Li is also founder of Onchain startup (2014) backed by Fosun Group (Conglomerate from China)
Their goal is to incorporate blockchain into current, real existing businesses. The want to bridge real world with NEO to relieve
businesses from tech development
They are strictly connected to NEO
NEO focus is public, ONT -0.15% focus is private
NEO stands for digital applications, digital new economy, ONT -0.15% stands for bridging real economy with digital economy
NEO new digital apps/businesses, ONT -0.15% wants make it possible for current business to become digital companies
They are aiming to governments, health services as well as private bussines, IoT 0.00% , people, data and many more
At protocol level and application level NEO focuses on digital assets and smart economy and ONT -0.15% focuses on trust identity, distributed
data and trust with collaboration scenerios.
They want you to be in control of your data. They treat data like a gold 0.68% .
ONT wants to create separate blockchains for businesses to store their data without possibility for 3rd parties to access and view them.1
business/process one blockchain.
Token structure is similar to NEO – when you hold NEO you are paid gas and when you hold ONT -0.15% you will get ontology gas – each block 15-
20 seconds
ONT is listed on Binance, Huobi, OKEX, Gate. io
Technical analysis details:
SMA6 over SMA 20
MACD bull's cross & positive convergence
Volume Flow Index - bull's cross
Weis Wave - we are in accumulation and growth phase - we can expect small correction but it will be signal with a red bar.
Stay tuned and don't forget to follow us, comment and give a like if you agree with our idea.
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HUGS.
Your WBM Team
Weiswave
BTC - WEIS WAVES - TRUTHFUL INDICATORHi Guys!
Today we want to share with you knowledge with regard awesome indicator which is Weis Wave.
We all can see that we have up and down trends. Everything moves in waves' manner. There are plenty of buying and selling waves. But how to identify trend change and buy low and sell high? It's not that easy but with Weis Wave indicator it will become clearer.
Wave charts were first created by Richard D. Wyckoff. In his famous course on stock market technique, he instructed students to “think in waves.” Wave analysis was an integral part of his trading method. The Weis Wave is an adaptation of Wyckoff’s method that handles today’s volatile markets. It works in all time periods and can be applied to the futures, forex, stock, commodity markets and of course cryptocurrencies. You will be amazed at how well the Weis Wave identifies turning points.
So we prepared description of this indicator basing on up-to-date BTCUSD 1H chart.
It might be useful in terms of determining BTC price in the very near future.
So let's get down to business.
Let's assume we start from point A.
We can see we start from the price of around 8860 USD.
We finish at point B. We have there green candels (demand) increasing and at the same time red candels decreasing which says we have no supply. This is perfect situation of the price increase. We have smaller amounf of commodity and at the same time our demand grows.
Moving further number 3 followed by point B, we have small green candle stick. It is much smaller than preceding green waves. It means our demand is spent. Moving further our red sticks (point 4) are getting bigger which means supply is getting bigger. As a result price drops.
At point number 5 we have again red candle stick which is smaller than than preceding red waves which means supply is lower and we can expect price to increase. It is confirmed by the wave made from green candels (point number 6). Price goes up.
At point number 7 we have again red candles' wave and again price drop-down. More interesting is that when we can expect trend reversal and when we should establish long trade.
We can see this at point number 8. Small red candle sticks are followed by green waves and those red sticks are significantly smaller than preceding red waves. Green waves become bigger and price increases.
That's it! Isn't it awesome?
That's the first educational post regarding Weis Waves but there will be more. We are very excited about that!
We are sorry for the language which is some parts is repetetive and a bit chaldish but we wanted to be pricise and clear it as simple as possible.
If you like it don't forget to like it, comment and follow us!
Thank you for being here.
HUGS!
Your WBM Team.
NEO - Another hero of 2018? 100% growth expected soon
Hello Dear Friends!
It is great to be here so don't let us down and comment, like and subsribe! Thank you very much.
As yesterday we reminded you about ONTOLOGY project (down below you will find our ONT analysis), today we have to mention about NEO.
On April 10th we made analysis of NEO for You. Yes we achieved 1st Fibonacci Target! YES YES YES!
As ONT is a huge project with massive potential and is strictly connected to NEO it will influance NEO's price for sure!
We think we don't have to introduce NEO.
So here are some technical analysis details:
New Elliot Wave Pattern started - 1st wave achieved; currently in 2nd correction wave; waiting to start 3rd wave (look at the chart)
Stoch RSI - strong oversold zone - time to BUY
Volume Flow Index - bull's cross
Weis Wave - Once green candle appear - strong buy signal - we can expect it very soon
Fibonacci Levels:
Target1: 0.009670 (achieved)
Target2: 0.011567
Target3: 0.013127
Target4: 0.014688
Target5: 0.016865
Target6: 0.019649
Stop-loss: 0.006641
Please do help us to built the greatest group on Trading View. Give us a like and comment what you think about our IDEAS.
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HUGS!
Your WBM_Team
GBPAUD 23.08.2017Cumulative volumes divergence shows that supply has been dried up. Yesterday, there was bearish trap, which can be consired as Wyckoff spring. 2 possible strategy
1. Aggressive - buy at spring test, SL below spring low
2. Conservative - wait for first wave up. If volume picks up, wait for low volume pullback/test and go long.
In case of breaking to downside, consolidation zone will be consider as redistribution.
Have a safe trading.
J6 06 April 2017There are several divergences on volume on way up. There is also increasing volume on down swing. This is bearish change behaviour. I expect move down on Yen future. It means on forex pair USDJPY.