Ontology
Ever had a premonition? ONT Ontology VS ADA Cardano... BullishWish you could see the future?
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DYOR . Not Financial Advice Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Broad Bull Channel | Wedge | Bull Trend | ONTPrice action is moving in a Broad Channel. We can see some good movements in Daily as well as 4h Charts.
We are waiting for a Wedge Breakout up wards or if this fails we can have a buy set-up at Support of Channel
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
Ontology USDT Could do its thing in Matter of time. BINANCE:ONTUSDT has already spiked over 220% since the low of March levels.
This is a long term and has well calculated risk to reward ratio. Please do not take it as an financial advise.
Both cases are explained in chart close below demand zone could push us towards support zones. A push upwards from here can take us to next levels as mentioned in the chart.
Possible long entry could be a retest of EMa-200 on daily TF 0.5910 levels but a wick down from here looks highly likely Therefore try placing scattered bids within demand zone.
For mid term perspective i would say Take most of Profits in Trouble areas where EMA300 is sitting at 0.6836 .
Always take profit and use Stop loss. never risk more than you could afford losing.
Happy trading.
ONTBTC - Bounced at support ONT touched the support at the lower band of its bullish channel and which got rejected. We might see further consolidation above 620-630 SATs.
Key resistance levels are 670-680 at the intersection with the long term bearish trend line, if it breaks above that, 750-770 will be next targets.
Strategy: Long at 620-630
Target Price: 670-720-770
Inverted Head&Shoulders Pullback on ONT Hello Traders,
ONT is forming an Inverted Head&Shoulders and it seems to be confirming this pattern with this pullback to the neckline. If the price goes above yesterday maximum will be a pretty bullish indication that this asset is going up.
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Ontology Gas (ONG) Aims Higher, Easy 80%+Ontology Gas (ONGBTC) is getting ready to jump with its price now trading above the MA200 black line.
The last time this happened with had strong additional growth.
Recently we had a long-wick up, testing EMA300, and now we will surely have a second run.
Prepare for an easy 80%+ for Ontology Gas this month.
Namaste.
Ontology (ONT) - June 22Hello?
Dear Traders, Nice to meet you.
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You need to make sure you can get support at point 0.6196.
Around June 28, we need to check if we can rise above the 0.6692 point and the uptrend line (1).
If it fails to climb, it is possible to touch the 0.5665 point.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
ONT.BTC (Y20.P3.E1).More to goHi All,
Looking at the recent pullback, and acknowledging that the drop or rise in BTC with these impulses has given us many mini Alt seasons.
So lets make the most of it.
Based on my lines and a breakout from the wedge and a pullback to the 0.5 fib level, can possible allow the flagpole target to be reality.
We still have a nice uptrend formation, one of the better structures for the Alts.
As per the chart, my 1st target is 0.000074 - 0.000075
2nd target, for the inverse H&S, chart below
The only issue I have with this setup is the 2 wicks on the 12 HRLY as it makes the stop limit loss more than I like.
Please give me a like or tick for this post.
Regards,
S.Sari
12 HRLY chart - displaying major levels
As the friend said, a inverse H&S as well as the main target
Big week for OntologyHello everyone, ONT cleave under the bearish historical trend line, pay attention to volume. It's interesting, if ONT able to break up the trend line on weekly timeframe and close a candle above it, achievement to flaged targets must not be hard
Keep your eyes on ONT and like support me with a like and comment. TNX
ONTBTC Trade Inv. H&S| Volume Profile| 200 MA Resistance Evening Traders,
Today’s Analysis – ONTBTC – breaking its neckline zone if it’s Inverse head and shoulders. A retest and hold of the .618 Fibonacci is a long opportunity with defined risk.
Points to consider,
- Macro Inv. Head and Shoulders
- Neckline support (Retest)
- 200 MA Immediate Resistance
- Oscillators Neutral
- Volume Profile in synch
ONTBTC has broken out of its macro bullish pattern; the technical target is in confluence with structural resistance.
The Neckline retest will allow for a long entry with defined risk. The S/L placement logically is at the recent thrust candle.
Retest and hold of the neckline will solidify it as support and further confirm the reversal pattern.
Immediate resistance is the 200 MA, price initially has respected it. Breaking this resistance will be very bullish; reaching the technical target will become more probable.
Both oscillators are neutral in retrospect with the pattern. Trading above the 50 level gives a bullish bias in the market.
The volume profile is in synch with the pattern, the recent volume spike confirmed the neckline break. Volume follow through will be key when reaching the technical target.
Overall in my opinion, ONTBTC has a very clear inverse head and shoulders at play. Retest of the neckline, (.618 Fibonacci), is a valid long entry with defined risk. Breaking above the 200 MA will increase the probability of reaching the technical target.
What are your thoughts?
Thank you for following my work!
And remember,
“Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
ONTUSDT BULLISH TREND ONT has beenbullish since Mid March and now edging closer to enter it's Distribution zone before breaking out again as seen on a Daily Chart.
With their Mainnet 2.0 coming our way early Next week before July I expect a Bullish break out after entering Distribution zone.
By hodling ONT at this time for a longer period will have a nominal 38% ROI. Entry point for a long term LONG should be below 0.6566
For swing traders, I recommend an Entry durig a Pullback as shown on Chart,
HODL ONT TRADERS!
DIRECT MESSAGE ME FOR ANY GUIDANCE OR QUERRIES.
Ontology (ONT) on the riseHi all,
Looking at ONT as one of the alts that moves pretty nicely these days, we can clearly see a new higher high was printed today at .670. We are also above the uptrend line and there is plenty of room for growth if the we manage to close above this level and consolidate on daily.
Target up:
.690 - very important as this is where the 200-day EMA sits currently.
.710 - which was mainly acting as uptrend support, but still its a level to watch for.
.740
Cheers,