My previous post yesterday was related to the smaller ascending wedge pattern that had a break out down causing the recommended stop loss at 0.00042500 to trigger. Since then I have been out and watching the RSI, as I indicated in my comment to the last post. On the 30 minute chart, the 60 and 50 RSI levels have acted as strong support during the recent runs. Now...
I like the steadiness of this coin and the easiness to analayse it, but we never know what will happen of-course...
It has very less reaction on BTC's movements, which I like a lot.
But we are only clear if it breaks out of the ascending trendline...
Until then, I think this coin must take a break...
ONT broke out a few days ago from a triangle pattern. The red line sets forth the breakout target based on the maximum height of the triangle pattern. ONT has already passed the target.
Third turn-away from the top of the new rising wedge pattern. Watch out for a breakout down and keep a tight stop-loss. Thinking 0.00042000 right below the triangle pattern...
Too bad I didn't see the bigger picture... Thought first... what a boring coin..
First time I check this coin on Tradingview, and looks like a very clear 'cup and handle' in a 'cup and handle'...
Hope it will reach the potential target..
Again.. I cannot believe I didn't see this coming.. in 10 days.. 4x !
After forming a strong support at 14700 satoshis, ONTology started to move up, reaching the previous resistance level at 33800 satoshis. At that point consolidation has started in form of the triangle patter. Today price broke the triangle pattern and previous resistance, suggesting the continuation of the uptrend.
Although the correction down towards the...
dont even look at this chart... its terrible... the 1d is almost to max so this would implicate this is a pure pump to offload bags... wait for a nice strong dip and scoop up what you can for the next rise... gl all
Newly launched on Binance, Ontology looks to have fulfilled it's first impulsive wave and could now be forming a bull pennant consolidation before breaking out for it's next wave (wave 3 of an elliot wave cycle).
Look to buy on a breakout of the consolidation triangle.
Target 1 would be a 1:1 measured move of the first wave at a price point of around...
One of the few coins that continue to grow
Forming the ascending triangle
If the stop is executed, it will be a change in the uptrend
We must understand that the coin is new.
And for this purpose we calculate matimatically. (Fibonacci)
Entry point: 0.0003501
ONT to the moon, if big daddy (BINANCE:BTCUSDT) permits!
Entry — 36099
Target 1 — 46212
Target 2 — 65987
Target 3 — 85395
Target 4 — 97691
Indicators looking goods
31/03/18 - Test net will be up by end of March, and main net to be in Q2.
14/04/18 - NEO Council will be holding the NEO.Amsterdam Summit at...