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Ontology / TetherUS

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ONTUSDT trade ideas

ONT reached resistance.This is an ONT idea. ONT just pumped and reached the 1H resistance level. There are two resistance levels on the way up and two support levels on the way down. We have two possible scenarios: Scenario One: The price will reach the solid resistance level and get rejected to touch the local resistance for confirmation. Scenario Two: The price will get rejected, supported locally, and pushed back up again. As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement. RSI is oversold, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
17
ONTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for ONTUSDT Here we have R2 and R1 as the resistance areas that both express the price was unable to rise at several points. And S1 is our support area that shows the well support of the price since the past. At the present, we have the price fluctuating below R1 and we expect it will fall to S1 as its past behavior. Here we must wait for some confirmation candles and our expectation would be a rise to R1. We believe it is not so possible for the price to face more decline below S1 and therefore the rise will be our prediction to happen in the coming days. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
ONTUSDT is forming a falling wedgeThe price is forming a falling wedge on the daily support at 0.22$ area between the 4h structures. How to approach it? The price could get more liquidity from the 0.22-21 area and create a reversal trade. so, IF AND ONLY IF, the price is going to have a breakout from the falling wedge and 4h resistance and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
Ontology Analysis ;ONT/USDT Update 📈📉HEY, what's up today ?! Since 26 Mar 2021,that I posted the last analysis for Ontology ,by testing the higher key Resistance zone it rejected and failed to rise , then almost as other altcoins has been declining till now! So today as you see on the Weekly timeframe for ONT/USDT again , after a little consolidation phase underneath of current PIVOT zone recently has had 3 consecutive bullish candle ,also according to positive divergences that recently appeared , now it can continue its uptrend , so in this case if it be able to overcome the pivot zone and then breakout the descending trend line ,it can reach the higher resistance zones and likewise to see higher R zone OR even test VWAP line , but likely will get rejected at the higher resistance zones so we also think about both long then short position ! but otherwise if losses the current zone it can again see the lower support lvls! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
4