ONTBTC trade ideas
ONT finding support at FIB 382 this is looking like the end of ONT decline we have found support at the 382 level the perfect zone for any retracement. DMI is bullish along with Sqzmom indicator is showing a setup for a reversal with lowering sell side pressure. as well as the MACD looking like we are about to get our bullish cross this coin is cheap right now if we can get BTC to run we will see ONT pump trades wait for confirmation if we break this 382 level we can see more downside Happy trading love the comments and feedback its a learning process
Possible Bottom forming on ONTONT is possibly forming a bottom, there is a lot of support in this area though the volume has still not returned which is worrying.
ONT needs to first break and hold above 0.00059.
On the 4hr and 8hr the MACD is crossing bullish.
On the 4hr the Wavetrend is finally coming out of oversold territory where it was since the beginning of July. The 8hr is still oversold but crossing bullish.
On the 4hr we're also getting a bullish yume wave twist above the Miaku and 8hr looks like it could begin a bullish twist soon too.
There shouldn't be much resistance until 0.00073 - 0.00080
[ONT/BTC] FOLLOWING THE MARKET (POSITIVE SIGNS)• ONT Finding clear support at .0005300-.00005400 which coincides with a FIB retracement of 61.80%.
• RSI, which is bottomed-out or "oversold" at the moment, is showing signs of beginning its upcoming bullish rally very soon .
• Daily trade volume is still not showing much improvement.
• Bollinger Bands: Currently leaving the bottom band and in-route to middle B Band.
• MACD is about to crossover into bullish territory.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
ONTLong-term deal
The price is now above the rising trend line
The resistance line is expected to reach 8200 Satoshi, a strong resistance zone
It is possible to rebound from them again and then try to climb to be a rising triangle
In the event of a breach of the resistance zone 8200 Satoshi and stability above it will be purposeful
Resistance zone 11172 Satoshi and then new prices
The best area to buy between the price of 4550 Satoshi and 2900 Satoshi
Buy from current prices, for those who want to stop loss at 4000 Satoshi
I prefer buying in stages from current prices
Ontology how to trade! Easy game here!1 Line
I am buying the breakout in blue line to sell in the other blue line.
Why?
Indicators are extemely bullish (All oversold and MACD reversing), we are in a reversal area, the risk reward is huge and etc...
Not gonna say anymore than that. Charts speaks for itself.
Ontology might confirm its down trend for a third timeOntology took a hard hit lately, which comes as no surprise considering the overall market conditions. But while its price action is on a steady decline, we can see a downwards trend with two clear confirmation points forming. I was wondering if we might see a third confirmation point within the next up-cycle. The price sits at 0.0005 as of writing, and in case the price would follow its trend, it might rise up to 0.0007 pretty quickly. Ontology is one of my favourites in 2018 and regardless of its current price action and I am pretty bullish on this network. Let me know what you think.
Ontology - ABC CorrectionOntology had a very nice rally to the upside and is one of the most hyped and popular cryto projects right now. However it failed to break the resistance trendline at around 12.6 K Sats and people are taking their profits.
The price is due for a healthy ABC correction and will probably go down to the 0.618 or 0.786 fib level.
- Happy trading -
ONTBTC - Divergence, expect to reach the fast EMA short termONTBTC
A good Bullish Divergence on MACD-H, also on EFI
Support seems to have formed on the 1H chart, reversal is expected
False breakout, price moving possibly moving up now.
Entry 0.00005230
Target 0.00005319
Stop Loss 0.00005180
R/R ratio: 1:1.8
Note:
We will check out the strength during the trade to see if we stick around to see if it will reacht the slow EMA, to have way more profit. But in this bearish market, I tend to get out with maybe less profit, as there is not much strength currently, and waiting too long you'll see yourself to get out break even
ONT/BTC Good times coming soonWe are getting close to the final of the correction, so it would be a good time to add some positions.
The chart is showing bullish signs.
It is not intented on being financial advices, not even close. I just warming up my trading skills here but if it helps someone in their own analysis, it will make me happy.
Regards