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.
If you want to know our golden list of altcoins for this bullrun and play with us on short term signals feel free to join us on our website!
ONTUSDT trade ideas
ONTUSDT buy opportunity? 👀Hello Traders, Hope everything is going well .
Today I want to share my thoughts on ONT. About 50 days ago, ONT broke out of the descending line ( yellow line ) and made a pullback to it and that was
a perfect buy opportunity ( 121% growth ). What now?
As you can see, ONT was moving in a triangle and has managed to break out of it so by the rules of triangles, the first target is around 2.22$ and 2nd is 2.88$.
But there is a static resistance in the way of ONT ( purple range ).
So in my opinion, if you are a risky person, you can buy it here with a stop loss of 1.4$ but if you want to buy it safe, then you can buy it when
it breaks the resistance and consolidates above the purple range or in the pullbacks to the purple range.
Long term target could be the ATH 8.5$? 👀
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on ONT. ✌
ONTOLOGY EVERYTHING AS EXPECTED, WHAT NEXT??Hello Traders, I made an Analysis on this Pair a few days ago explaining why I expect another Bullish Impulse. Price Played out Exactly as we Expected. However, we are getting signs of a Retracement on the Daily Timeframe.
so what Next?
I have Identified my Fibonacci Levels and I will be waiting Patiently for Price to give a Bullish Price Action on any of these FIB levels before a Continuation.
You can Capitalize on the next Trading Opportunity by Marking these levels on your Charts and wait for Price to React to it.
ONTUSDT (4h chart)ONTUSDT (4H CHART) Technical Analysis Update
ONT/USDT currently trading at $1.55
Buy-level: $1.55 - $1.60
Stop loss: Below $1.39
Target 1: $1.80
Target 2: $2.00
Target 3: $2.25
Target 4: $2.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ONT/USDT Update: Targetting >1300%. So far >300%.We are currently at 300% from our entry point and are looking for a final target of 1300%.
ONT gained some serious momentum.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Will ONT continue the uptrend or enter the correction trend?ONT After breaking its down-trend by wave (3), it pullback to the same broken trend in the form of wave (4) and is now forming its next wave.
The price of 1.6 to 1.8 is a strong resistance for this currency. If it can cross this range with high power and volume and pullback on it, we can consider the started wave as a sub-wave of 3 from wave (3).
By examining the indicators in the daily time frame, the divergence between the last two ceilings is quite visible, and if the volume decreases and the price fails to cross this resistance, we should consider the emerging wave as wave 5 and wait for the correction.