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Ontology / Bitcoin

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ONTBTC trade ideas

Ontology (ONT) Makes A Higher Low And Holds The Uptrend ONT is one of the few major altcoins to actually NOT venture to new lows on the ratio since the "altpocalypse." On this chart, you can see that it is currently back above its slow rising support (pink). I bought originally at $0.60, and it has so far outperformed Bitcoin by a small margin. The same can't be said for many altcoins. Unfortunately, ONT is still held in check by other broken rising supports (light blue trendlines) and has a lot of overhead resistance. A lot of altcoins seem to be close to ending what could be ABC corrections since their massive dumps against Bitcoin, so I'm interested to see what happens with altcoins here as Bitcoin prepares for its next big move (up or down). Something else to note is that ONG is on the rise a bit today, which could indicate an upcoming ONT run. On the downside, if we slide below the pink uptrend again, things won't be looking good for ONT. If we look at the USD chart, things look very good. We're well above our rising support, so we have a lot of room to fall, should the market experience a correction here. We're also on the verge of breaking above the neckline of a potential enormous cup and handle pattern at $1.68 that could send us skyrocketing towards the $2.80-$3.00 resistance. My speculation that ONT was undergoing accumulation in the $0.50-0.60 range was correct before, and I timed the breakout on its Bitcoin ratio pretty well. Previous Ontology analyses are linked below. This is not financial advice. Just a coin I've been observing for a while, since I bought low and want to see if it can remain looking bullish. This is for personal and speculative purposes only. -Victor Cobra
Long
by VictorCobra
ONT – ONTOLOGY – up to 100% profit possible soon.Hi Guys. As we had a great rally on BTC now there should be time for the other crypto to rally. We can see a very nice positive movement on ONT. The price touched the bottom and bounced up strongly. Here is why it is worth buying it: • Ichimoku Cloud – the new bar starts above TenkanSen( this level is often a sign of positive price movements on crypto) • Weis Waves (volume + price) – as we can see the last red wave (red) is significantly smaller than the previous one. The supply is falling down. All we need is more demand. It will come. Soon. • Targets to achieve in the near future (days/weeks) o Target 1 : 0.0002247 o Target 2 : 0.0003500 Further target possible as its max in April 2018 was at 0.0012 So this is a strong project with more than 50 engineers on board. They are a platform for dApps – they provide development tools and support multiple programming languages. Ontology blockchain framework supports public blockchain systems and is able to customize public blockchains for applications. Ontology also supports collaboration among chain networks with protocol groups. With high-performance features like VBFT and sharding, Ontology is ready to power applications for the world’s millions of blockchain users. Happy trading! If you like our job hit a like to support us! Thank you for reading. Massive Hugs! WBM Team
Long
by WBM_Team
ONT \ BTC NextmovePossible movement of ONT \ BTC next month Black line was support at 4600 and 4550 in april 2018 and became strong resistance from august 2018 at 4200, 4100, 4000, 3300, 3250 Green line, was support at 2000 and 1500 sat on march 2018 and return support from december 2018 to february 2019 ONT is in trend channel from 2000 (support) to 2500 (resistance), we are watch possible new channel (yellow one) IF ONT broke upper resistance can push up to black line (strong resistance) in area 3000 sat IF ONT broke lower support return to 1500 sat. What we expect (it's a personal vision, not a suggestion) PURPLE LINE
by EmanueleFerrari