ONT/BTC - Buy opportunity available!ONT is gaining strength and a possible 5th Elliot wave in play!
This is a chart on 1h time frame, so the stop loss and the reward it will be accordingly. Anyway, ONTBTC is on margin trading as well, so... if you want a bigger win u can use a 5x leverage, but it's up to you!
Enjoy it and have a nice weekend!
ONTBTC trade ideas
ONT ANALYSIS (TIME TO BUY THE RETRACE!)ONT
ONT recently had a failed break down, which was eaten back up by buyers creating a bart pattern. ONT sits back at a strong support line at 700-725 sats. This is a great entry zone as ONT has plenty of room for growth form here. A break thru of the 50 MA at T1 of 780 sats is expected to come this week. Once T2 at 830 sats is broken, a small frenzy of buys should push ONT in the direction it needs to hit T3 at the daily resistance block of 960 sats. 200 MA has dropped close to 50 & 100, making it possible for a bullish cross of both 50 & 100 OVER the 200 MA. This could be a great setup for long term as well. This is definitely something I would recommend a buy in near 700 sats. All signals are pushing for a buy here.
Possible Entries: 700-725 sats
ONTBTC "Trading strategy using pull back"Hello traders,
Currently, not only ONTBTC, but also majority of altcoins are preparing for a major bullish trend along with BTC.
ONTBTC recently changed its velocity and was able to breakout. I'm happy to see today's drop because this can be a pull-back which is a buy opportunity.
Price target is based on previous horizontal resistance area.
Thank you,
After all, only Traders who have right strategies that penetrate markets will survive, not people trading with luck or without criteria.
$ONT, Crossing over ~8200 sats resistance level $ONT
Crossing over ~8200 sats resistance level following what market has been doing all day...
Crossing above EMA50
UCTS Buy signals on the 1D and lower TFs...
Looking for a potential R/S flip at this level as entry (may never happen) with 1st target at 9300 sats
#ONT
LONG - ONT - Trading OpportunityBroke big downtrend and had a nice volume spike this morning. Lots of Alts are booming and starting uptrend this looks like no exception.
Entry: 0.0000755
Target 1: 0.0000849
Target 2: 0.0000922
Target 3: 0.0000995
SL: 0.0000716
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ONT/BTC Trend Reversed...In this Chart, I find Doji and hammer which I mentioned already, with the help of these for a shorter period but the trend is reversed which will help us to hit our mentioned Targets.
we are currently standing on the exact Support area which is a + Sign.
Targets are Fib 0.38-0.50,
768-800 Satoshis....
Goodluck...
ONTBTC formed bullish BAT | Upto 56% move expected
Priceline of Ontology (ONT) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.0000757 to 0.0000701 sats
Sell between: 0.0000892 to 0.0001096 sats
So mid term trade has potential to give upto 56% profit move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
$ONT, Breaking from accumulation range over support level...$ONT
Breaking from accumulation range over support level at ~7200 sats
Volume slowly starting to rise (Tight SL just in case)
UCTS still quite at HTFs while at LTF is starting to show buy signals across multiple charts..
OBV bullish divergence
as targets ~8200 sats (10%+)
#ONT