ONTBTC trade ideas
ONT.BTC (Y20.P3.E2).Breakout levelHi All,
As of today, another Alt that's showing promise.
Potentially about to break a key level (lead in trend line, just got rejected) and pulling back to the previous resistance level as it being written.
How to trade this?
Wait for it to break the lead in trend line, and get retested before jumping in, the safe or conservative way.
Otherwise buy on the line and place a stop loss after a 4 hrly bullish candle.
Here are the monthly, weekly, daily and 2 Hrly charts.
Monthly chart: MR\MS monthly resistance and support lines
Weekly chart: WR\WS weekly resistance and support lines
RSI has plenty of room to the upside.
3 Day chart: Phoeix indicator still showing upward pressure
Daily chart:
2 HRLY chart: Note: the rounded bottom trend, showing strong upward pressure
Key point, the level it has broken and needs to hold on the retest. If this holds, its a bullish sign to enter.
What are your thought?
Please give me a like or tick for this post.
Regards,
S.Sari
PREVIOUS ONT.BTC post on the link below.
ONT/USDT - Long - Potential 21%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
ONT/BTC
LENGTH: Medium
RISK - Medium
Exchange: Binance
ENTRY: 790
TP1: 840 - 6%
TP2: 880 - 11%
TP3: 920 - 16%
TP4: 960 - 21%
SL: 706 - 10.75%
NOTES:
- Uptrend
- Breakout
- Resistance>Support Flip
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
ONTBTC - Aiming to test 10k sat levelOntology looks interesting here, good volumes last months, steady rising up. Everything points to another test of strong 10k sat resistance level.
But it currently trying to pass monthly resistance here (purple line). If this succeeds, then the next goal is 0.0001 resistance.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
moving avreage 200 & macd & ichimokuHello friends
High price of Komo - Converse line above base line
High price base line
High price of conversion line
Convergence line above base line
Simple Moving Average 50 Above Simple Moving Average 100 and Simple Moving Average 100 Above Simple Moving Average 200
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ONTBTC BullishONTBTC also looking as if it is going to close above weekly resistance/support, need to look at weekly close to confirm. Have to watch for reaction at trend line and resistance but if it was to break above I do think it will have a breakout and go on a big run here. I will take a position now but watch closely over the next two weeks for confirmation.
ONTBTC 4D: strong chart / 50% upside / BUY/HOLD (NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
ONTBTC 4D: strong chart / 50% upside / BUY/HOLD (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ONTBTC 4days/candle chart review
::: V-shape recovery in progress now
::: 50% upside possible to re-test key
::: mirror S/R level at 1050
::: strong level will push price UP
::: expecting mid-term gains
::: strategy: BUY/HOLD TP bulls +50% gains
::: overall nice setup, let's see what we get
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLISH