alanmasters
Long

[ONTBTC] Ontology Back In Business [240% PP]

BINANCE:ONTBTC   Ontology / Bitcoin
Ontology ( ONT ) can be traded on Binance and it is one of the highest volume tokens on that exchange. Recently, Ontology had a very strong breakout and has been consolidating nicely.

A bullish pattern has formed on the charts and I believe a break up can happen soon.


Charts, signals & indicators

- You can see the bullish pattern in purple. This is either called a bull flag or bullish rectangle , it goes by different names.
- You can see the profits potential for this trade based on current price vs last all time high.
- Huge increase in volume can also be seen after the bottom was hit on the 14th August. And more volume keeps on building up.
- Very strong bullish divergence on the MACD , notice the huge jump in price after this signal formed.
- EMA10 (blue line) is now working as support... This is an easy trade for us.


Trade instructions for Alan Masters Trades supporters

Buy in: 0.000346 - 0.000387

Targets for Alan Masters Trades supporters

(1) 0.000404
(2) 0.000474
(3) 0.000544

Stop loss: (1) Close below 0.000310 on the weekly or (2) a close below 0.000268 on the daily.

Capital allocation: 5-10%.


GROWTH IS IN THE AIR

Next time you wake up, stop, remain calm, breath over and over... Remain in bed.

Take a few minutes for yourself, a few moments of breathing... Thinking of nothing, it is the perfect time to meditate.

Is there anything else that needs to be done?

No, that is all that it takes.

All you have to do is breath deeply for a few minutes, through your nose... Because GROWTH IS IN THE AIR.

Namaste.
Trade active
Comment: Patience is key!
Trade closed: stop reached
Comment: Looks like Ontology (ONTBTC) will move soon...

What's your take?

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Related Ideas

Closed below 0.000310 on the weekly !! What next ??
Reply
alanmasters Mahmoudezzat
@Mahmoudezzat, Now you can try again.
Reply
fail ?
Reply
@shell32, "Stop loss: (1) Close below 0.000310 on the weekly or (2) a close below 0.000268 on the daily. "
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thankyou for keeping an eye on ont
+1 Reply
alanmasters Paisleyred
@Paisleyred, My pleasure.
Reply
the indicator is still sell,will it happen before the bitcoin break down to 7000?
Reply
@helxsz, These coins are looking pretty strong. They might break up when Bitcoin retraces rather than down.
Reply
I’ve been following ONT for two weeks. It does not fall below 0.00034. By the way did the price range you gave end or is it still valid? How long will it take for it to start increasing? Thank you.
Reply
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