ONT/USDT - Ontology: BBand Breakout◳◱ On the $ONT/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.4041 | 0.4541 | 0.5781 and support near 0.2801 | 0.2061 | 0.0821. Entering trades at 0.3714 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Ontology
▣ Rank: 244
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ontology is a high-speed, low-cost, public blockchain bringing decentralized identity and data solutions to Web 3.0. Its open-source network provides a platform for smart contract creation and decentralized application deployment. The project is concentrated on facilitating self-sovereign identification (ID) and data management. Ontology features a two-token system. ONT enables holders to contribute to the network's security mechanism and participate in governance decisions, while ONG is used to pay transaction fees.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.3714 ₮
▣ 24HVol: 5,594,523.000 ₮
▣ 24H Chng: 4.767%
▣ 7-Days Chng: 11.60%
▣ 1-Month Chng: 57.42%
▣ 3-Months Chng: 62.93%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.4041 | 0.4541 | 0.5781
◢ Support: 0.2801 | 0.2061 | 0.0821
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 7.18
▣ Last 90D: 1.65
▣ Last 1-Y: 0.99
▣ Last 3-Y: 0.12
◲◰ Volatility :
▣ Last 30D: 0.76
▣ Last 90D: 1.06
▣ Last 1-Y: 0.85
▣ Last 3-Y: 1.07
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth ONTUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
ONTUSDT trade ideas
Is ONT Ready to Break Out?Ontology (ONT) is a blockchain platform that aims to provide a high-performance, secure, and reliable infrastructure for decentralized applications (dApps). The platform has been in development since 2017 and has already gained a significant following among developers and investors.
ONT has been trading in a range for the past two years, but there are signs that it may be ready to break out. In this analysis, we will take a look at the technical indicators for ONT and discuss the potential for a breakout in the near future.
Technical Analysis
The first thing we will look at is the weekly chart for ONT. As you can see, the price has been trading in a range between $0.20 and $0.40 for the past two years. This range is highlighted by the GREEN AREA on the chart.
The next thing we will look at is the Relative Strength Index (RSI). The RSI is a technical indicator that measures the momentum of a price. When the RSI is above 70, it is considered to be overbought. When the RSI is below 30, it is considered to be oversold.
As you can see, the RSI for ONT is currently above 70. This indicates that the price is overbought and may be due for a correction.
However, there are a few factors that suggest that ONT may be ready to break out of its range.
First, the overall cryptocurrency market is bullish. Bitcoin (BTC) and Ethereum (ETH) have both been making new highs in recent weeks. This positive sentiment could spill over into ONT and other altcoins.
Second, ONT has been developing some strong partnerships. In recent months, ONT has partnered with Microsoft, BMW, and China Mobile. These partnerships could help to drive adoption of ONT and boost its price.
Finally, ONT is scheduled to launch its mainnet in the near future. The mainnet launch is a major milestone for any blockchain project and could be a catalyst for a price breakout.
Conclusion
The technical indicators for ONT suggest that the price may be due for a correction. However, there are a few factors that suggest that ONT may be ready to break out of its range. The overall cryptocurrency market is bullish, ONT has been developing strong partnerships, and the mainnet launch is scheduled for the near future.
Overall, the outlook for ONT is bullish. The price may experience a short-term correction, but it is likely to resume its upward trend in the long term
Disclaimer
This analysis is not financial advice. It is for informational purposes only. Please do your own research before investing in any cryptocurrency.
ONT/USDT - Continuation of the Pump 🫰#ONT/USDT Analysis
Description
---------------------------------------------------------------
+ ONT is currently on the bullish trend and just hit the resistance line around 0.2631 range
+ I personally don't think this is a major resistance and we can expect the price to break this resistance and continue the bullish trend
+ Lets get a clear confirmation for the trend so i have added entry price above the resistance. This will give a confirmed trend.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.2665
Stop Loss: 0.2306
------------------------------
Targets 1: 0.2784
Targets 2: 0.2983
Targets 3: 0.3311
Targets 4: 0.3699
------------------------------
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
ONTUSDT Long Setup
🚀 **ONT Breakout Trade - Daily Chart**
**Overview:**
Ontology (ONT) has been consolidating within yesterday's high range, setting the stage for a potential breakout. The technical setup suggests an opportunity for an upward move.
**Technical Analysis:**
- **Entry Point:** Look for a breakout above yesterday's high range. Once the breakout occurs, consider entering the trade.
- **Target:** Set the target at 0.2386, anticipating a bullish continuation.
- **Stop Loss:** Place the stop-loss below today's low at 0.2277 to manage risk effectively.
**Risk-Reward Ratio:**
Maintaining a favourable risk-reward ratio is crucial. With a target at 0.2386 and a stop-loss at 0.2277, the potential reward outweighs the risk in this trade setup.
**Disclaimer:**
Trading involves risks, and this idea is for educational purposes only. Conduct your own research and be aware of market fluctuations. Adjust your strategy based on the evolving market conditions.
**Conclusion:**
As ONT shows signs of breaking out from its consolidation, this trade aims to capitalize on the potential bullish momentum. Stay vigilant for the breakout signal and execute the trade according to your risk tolerance and trading plan.
Feel free to share your insights and questions below!
Happy Trading! 📈🚀
ONT IS A ROCKET !DDWe are in an ascending ABC, wave A was formed and wave B was a diametric, and now we are ascending in wave C. It is expected that we will move towards the red area while keeping the green box
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ONTUsdtThis currency also has good fundamentals, and if Bitcoin keeps its price and larger currencies stop a little, we can expect good movements from ontology.
However, don't forget that the above three goals for this currency may not be attainable even in bullmarket
Good luck
EntryPoint:
0.3408
0.3295
0.3065
Supports:
0.2892
0.2729
0.2512
0.2261
Resistances:
0.3573
0.3806
Targets:
0.4186
0.4990
0.5906
0.6617
MidTime:
0.8288
1.0458
1.2466
1.4374
1.6529
HODL:
2.0173
3.4934
GL
Ontology (ONT) - Bullish divergenceOn the above 3-day chart price action has corrected an astonishing 95% since mid 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence as measured over one month. Looking left 10 is highest number of oscillators to print positive divergence with price action.
3) Price action prints a double bottom on past support.
4) The Bull Flag breakouts forecast the approximate targets and order. Shall identify them elsewhere when printing reversal signals.
Is it possible price action continues lower? Sure.
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Long Timeframe: Act this month
Return: See chart!
📈ONTUSDT in a weekly wedge structure📉BINANCE:ONTUSDT
BITTREX:ONTUSD
Hello Traders, please check out my previous ideas.
If the price stabilizes below the yellow area, the long scenario won't be fulfilled.
Targets are 0.33, 0.40, 0.50.
Divergences are indicated in the chart.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
ONT/USDT Eyeing a Bullish Reversal from Demand Zone?👀🚀ONTOLOGY💎 Paradisers, focus on #ONTUSDT as it exhibits an engaging trading pattern. Following a rejection from the supply zone, the asset is now trading within a demand zone, signaling a strong likelihood of an upward movement.
💎#ONTOLOGY has shown a pattern of adhering to a descending channel, breaking above it to initiate an upward trend. Recently, after facing rejection from the significant supply level at $.2446, ONT is gearing up for another attempt to breach this supply. A successful breakout would markedly increase the prospects for a bullish movement. Should this upward trend persist, ONT aims to target the resistance level at $.3440.
💎 For the discerning Paradisers, precise timing is crucial in capitalizing on this development. Identifying optimal entry points during this expected rise is key, coupled with caution to avoid entering at the market's peak. Additionally, #ONT traders should be prepared for a potential bullish resurgence from the support level of $.1985, particularly if it surpasses the demand level at $.2105. Nonetheless, a drop below this support could signal potential challenges in maintaining the bullish momentum.
💎 In this dynamic and ever-changing market environment, strategic foresight and informed decision-making are essential. Developing a robust trading strategy, inclusive of effective money management and a comprehensive understanding of support and resistance dynamics, is critical for achieving trading success. 🌴💰
ONTUSDT"The asset was under strong pressure from short participants and reached a value of $0.49255, where buyers began to show their activity, and the price gradually started to rise. Subsequently, the coin began to form the 'Cup and Handle' chart pattern, indicating the presence of strong buyers. The final confirmation of this pattern occurs when the asset breaks through the resistance level from which its formation began, as we can observe on the chart.