ONT seems to be at its support
ONT always bounces off from this BUY ZONE 4 times
BUY at the BUY zone area or closes above the white trendline
Targets are on the chart
SL -5% of buy-in or below last support
ONT has played off the gann arcs as seen by the red arrows and the timing of the last pump. Watching to see if we get a repeat this time around.
Targets are the 1. green Gann 2/1 line or 2. the next arc
The price action has retraced between 0.618 to 0.786 fibonacci and now we have four touches at potential reversal zone's support and pricline is likely to failed in breaking down the support. Now it can hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.0002170 to 0.0001812
Sell between: 0.0002452 to 0.0003297
Atif Akbar (moon333)
A break and close above 12 EMA(yellow line) could signal a reversal. Blue dotted trend line holds as support. Another leg down still possible but trendline has been holding strong.
I predict prices to test 26 EMA (purple line) then 50 SMA weekly(green line) in the distant future.
Still alot of people skeptical about the state of BTC so there's low volume....
$ONT Breaking above descending trendline, for now rejected at 19.5k Sats similar to previous iterations over last weeks...
Showing some volume but I would like to see some continuation
For now I would wait for a flip over resistance or a retest of support as entry..
Ontology ONT and Ontology Gas ONG
Ontology uses a dual token model. ONT is a coin and can be used for staking in consensus, whereas ONG is a utility token used for on-chain services. ONT releases ONG periodically.
Why buy the cow to get the milk when you buy the cow (Ontology) and the milk (ONG)
Explained by technical analysis on the graph.
157,770,000 ONG in...
BUY : ONT/BTC BINANCE
BUY ZONE : 1600-1700 sats
1) 1800 sats (SHORT-TERM)
2) 1900 sats
3) 2000-2050 sats
BULLISH ALT SEASON TARGETS
4) 2150-2200 sats
Stoploss : 1455 sats
Ontology has been consolidating around 1500-1700 sats for one month, same structure form in december last year after that we saw extrem spike more than 100...
$ONT Lacking of volume for now but I can see this one catching up market soon..
Retested ATL BTC (potential double bottom)
RSI & MACD rising..
Wait for volume // flip at resistance (19.5k Sats)
If you are into accumulation, buy below or as close as possible to 16ksats
Ya'll had 7 moths to buy down here. Looking adios af! Use a stop, life has a fail rate.
I've been day trading ont since the very bottom.
***thread in comments****
I'll keep day trading and updating said thread