BINANCE:ONTUSD   Ontology / US Dollar (calculated by TradingView)
78.60% retracement is almost complete - On a bad day the candles could fall through and hit the 5th arc beneath but otherwise will rejoin it by either moving sideways or on the way down from a bounce - If Ont bounces here the range is as high as the underside of the 4th arc pair
Comment: The market has switched bullish and Ont candles have recovered the 4th arc pair - The arc is now support and the candles can climb up towards resistance at the fibs and fib ray
Comment: Arc support failed - $3.62-$3.70 should be a good buy zone for Ont
Comment: Here's the real ONT ;)
Comment: Support approaching, possibility of the bounce hapening here
Comment: Support on the fib
Comment: The market is weak and the candles have slid thru the fib, next support on the arc around $2.70
Comment: Ont reclaims the fib yet again
Comment: Ont has had quite a struggle for this fib but seems to have won and has opened todays candle above support
Comment: Ramming speed - Resistance on the bands

Comments

i am on the same boat :)
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thank you
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thanks, just bought some. was wondering what others are thinking
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@crypje, Yes i think its pretty safe here, Ont is a bullish coin and its fallen through 2 major fibs, i would be surprised if it fell through this one as well
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very nice
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