Ontology - A study of being.It's another coin/token, similar to Ethereum.
Some of you may have heard of it, and if your'e like me this is the first time you're seeing it.
General tidbits:
Currently, #22 on coinmarketcap
Has over 50+ Dapps already operating on its mainnet.
I am thinking it looks like a good buy setup based on technical observations.
Here's why.
Daily:
Bullish MACD divergence.
Bullish RSI divergence.
Just broke the recent low.
Very close to breaking the ATL.
Volume is increasing.
4 Hour:
Bullish MACD divergence.
Bullish RSI divergence.
Just broke the recent low.
Very close to breaking the ATL.
Volume is increasing.
1 Hour Setup A:
We just had a move up after breaking the recent low. Now we wait for sign to buy.
1 Hour Setup B:
It's possible, though less likely in my opinion that price will continue down for one last leg before changing direction. This could happen, though an you should be aware that it will actually provide an even greater more lucrative setup that you should not miss.
1 Hour Setup B extended:
If price continues downward towards the ATL and -27 fib extension. Look to buy at ATL around 1111 sats and fib extension around 1000 sats.
