ONTBTC trade ideas
$ONT (bearish) Reached ATL BTC support level at 13500sats...$ONT Reached ATL BTC support level at 13500sats...
From what I can see from the chart, every prior iteration with this level needed way more volume that what is showing now & RSI was coming out from oversold...
At current market state, I guess we will see new ATL soon
#ONT
ONT will shine again soonONT made new lows yesterday but BTC might need to cool off here, as dominance has hit massive resistance (highs of the previous bull run)
If we could get a sustained bounce here, we could return to the POC/support levels and maybe even visit previous local highs
Altcoins are still very risky so close above support would be a safer bet
ONTBTC - Low Channel ONT coming into its historical background within a low channel. In the mid term depending on the volatility of the BTC can get to touch the top of the channel giving opportunity for profit within the next few days. RSI already points a larger fund than the last one formed. However he would wait to form a candle of reversal in the diary and enter the breakup.
Ontology 1:6 Risk setup - Easy money!Trading Signal - BUY
My buy price - 1570
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My Stop Loss - 1550 **
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ONTBTC a profit possibility up-to 86%The price action has retraced between 0.618 to 0.786 fibonacci and now we have four touches at potential reversal zone's support and pricline is likely to failed in breaking down the support. Now it can hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.0002170 to 0.0001812
Sell between: 0.0002452 to 0.0003297
Regards,
Atif Akbar (moon333)
ONTBTC I have a case for you!A break and close above 12 EMA(yellow line) could signal a reversal. Blue dotted trend line holds as support. Another leg down still possible but trendline has been holding strong.
I predict prices to test 26 EMA (purple line) then 50 SMA weekly(green line) in the distant future.
Still alot of people skeptical about the state of BTC so there's low volume. Until then I'll keep a close eye.
ONT ready to BLAST 50%+ONT has been on continous downtrend and recently broke up from descending triangle, there is massive bull divergence on 1 day chart, i think ONT is one of the most safe alts to get right now , it is sitting in the long term bottom from quite some time so there is less downside risk and more of upside here.
target1: 1989
target2 : 2254
target3: 2400