ThunderLight spike value was above 3: very strong buy signal.
Buy : 5638, 5467
Sell : 6359, 6751, 7251
StopLoss : -5%
Disclaimer: This is not an investment/financial advice, Trade at your own risk. Always do your own research.
Spring season might not enter altcoin market, except the usdt pairs. ONG suffered massively sell since it got listed on Binance, but it exposes good reversal sign the recent days. The H4 RSI breaks out key resistance, heading to overbought area. The H4 MACD had bullish crossover yesterday and the signal line enters positive region today. Though...
If this fib line does not hold I would expect further downside, doesn't look great for ONT here.
Blue triangle indicates the current range.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future...
Ont possibly just made a weak-a$$ 5 waves down. So weak that the 5th wave was truncated. (That means mad bullish, yo!) Buy into the uptrend confirmation. Green box above price or later entry is above B wave break out.
I've been day trading ont since February **********if you'd like to learn something the old thread/ongoing thread is in the comments section.**********
RSI : 41
Volume : Is having a good pump on the daily graph.
Accumulation Area : 17500 sats - 18500 sats
Distribution Area :
Target 1 : 19970 sats
Target 2 : 22770 sats
Target 3 : 25030 sats
Target 4 : 27300 sats
Target 5 : 30520 sats
Taget 6 : 34630 sats
Stop Loss : 15050 sats
Note : Already broke out the created falling wedge and on the 2nd wave correction for...
As we had a great rally on BTC now there should be time for the other crypto to rally.
We can see a very nice positive movement on ONT.
The price touched the bottom and bounced up strongly.
Here is why it is worth buying it:
• Ichimoku Cloud – the new bar starts above TenkanSen( this level is often a sign of positive price movements on...
Ontology, I have made a chart on the 18th of April for playing 2 scenarios.
It broke two Demand Zones and we are going down. Probably we will see retest bottom or at least it will go where the Strong Demand Zone is.
If we don't stay in the Demand Zone and we keep falling.. we might see New Lowest price.
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. There is a possibility of temporary retracement to suggested support zone (0.006510 to 0.005730). if so, traders can set orders based on Price...
$ONT Bouncing from support at ~2k sats... I would like to see a close above the descending trendline..
UCTS Buy signal on the 12hs
RSI coming out from oversold levels
MACD trying to turn
Let see how this evolves over the weeknd. No need to rush!