ONTBTC trade ideas
ONT (just like NEO) a really good buy.Greediness!
Both NEO/ONT on the same scale. Guess it's cause of the production of GAS/ONG by holding.
Both have returned to the mean.
Regardless,
very similar story to NEO. Seems to have been very manipulated and brought down to accumulate further.
Ichimoku cloud is very thin on the daily, and the appearence of the 200EMA makes me think perhaps we can break the cloud rally towards the 200EMA, get rejected, test previous support and rally on.
All the tale signs of a good healthy bull run.
TD sequential exhausted, RSI's bottomed out, especially on the weekly (perhaps wait for a slightly lower entry in the green box).
But overall, an insanely profitable buy.
Good luck.
ONT- ONTOLOGY – Profit on the horizonHi Guys!
As early hours on Monday were rather mundane just now we can see some positive influx on the market.
BTC has gone up over 2% which made other cryptos go north.
One of them is ONT.
If you want to know more about the project please look at our previous analysis down below.
Here are technical analysis details:
• Profit/loss ratio at 560% - we can lose 1650 st to all-time low but we can gain 9200 st which makes such ratio as given above
• We managed to defend support line which came into effect on Sept 12th – good
• We have to resistance lines to broken – one already was broken at 0.0003102. Next line to broke is at 0.0003308
• MACD – bull’s cross present
• Weis Waves – significant green bars and no red ones which means no supply and growing demand
• Chaikin Money Flow – Positive trend of the pressure on the price which was strengthened recently – look at the angles marked on the chart. We also crossed zero level which is a bullish sign.
So Traders. We hope demand on this coin will last for a while. If so we can earn a decent amount of $$$. Technically it looks very very good.
Are you in? Do you have any additional info regarding this coin?
If so please do share it with us!
Thanks for being here!
LOVE YOU ALL!
HUGS!
WBM Team
ONT BREAKS OUT TRIANGLE, STRONG MOVE IS COMINGWe generally encounter with that retracement levels are promising measure with breaking point. Previous month, ONT tested .236 point but it didn't surpass this level. Thanks to structured triangle pattern, ONT will try to test this point again and this time, I hope, it will break this level and go on .382
ONT BTC TIME FOR ONT AGAIN !?broke out of descending triangle formation on h4 chart , it also made a pivot and crossed key MA levels !
greenbox= entry
blue dotted lines=targets
ENTER 2800-2900
STOP -10%
TARGETS 3120-3400-3800
**AS ALWAYS , NOT FINANCIAL ADVISE ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING.INVEST AT YOUR OWN WILL**
Analytics ONT/BTCThe Ontology team has a global idea of building a bridge between the real economy and the blockchain, the platform’s functionality is focused on integrating blockchain solutions into business processes.
The asset rate is correlated with the market, the volumes rise up from the middle of August, but there was a significant drawdown before it.
Now the rate is in the accumulation zone 0.000265 - 0.00036, the asset is deposited in portfolios. The entrance to the asset in this range is quite comfortable. The security entry point is 0.000265-0,000272. When the price approaches the exit from the accumulation zone, additional analysis is needed to clarify the direction of movement.
The main trading volumes go through a pair with the USDT. It’s shows the predominance investors interest, not speculators.
The medium-term growth potential of the coin is about 260%.
Ontology is in a crossroads - Heading down!The market is telling us that we are still very much bearish at the moment, BTC currently looks to be trending down with a 90% probability of hitting a major support level at around $5775 and potentially lower to $4900ish, within the next 10 days. If this scenario plays out expect alts to face a major dump. Ontology seems to hold quiet well during markets downtrend, but don't be a fool to think ONT will not see a new low. I understand, this is not the most popular option for many, but October and November still very much bearish in the crypto world. We will see bounces between now and the new yearly low, but the end target is coming and coming fast.
I expect to see this scenario taking place and set my buy targets as followed:
Buy: $1.50 - This will come very soon
Buy: $1.21 If the $5900 BTC supports break expect T2 to be filled
Buy: $0.91 If $5700 breaks We are definitely picking up more ONT at T3
I hope one this scenario plays out as this not financial advise. Like, comment, share your thoughts and opinions.
ONTBTC: a possible support retestIn a long-term, Ontology is one of the most promising coins out there. However, as, perhaps, all the altcoins these days ONT got driven by the bitcoin price action. Now it is above the strong support level, but if BTC will go down to test 6k, ONT will very likely break the support and reach the previous low. However, after that it is reasonable to wait for a huge rise.
Not a financial advice.