ONTETH setting up for upwards trend? looks like it might break here since going sideways for a while now everything seems to be going alright for now
could also just dumb always keep this in mind
Trade Safe
Ben
ONT
ONT – Bullish pennants all over the place – Pending break-outOntology has been really going for it, jumping from one bullish pennant to the next one. Today we are experiencing pennant number 4, accompanied by a golden cross in the MACD (A) and upward momentum in the RSI (B), so this one is likely to precede a strong next bull run.
Talking targets, the previous 61,8% Fibonacci level is first up at 6650 sat. After that, I believe we can hit 8141 sat. That’s a nice gain.
I’m long in this one for the longer term, but if you just want to make a nice trade, this is definitely a good opportunity.
There is also a nice divergence showing that there is indeed further accumulation, a good example showing this is this author's (@mertmaximilian) post:
E.g. cumulative volume index divergence on the daily:
This one speaks for itself. Good luck.
PS: merely my opinion, DYOR
PS2: always happy when you give a thumbs up :)
Ontology break-out watchOntology has been consolidating in a channel, after correcting approximately 50% from it's massive run last week. IF we can close above the upper channel resistance at around 0.0005300, with some volume, we can see another impulse begin. We can look for a target around the 1 to 1 extension of the previous wave up, 0.0007500. This is not an extension of the entire previous cycle, only of wave 5. Therefore, this will be a sub-wave 1 of a larger impulse cycle to new highs.
Should be a good dayThe bbands are getting tight and squeeze momentum looks really nice. $ONT should be a nice bet for the day to go long.
reverse sell ontwait for a retrace to the bottom of the wedge if possible and buy there. or closer to the 50k range at least
Looks like we havent started B.... Big spike off of 382 Likely fABC Short can ride B if you want but not my play
ONT/BTC, next shoot with 5%? #BTCSo Fellas,
again. Position placed. Targets are set, rebuy zone on point.
Let's try to get a 5% gain today.
Good luck trading,
bitcoin-089
$ONT H&S AND 3 DRIVES PATTERN$ONT seems to have a 3 drives pattern forming inside of a H&S. The fib levels verify the 3 drives pattern so far, awaiting the final drive down to the 1.272~1.618 fib level. seems to be oversold currently and a drive up is expected to the fib levels below the neckline, before continuing down to complete the H&S to the 0.5 ~0.382 fib levels. I don' think the 0.382 fib will hit for the H&S completion, more likely to just below or at the 0.5 fib.
ONTBTC 10% + 30% +ONTBTC
ONT drew a flag that could mean a good increase in price.
if you decide to enter the trade, be sure to use the stop loss according to your trading plan.
The situation for the BTC is not defined, and the market at any moment can also turn around swiftly and go the other way pulling everyone.
All good luck and good trade
ONT buy zone after correctionONT is showing a very nice clean Elliott wave structure, correction towards 0.5 is very likely, even the golden ratio till 0.65 is a potential scenario to keep in mind.
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
ONT: Will settle lower before giving buy signalONT has been swimming against the current, posting remarkable gains over the last week. It does look like it's cooling off at the moment; RSI is down (on 30 minute) and Ichimoku cloud signals seem to indicate that this will retrace some more yet. I would pick up more as it dips closer to $4 mark.
ONT/BTC here we go again. Let's start a trade!Hi Fellas,
let's see how the bulls atm in BTC runs over everything and let's see how we can profit from those situations.
I've placed my position and planned a rebuy if it will go straight to the second support line. It could, as it was just a spike outside of the downtrend channel/bear flag which is still active.
Target been set which could be also a resistance. Watch out for RSI, MACD, and BB (using Madhatter).
Keep you posted.
good luck trading,
bitcoin-089
