ONG/BTC - Ontology Gas: Failure Swing◳◱ On the $ONG/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00001061 | 0.00001172 | 0.00001353 and support near 0.0000088 | 0.0000081 | 0.00000629. Entering trades at 0.00000888 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Ontology Gas
▣ Rank: 260
▣ Exchanges: Binance, Bittrex, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ontology is a high-performance public blockchain that provides a platform for smart contract creation and decentralized application deployment. Whereas other smart contract platforms like Ethereum use a single asset to both help secure the network and pay for transactions, Ontology features a two token model. ONT allows owners to contribute to Ontology's Proof-of-Stake (PoS) security system and participate in the network's on-chain governance protocol. ONG, on the other hand, is used to pay any transaction fees, such as when a user transfers ONT to another address, deploys a contract, or interacts with an application. Ontology users can earn ONG by staking ONT (locking up the token) on the network.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000888 ₿
▣ 24HVol: 6.877 ₿
▣ 24H Chng: -5.33%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001061 | 0.00001172 | 0.00001353
◢ Support: 0.0000088 | 0.0000081 | 0.00000629
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 5.93
▣ Last 90D: 2.25
▣ Last 1-Y: 1.08
▣ Last 3-Y: 0.71
◲◰ Volatility :
▣ Last 30D: 1.08
▣ Last 90D: 0.76
▣ Last 1-Y: 0.77
▣ Last 3-Y: 2.67
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.80 - V. Bullish
▣ Reddit sentiment score is 0.84 - V. Bullish
▣ In-depth ONGBTC technical analysis on Tradingview TA page
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