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ONTUSDT trade ideas
ONTUSDT (Resistance breakout #ONTUSDT (1H CHART) Technical Analysis Update
Resistance Breakout
ONT/USDT currently trading at $1.94
Buy-level: $1.87 -$1.95
Stop loss: Below $1.78
Target 1: $2.10
Target 2: $2.25
Target 3: $2.35
Target 4: $2.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ONTONT / BTC has passed the resistance 0000270 which now seems to work as a good support, the level 0000315 has made itself felt but with the overcoming of 0000315 it could project ONT towards 0000370
ONT / USDT seems engaged in the construction of a triangular figure (often continuation figures) which could lead ONT towards the 2.30 area while the failure of the figure a return on the previous static supports
ONT & its Price Future
Hey traders,
looking at its chart probably this coin might have a nice bull run and there is a potential to break its ATH since it doesn't have any real an impulsive wave yet since the listing (as per this chart).
the weakness & invalidation levels are shown in the chart.
good luck
ONT-USDT(Rising Channel Formation)Since March, Ontology has been trading in a Rising Channel .
On 4 Hr Time Frame, ONTUSDT has taken support from the lower band of the channel and is again ready to move in the channel.
The support to the lower side is present at $1.13 while the upper band of the channel may act as resistance placed at $1.47 .
ONT can be one of the best coins in this bullrun.ONT is very good project, this coin is on our long-term list. We accumulated huge bag for long term but this coin also looks good in short term. If you are hodler of ONT you can use staking (for example on exodus wallet) and earn free ONG just for holding ONT there.
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