ONT / BTC Local downstream channel step 70%. The price is in the middle of the channel. There is no entry point right now. Quite an interesting surveillance tool with potential good entry points and bold targets, but not right now.
Input + Target
1) Entry from the bottom of the channel upon confirmation of support and significant buyer's volume. When entering...
ONT / USDT Main downtrend. Downlink. Local uptrend. Keep the ascending channel.
The professional work of a market maker is visible. Reminds LTC / USD or ATOM / BTC.
The price has now approached an important trend reversal zone.
If there is a breakout and consolidation above the downtrend line of the main trend, then the main trend will reverse.
People who listened EngineeringRobo's BUY 2 & SUPER BUY signals at the first week of July, enjoy your 15.79% PROFIT that you made in 1 month!
If you are holding ONT, do not hurry to sell since the candles are above the support level (0.56)
If you want, you can take profit at the resistance level (1.02) or wait for EngineeringRobo's SELL signals.
If you haven't...
Just refined the previous idea of BINANCE:ONTUSDT Looks ready now. Take your profits on red lines.
Previous Post radingview.com/chart/BTCUSDT/XBW685g6-Ontology-USDT-Could-do-its-thing-in-Matter-of-time/]https://www.tradingview.com/chart/BTCUSDT/XBW685g6-Ontology-USDT-Could-do-its-thing-in-Matter-of-time/
I have 4 positive signals and it is almost breaking the down trend line
if you hold this coin you can sell at the resistance level ( $ 0.86) or you can see the resistance line turns the support line( $ 0.86) and it goes really well you can continue watch EngineeringRobo's sell signal
You can buy this coin when it breaks the down trend line and after 1 candle opens...
Sitting above ~8200 sats level (potential R/S flip on the 8H)
UCTS Showing buy signals across multiple timeframes
An entry at support level w/ tight SL just in case could be a valid setup aiming for ~9300sats as continuation (13%+)
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PAIR: ONT /USDT
T/F: 1 HOUR
RISK - Medium
- Breakout, Pullback to Support Zone
Crossing over ~6500 sats w/ nice volume as UCTS turns green across 1/2D and lower timeframes...
Continuation should allow ~7200sats as 1st target while I will be aiming for a retest (flip?) of crossed level as potential entry
ONT is forming an Inverted Head&Shoulders and it seems to be confirming this pattern with this pullback to the neckline. If the price goes above yesterday maximum will be a pretty bullish indication that this asset is going up.
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