Ontology Gas (ONGBTC) is moving back above MA200 today...
MA200 is the black line on the chart.
This indicator line represents an important level for altcoins trading pairs when looking at the daily timeframe.
When prices are trading below MA200, we cannot see strong growth take place and prices are likely trending lower...
But, when we have prices for...
I have only 1 positive signal
It is not good time to buy this coin now
Buy at the support line( $ 0,1142) sell at the resistance line( $ 0,2453) or sell with the EngineeringRobo' s sell signal
and try to catch EngineeringRobo' s buy signal after you buy it watch carefully EngineeringRobo' s sell signal
It is not a good idea to hold this coin at the moment...
We need to wait for either support(0.0988) or when resistance (0.243usdt) turns to support.
Engineering robo supports the decision above. Engineering Robo signal has red robo and sell2 signal. Thus we should not buy at the current time.
We should only buy at SUPPORT and technical indicators from EngineeringRobo support us, then ONLY we should buy!!!
The candles hit the dashed line and started going up. Therefore, the candles go to at the resistance line (0.25), and if the candles pass the resistance line, the next one is 0.30 (yellow dashed line)
watching be carefully:)
Our analysis made over 100% profit and It is currently in the process of adjustment, when the price returns to the area of 1500-1700sts, we can consider to buy back for quick pumps.
But if it returns to above 2500sts, it may keep pumping to our last target at 4500sts
Hi folks hope you are good and welcome to the new update on Ontology Gas Token. This token has surged more than 430%. We will try to understand how this token completed the bullish set up before making this powerful bullish move and how the price can behave next.
A big bullish Butterfly setup:
On 7th January 2020 I posted an article on tradingview and you can see...
Ontology Gas (ONGBTC) is getting ready to jump with its price now trading above the MA200 black line.
The last time this happened with had strong additional growth.
Recently we had a long-wick up, testing EMA300, and now we will surely have a second run.
Prepare for an easy 80%+ for Ontology Gas this month.
ONG has pumped so strongly as our analysis and now it is in strong bearish trend. But in this market situation, everything may changes. We need to prepare for 2 possibilities :
- Keep dropping : we will wait to buy it at 750-900sts (Detail point will be analyzed again in future)
- Pass over and stand stable above 1500sts : It will has big pump to 2500sts or...
on the daily timeframe, there is evidence that the bull is stepping up by showing price broke the current trend and price couldn't make any lower low. in 3 hr timeframe, there is a nice demand zone just created. it is a nice opportunity to catch this trend