Hi everyone, it looks like Ontology USDT has formed an inverese HS pattern. It may tak about a month ONT to recover) lts see Please share your thoughts.
Weekly Looing at our trend timeframe we see ONT remains in a minor uptrend, stochastic rsi showing momentum in favor of the bulls. This week's candle tested our uptrend drawn from early January. Next week we should expect another retest of the $0.80 unless the smaller timeframe shows otherwise. Daily Shifting over to our pattern timeframe we see ONT has...
Ontology looking quite bullish, set-up: Entry range= 0.0000877 - 0.0000855 Take Profit= 0.0000934 | 0.0000997 | 0.0001086 Stop Loss= 0.0000798
Weekly (zoomed out) Looking at our higher timeframe we see ONT remains in a downtrend since our ATH in 2018, however, the potential for this coin is personally one of my favorites. Looking at a naked chart we see the price has bottomed out around our $0.40 zone since then has gradually been heading towards the upside. Stochastic RSI showing momentum is in favor...
Ontology Gas (ONGBTC) just closed above EMA10 on the daily and is likely to continue growing. Below you can find a short-term signal for the above set-up. ------ PAIR: Ontology Gas | ONGBTC ENTRY: 0.00001310 - 0.00001510 TP1: 0.00001750 TP2: 0.00002050 TP3: 0.00002222 TP4: 0.00002450 STOP: Close 4h candle below 0.00001300. ------ Thanks a lot for...
ONTUSDT Bullish tripple missing right shoulder divergence Ontology just shows a bullish divergence on the USDT trading pair on the daily timeframe. As far as I can see, this one is pretty strong, as we are also on a major support level. On the weekly the EMA’s and MACD-Histogram are still declining. I am expecting an uptick on the daily which will result in the...
Volume could be not enough to continue bull rally. But knowing a little bit about cryptocurrencys something wiil tell me that is not the end
The cryptocurrency market while volatile is also very well calibrated. Some of you may be thinking of a possible new “alt season” coming. ONT seems to not have been left out buy the buyers and I envision an increase in price VS BTC in the future. The tide lifts all the boats. Some things may signal the beginning of a new uptrend. - The breakout of the...
ONTUSD is trading within a Channel Up on the 4H chart since he January 3 bottom. Levels to watch: - The MA50 on the 4H chart is supporting so far the uptrend. As long as it doesn't break, the price targets the 0.9550 Resistance 1. - If the MA50 breaks the pattern makes a pull back for a higher low. This happened in January 19. Projection: - This appears...
Weekly ONT on the weekly showing a major downtrend since all time high. Price currently sitting at 899 satoshis, stochastic rsi showing momentum is in favor of the bears on the higher timeframe which is a good sign we could be seeing a reversal. Weekly (Zoomed In) Taking a closer look at our weekly we see ONT has formed a double bottom and found support at...
Weekly Zooming out we can see ONT has been in a major downtrend since our all time high (close) around $9.25. Price is now sitting at $0.77, with our ATL (close) around $0.45. If we are simply looking at it from a risk to reward perspective, I think it’s a no brainer. Stochastic RSI showing momentum is favor of the bulls with no signs of slowing down. ...
ONT is gaining strength and a possible 5th Elliot wave in play! This is a chart on 1h time frame, so the stop loss and the reward it will be accordingly. Anyway, ONTBTC is on margin trading as well, so... if you want a bigger win u can use a 5x leverage, but it's up to you! Enjoy it and have a nice weekend!
Ontology; made the breakout and tested. There is a possibility Bat Pattern and CUP. The new Bullish trend seems to be starting.. Break a leg!
Technical analysis: . Ontology/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . Ontology/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...