Hey! Price of ONT now moving inside wendge pattern and look like this:
On chart I find 2 spots for buying inside wedge. I marked them with blue rectangles.
Targets can be found near 0.6 and 0.7 zones, but just in case we can fix partially on levels below.
Keep up good trades, and never give up on risk.
Ont/usdt pair now close to key and strongest support it has around 0.5$ -0.51$
It tested it 5 times before and go up 50-100+%
I believe this support is very hard to broken also this area is 0.618 according to Fibo
Also you can see falling wedge which is also bullish pattern
So lets talk about buy area
Follow the enteries to decrease the risk as possible...
Buying around 0.0000747 - 0.000064
1 - 0.0000910
2 - 0.0001150
3 - 0.0001365
4 - 0.0001500
Fixation below 0.000059, the price will probably turn into accumulation
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Waiting for your comment, what do you think about this?
473 sat is all of time low support for ont
It can be the potential bottom before next move
Also with tether pair ont very close to very strong key support around 0.5$-0.51$
You can see here my analysis against usdt :
I expect move from this area but if you...
TA: we just touch fib 0.786 @ 0.62 and we stay on support now
FA: Check this tweet: twitter.com
Big event on 24th Sept...
check expo8 event website expo8 .pnptc. events/agenda/day2 ( Daimler mobility partner with ONT ) :
Future Mobility – How Daimler Mobility uses Blockchain Technology for real world...
ONT is consolidating while volume increased significantly.
Cup and Handle Pattern awaiting breakout for confirmation.
This → twitter.com
Could be the catalyst for the trend reversal.
Until breakout happens we're flat.
*NOT FINANCIAL ADVICE*
*NOT AFFILIATED WITH ANYONE*
Ontology is in a bull flag, which is Bullish pattern, I expect the breakout at least to $0.8765, which is only 3% from current price, but this is only a 15min chart, but this flag can easily reach even $0.9190 if Bitcoin breaks $10.600.
RSI is strongly bullish, over 60 and found support at 60.
MACD can give a strong buy signal.
Good luck with this trade!
-Ontology bounce strong and confirmed the upward trendline support
-It is now retesting the flat area of resistance around 800 sat range
-If we can see a resistance breakout and a good retest to become new support
-It is a signal of a strong trend reversal in the midterm
-The upside potential target is up to 1500 sat (previously strong...