ONT - Clean LinesClassical Fractals forming coupled with strong FA, good market structure and clean OB set-ups.
No brainer.
H12 close above weekly resistance / C&H neck will set this bird free.
Take a slice of profit at first price line following neckline break, and feel free to add more upon retest/retrace.
Can easily go much higher up to ATH.
ONTBTC trade ideas
ONT/BTC drop done or one more Leg down? Ontology support zonesOntology looked to be topping already, and then BTC went ballistic.
ONT fared better than many Alts/BTC and held expected supports.
Correction MAY be done, but one more leg down is quite possible.
Red 4.236 was the minimum expected retrace even before BTC spike.
Red 3.618 has shown some strength with a precise bounce at 2848.
Red 5.618 will be final support if BTC makes another strong move.
Immediate concern is the resistance zone at 3100.
Break and hold of 3100 invalidates the ABC plotted.
2500 would be a great entry if price reaches that low.
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OntBtc Trading opportunitiesFrom my last OntBtc call where we spotted the bottom of the falling wedge to pick our long entry till now has earn us huge reward.
Right now I believe there is need for an update since we completed the first phase of the wave cycle and right now retracement is expected.
Spotted price breakingthrough the rising wedge which is potential short signal.
Kindly follow the suggested Buy zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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ONTBTC - Good buy opportunityHere's a sweet Symmetrical Triangle , waves indicated by arrow and Target given by T1 and T2. Mostly chances are with upside breakout...
Blue range determines the Final target. Currently, the market is testing a golden ratio of 0.32.
If pattern breaks then it may probably come to our support range(Purple box)...
Trade with stop-loss
ONT-BTC 300% TargetMarket moving strong into this supply zone, next significant resistance is the supply zone near the highs. Given the potential momentum this market will have approaching the upper supply zone. I expect the market to take the highs, distribute and close within the upper supply. Target just above the highs.
Very clean chart with little consolidation to date. Hence, little resistance above. The high momentum and volume indicates that only the highs can reverse the market.
Very strong project. Price action and fundamentals very similar to NEO.
My analysis shows we are in Alt-season and this is currently the best looking chart out of all Alt-coins.
3W Heikin Ashi Analysis: Very strong bullish reaction after the Heikin Ashi doji was printed.
3D Analysis: Market is trending very strongly with very high volume.