Ontology in the beginning of the 3rd wave of Elliottcypher harmonic pattern targets:
AB=0.38 XA
BC=1.41 AB
tp1=1.27 BC=$3.4
tp2=0.78 XA=1.6 BC=$7
tp3=2 BC=$16
other possible targets:
tp4=0.88 XA=$10 *check possible reversal harmonic pattern in this price zone*
tp5=1.13 XA=$23
tp6=2.24 BC=$27
tp7=2.6 BC=1.41 XA=$63
tp8=1.6 XA=$132
ONTUSDT.P trade ideas
ONT....price increase 6 timesONT Price $2.05
Market Cap $1,658,016,760
Market Cap Dominance 0.08%
Trading Volume $1,176,003,450
Volume / Market Cap 0.7107
24h Low / 24h High $1.91 / $2.17
7d Low / 7d High $1.91 / $2.36
Market Cap Rank #76
All-Time High $10.92 -81.2%
May 03, 2018 (almost 3 years)
All-Time Low $0.232370 783.3%
Mar 13, 2020 (about 1 year)
About Ontology Coin
Ontology price today is $2.04 with a 24-hour trading volume of $1,173,659,992. ONT price is up 1.9% in the last 24 hours. It has a circulating supply of 810 Million ONT coins and a max supply of 1 Billion. Binance is the current most active market trading it.
Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. It provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology is a blockchain framework that supports public blockchain systems and is able to customize different public blockchains for different applications. It also supports collaboration amongst chain networks with its various protocol groups. They will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on.
Ontology was created in 2017 by a Chinese company called OnChain, which is led by founders Erik Zhang and Da Hongwei. OnChain has had huge success in the cryptocurrency industry, as they were also the founders behind the NEO blockchain, which is now a multi-billion dollar project. Essentially, Ontology was created as a way for businesses of all sizes to install blockchain technology within their company, without having to completely change all of their current systems.
The purpose of the Ontology framework is that it is not intended to operate as a single blockchain. Instead, the technology will allow businesses to make full use of both a private and public blockchain. Each and every data transaction is confirmed in a decentralized environment, meaning that no single person or authority can take control of the network.
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
Weekly ONT on a logarithmic scale, with a lot of potentialTechnical analysis regarding the price of ONTOLOGY in relation of dollar Tether for the next scenarios, based on weekly movement.
On a logarithmic scale, the asset reduces the representation to a scale that is easier to view and analyze. The distance between one point and another is% of the total. That is, the distance between 1 and 2 is 100%, which will be the same distance between 10 and 20, between 100 and 200 and so on.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
ONT looks good in day graph as other long term charts.If you look to the chart of 1W and 1M you will see a massive desirous CUP.
I've been waiting for long times to see ONT's breakout.
It seems like it has broke the resistance level and keep moving on the upside of bollinger bands.
If market keeps going like that, ONT may go higher and higher. It may finish the CUP formation before we wait.
But as I said you should know how risky market is. If dominance and total2 charts does not move as we want, then we have to stay away.
This is not a financial advice and please DYOR carefully.
I will be very appreciated if you leave a comment.
ONT try to flip strong resistance ONT / USDT
on high time frames we can see its just starting to flip strong resistance since 2018 into support also volume is strong and possible gaint C&H pattern
If the bulls successed in flipping this strong resistance into support we will see more nice upward movements for ONT
Keep your eyes on it