Can Ontology (ONTBTC) do 100%+?
We will know soon...
Thanks a lot for your support.
Trade: Ontology (ONTBTC)
BUY: 0.00000700 - 0.00000770
NEXT SUPPORT: 0.00000650
PROFITS POTENTIAL: 117%
(Buy calculated at 0.00000765)
Ontolgy remains above the support suggesting continuation of an uptren/correction or even a long term trend reversal. For now it is important that price will not break and close below the low produced just under the support. Secondly, price has to break above the recent high in order to confirm strong bullish momentum and this is when price might skyrocket.
This is a weekly timeframe.
I advise you to look at the asset.
The accumulation has already been going on for two months.
A shot up will be powerful enough.
Stop loss for 700 are set
burns at the volumes that went into the coin
Bottom of this range has held for 2 months now, worth a trade imo. Looks like there is some accumulation going on. Alts have had a few good weeks, lets see if we can continue this
Targets on chart, I entered here with 6% SL to give it some room.
ONT is forming descending triangle. Currently holding steadily on its support.
RSi is rising and bouncing off its support
MACD is rising as well
SBS indicator signaled BUY on daily
BUY at the support or at the breakout
Targets and SL are on the chart.
We have been doing combined analysis on ONT/USD and ONT/BTC pairs.
Observations - It has been doing fairly well against both currencies lately. Forming higher highs consecutively on the BTC pair, but approaching strong resistance levels on what is to be characterized as ascending triangle opportunity later.
On the USDT pair - Big one fallin wedge on...