$ONT / $BTC Analysis. Good Time to Enter?
It will not a surpise to me if ONT will back to 0.786 support which is 0.0002364 as the similarities happen towards the price action and RSI level. Let me expand this opinion.
Through bear market as the majority is struggling in 8 months to hold up, there is nothing special with Ontology which also experience the same thing either. But this coin was one of the most phenomenal gains after it's release.
Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.
Right now it's still one of the best pick, but must with a good entry. Which from I see, 1st: 0.0002731 / 2nd: 0.0002364 / 3rd (worst case): 0.0001896) after those, we will hold and wait it will get back to the neares top 0.0004083.
Through bear market as the majority is struggling in 8 months to hold up, there is nothing special with Ontology which also experience the same thing either. But this coin was one of the most phenomenal gains after it's release.
Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.
Right now it's still one of the best pick, but must with a good entry. Which from I see, 1st: 0.0002731 / 2nd: 0.0002364 / 3rd (worst case): 0.0001896) after those, we will hold and wait it will get back to the neares top 0.0004083.
Trade active
Still on the support 0.618 If this level is flat, i will enter my first trade and looking for 0.768 as a second entry, as I said above.