ONTBTC trade ideas
Ontology on the way to go ParabolicGood news like ONT launches a development platform on Google Cloud together with Binance integration of Ontology Gas could cause a parabolic wave. You earn ONG with actually an 10% ROI of your Invest in one year. Unbelievable. Think about it, if this makes an 10X you earn every year the exact amount which you now invest on top.
Decision Time for ONTWill it be another leg up, or into a correction? There appears to be some bearish divergence on the MACD/RSI. Probability on the lower time frame favors the bears, but it appears the overall trend is still bullish on the daily.
*This is not financial advice in any way, but rather, my personal opinion which should only be used educationally.
Good luck to all.
AC
ONT ontologyPeoples starts to become interested in ONT as it deliver ONG Gaz on Binance.
coingape.com
Big Green Volume Column
Broke up EMA50
Testing EMA100
Watchout for a small correction and maybe a clear breakout of 2000Sats zone (EMA100) could lead to 2700Sats (EMA200).
And as always keep an eye on BTC movements as king.
Happy Tr4Ding !
$ONT Ontology LevelsAs long as the trading volume keeps up with the price changes this could potentially keep on moving up.
I'd look for a break of resistance before deciding to purchase any more and wait for the first retracement after for confirmation to open trade
There could be a retracement right now to a fib level before testing resistance
ONT/BTC short term EW set upONT smashing down doors, hit the 1.168 extension from the original push lining up with the 100% on the trend based fib extension, which means this leg has been of equal length of the original leg, next target being the 1.272.
There we should find a reversal pattern and be looking at the .786 on the trend based fib for a re-entry to catch the last leg up to the 1.618 on the trend based fib.
we will look to exit this trade just before the 1.272 around .0002190-.0002200, re-entry at .0002000 ish
ONTBTC Fomred a Bottom looking strongONTBTC Pair have formed a bottom with long term support preventing further downfall. Support was held around 17th Dec 2018 and it was tested successfully around 7th Feb 2019. That Was a bullish signal. However, we still had a string resistance around 0.0001900 to 0.0002 region.
That resistance is broken with recent price action.
Two possible options now.
(1) Case 1: Momentum upwards driving the price action further towards 0.00026-27 Region where we have a strong Resistance. Mostly likely, it is not going to be broken as RSI and Momentum is showing overbought indicating a pull back soon. If this is happening, It may not be pulling back to 0.0002 support zone. In that case a good buy would be around 0.00024 with SL around 0.000235.
(2) Case 2: Since RSI and Momentum is already shifting in overbought zone, the price action may touch around 0.00024 (where I see some Resistance) and if not broken, a pull back is highly likely. In such case, I would wait for it to test the support around 0.0002 and start laddering buys from 0.00022 towards 0.0002 with SL below the support.
ONT buy opportunity! Watching close this 20K resistanceIf ONT breaks this 20K resistance we should get several waves up to 26K-32K satoshis.
In the weekly chart ONT already retraced 100% and found some nice support breaking the Ichimoku cloud some weeks ago. Things looking good and it is just about that resistance to get the confirmation to ride up fast.
ONT/BTC intentando romper resistencia? ATENTO al VOLUMEN!El cruce de EMAs de 20 y 50 períodos (D) es la estrategia que voy a seguir para este trade una vez superada la resistencia en el nivel de los 0.0002011.
La EMA50 juega un papel importante ya que auspició de resistencia en varias ocasiones y fue quebrada con mucho volúmen, cómo desquitandose de este divino escollo.
Alerta por encima de los 0.0002011, primer objetivo en los 0.0002322 (+15% nada mal). Stop Loss por debajo del nivel de resistencia, cortito.
Que opinan?
Ontology ($ONT) - up to 677% PPT! Long term trade.$ONT is in accumulation zone and it's great time to buy some.
It shows bullish divergence on daily RSI.
It's one of my favorite project with amazing idea, strong team and good community support.
Buy - green. Sell - red.
Keep in mind that $ONT started trading during bear market and that means when bull market is going to begin previous ATH can be reached and surpassed.
It's not a financial advice.
Trade carefully and good luck!