$ONT volume low for now but I can see this one catching up soon.$ONT Lacking of volume for now but I can see this one catching up market soon..
Retested ATL BTC (potential double bottom)
RSI & MACD rising..
Wait for volume // flip at resistance (19.5k Sats)
If you are into accumulation, buy below or as close as possible to 16ksats
#ONT
ONTBTC trade ideas
ONTBTCONTBTC
Entonnoir : W/D/H4 (swing)
Le weekly a fini par réintégrer sa compression (blanc) à la baisse ce qui nous a fait passer sur un biais baissier sur lequel on est toujours. Ce biais deviendra haussier si on réintègre le dernier creux weekly (entouré blanc) vers les ~2100.
Pour le moment, j'attends la sortie de compression daily (jaune) qui est pile à cheval sur cette zone de S/R des ~1600. Si on en sort par le haut, il y aura potentiellement un beau rebond à jouer.
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Funnel : W/D/H4 (swing)
The weekly has reintegrated its compression (white) which gave us a bearish bias until now. This bias will switch to bullish once the price reintegrates the last weekly bottom (white circle) at ~2100.
I'm currently watching this daily compression (yellow) which is right on the zone of S/R at ~1600. If it breaks by the top, there might be a nice throwback to play.
Ontology (ONT) Makes A Higher Low And Holds The Uptrend ONT is one of the few major altcoins to actually NOT venture to new lows on the ratio since the "altpocalypse." On this chart, you can see that it is currently back above its slow rising support (pink). I bought originally at $0.60, and it has so far outperformed Bitcoin by a small margin. The same can't be said for many altcoins. Unfortunately, ONT is still held in check by other broken rising supports (light blue trendlines) and has a lot of overhead resistance. A lot of altcoins seem to be close to ending what could be ABC corrections since their massive dumps against Bitcoin, so I'm interested to see what happens with altcoins here as Bitcoin prepares for its next big move (up or down). Something else to note is that ONG is on the rise a bit today, which could indicate an upcoming ONT run. On the downside, if we slide below the pink uptrend again, things won't be looking good for ONT.
If we look at the USD chart, things look very good. We're well above our rising support, so we have a lot of room to fall, should the market experience a correction here. We're also on the verge of breaking above the neckline of a potential enormous cup and handle pattern at $1.68 that could send us skyrocketing towards the $2.80-$3.00 resistance.
My speculation that ONT was undergoing accumulation in the $0.50-0.60 range was correct before, and I timed the breakout on its Bitcoin ratio pretty well. Previous Ontology analyses are linked below.
This is not financial advice. Just a coin I've been observing for a while, since I bought low and want to see if it can remain looking bullish. This is for personal and speculative purposes only.
-Victor Cobra
ONT : Upto 75% Mid Term Profits OpportunityRSI : 41
Volume : Is having a good pump on the daily graph.
Accumulation Area : 17500 sats - 18500 sats
Distribution Area :
Target 1 : 19970 sats
Target 2 : 22770 sats
Target 3 : 25030 sats
Target 4 : 27300 sats
Target 5 : 30520 sats
Taget 6 : 34630 sats
Stop Loss : 15050 sats
Note : Already broke out the created falling wedge and on the 2nd wave correction for now. Any time it can start the reversal trend.
$ONT Pushing to resistance at around 20k sats...$ONT Pushing to resistance at around 20k sats... Flipping it to a support would leave a nice entry for a movement up to 30%
UCTS buy signal on the 12h chart
MACD bullcross and rising (with bullish divergence)
RSI coming out from oversold levels
Volume increasing...
#ONT
ONT – ONTOLOGY – up to 100% profit possible soon.Hi Guys.
As we had a great rally on BTC now there should be time for the other crypto to rally.
We can see a very nice positive movement on ONT.
The price touched the bottom and bounced up strongly.
Here is why it is worth buying it:
• Ichimoku Cloud – the new bar starts above TenkanSen( this level is often a sign of positive price movements on crypto)
• Weis Waves (volume + price) – as we can see the last red wave (red) is significantly smaller than the previous one.
The supply is falling down. All we need is more demand.
It will come. Soon.
• Targets to achieve in the near future (days/weeks)
o Target 1 : 0.0002247
o Target 2 : 0.0003500
Further target possible as its max in April 2018 was at 0.0012
So this is a strong project with more than 50 engineers on board.
They are a platform for dApps – they provide development tools and support multiple programming languages.
Ontology blockchain framework supports public blockchain systems and is able to customize public blockchains for applications. Ontology also supports collaboration among chain networks with protocol groups.
With high-performance features like VBFT and sharding, Ontology is ready to power applications for the world’s millions of blockchain users.
Happy trading!
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Thank you for reading.
Massive Hugs!
WBM Team