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Ontology

ONTOLOGY: MEMORANDUM SIGNED WITH NEO = 28.89% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018. Using this buy in point and selling at today's price, you would have expected to net 28.89% PROFIT!!! The increase in price may also be explained by positive developments including: April 24: Ontology is ready to release its new consensus algorithm VBFT after the release of its first batch of open-source projects on GitHub. VBFT algorithm combines Proof of Stake VRF and Byzantine Fault Tolerance . This allows consensus to be reached among nodes faster and more efficiently and is a substantial advancement among current consensus algorithms. April 25: Ontology ( ONT -0.94% ) releases their IDE -0.26% integrated development environment), Smartx. April 26: Release of a number of official Telegram groups including those in: English, Chinese, and Korean. Community run groups include those in: Spanish, Italian, Dutch, Vietnamese, Turkish, Japanese, Russian, and Cantonese. April 26: Release of Ontology v0.7 and Public TestNet (code named: Polaris 0.57% ). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs, smart contract pre-execute, interoperability across VMs, NeoVM v0.7 and Doc. Center. April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python. There are plans to add further programming languages in the near future. April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT -5.56% protocols. This protocol is expected to resolve all pproblems to do with scalability and large amounts of electricity. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future. May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust. May 2: Ontology is at the Smart Economy Expo at the European Parliament in Brussels. May 3: Upbit (Korean Exchange) lists Ontology. May 3: Korean Exchange Upbit notes that it will give 5% of $ONT holdings to customers who hold ONT -0.94% coins at the time of the snapshots. May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets. May 8: Ontology announces the Triones Membership System. This aims to support a combination of multiple blockchain networks based on support for a single blockchain network economic model. May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure. (NEW) May 14: The Ontology Foundation and the NEO Foundation signed a memorandum of understanding on May 14th, 2018, concerning strategy and technology integration. (NEW) May 14: Announcement that updates to Ontology C# SDK mean that ONT IDs can be created, funds can be transferred, claims can be registered and add public keys can be added to ONT ID. It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets. ***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
ONT is just finished the downtrend and is reversing the trend!!!Hello Lads and Ladies, Looking at ONT we just saw a breakout from the descending triangle. The pattern that ONT has is very clear - 3 increasing spikes followed by 3 decreasing spikes. A few moments ago the descending triangle was completed and directly followed by a short breakout. Now we are entering the trend reversal phase in a elliptical move upwards. The first target lies slightly above the last second decreasing spike - 0.0010500 sats. From there on the second target will be around 0.0015000 sats, followed by short break and then the third push which is historically almost 100% above the last third increasing spike. According to that this would be at 0.0024000 sats, anyhow I would take biggest chunk out at 0.0020000 sats. Cheers, Tomas
Long
by KongTrading
Ontology, ONTBTC - Impulse Wave 3 in The Making?This is a follow-up analysis of Ontology post I did recently with an Elliot Wave count for ONTBTC, which you can check out underneath this post with the link to it. After the latest sell-off of the market on Friday to Saturday, we now have a new situation, pattern and Elliot Wave count to consider. So let's take a closer look and analyze the chart again. Analyses - After some consolidation and recent sell-off, ONTBTC broke the upward trendline and has retraced back all the way to the .618 fib level around the 7500 sats. This is a key fib and support level which held almost perfectly. Now we have a new upward trendline. - After an ABC retracement, we can start a new impulse wave up and it looks like we are currently already starting with a wave 3. This might be a little premature cause wave 2 was quite shallow and short so for a confirmation of a wave 3, ONTBTC has to firmly and "easily" go past correctional wave B of the ABC which is around 10500 sats. Otherwise is a failed attempt which means we're not done with wave correctional wave 2 yet. - If we break above wave 1, we've also formed a Cup & Handle pattern which could be an early confirmation or sign of a continued upward movement and wave 3. Note that Ontology, ONTBTC like most (alt)coins is highly correlated with BTC and ETH so if they sell off then everything goes with it so to be on a safer side, it's better to wait for the market to settle down, a better/positive sentiment and have more confirmation of a breakout/wave 3 before entering a trade. You must some upside but your chances of success will (drasticly) increase as well! So with this and above analyses in mind, if you do want to swing trade ONTBTC then this is how you can trade it: Trade Instructions Buy Area 0.0009000 - 0.009500 Profit Target 1. 0.0010536 2. 0.0011472 3. 0.0012407 4. 0.0013740 Stop Loss 0.0008400 You can use larger stop or no stop at all if you believe in this coin for the mid-long term. But invest accordingly and use an amount you're willing or can afford to lose. Leave a comment if you have any questions or concerns. Like the post, if you liked it and share it if you loved it. This is for good karma. And until next time, good luck with your trading! Disclaimer This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Long
by Trade_Masters
3
Ontology, ONT/BTC - The Start of Another Impulse Wave?Ontology, ONT/BTC has been an absolute beast since it was launched on the exchanges, especially since it got on Binance. Easily one of the best performing coins of the last weeks/months and little to no signs of stopping yet. If you took the trade we've previously covered on Ontology about 2 weeks ago, you could have made almost 2x in less than 2 weeks! So let's take another look at this interesting and very profitable coin shall we, but now from a more Elliot Wave theory perspective. Analyses - After the ATH, ONT/BTC retraced quite a bit, almost at the .5 fib retracement level around 8500 sats. This retracement looks to have finished the corrective wave pattern A-C. - From there it managed to bounce back which will likely be the start of another impulse wave 1 - 5. And as I pointed out, it looks like we already have the 1 and 2 wave set, and are at the beginning of a wave 3. - Not only that but Ontology, ONT/BTC is also trying to break out of a (big) bull flag pattern, indicated with the purple (trend)lines. So with this in mind, if you look to swing trade Ontology, ONT/BTC then this is how you can do it: Trade Instructions Buy Area 0.0009500 - 0.0010500 Profit Target 1. 0.0011697 2. 0.0012647 3. 0.0013598 4. 0.0014952 Note: Don't forget to take some profits along the way. This will give you peace of mind and patient so you can ride it out longer and also reinvest/trade your profits quicker and make even more. Stop Loss 0.0008990 Remember, you can use larger stop or no stop at all if you believe in this coin for the mid-long term. But invest accordingly and use an amount you're willing or can afford to lose. Leave a comment if you have any questions or concerns. Like the post, if you liked it and share it if you loved it. This is for good karma. And until next time, good luck with your trading!
Long
by Trade_Masters
4
Ontology on correction?Ontology is one of the many projects I'm looking for. After the launch price steadily rised for more than a month and now there is a possible correction going on In that case is interesting notice how elliott waves and subpatterns fit into the chart; after a 5 impulsive waves went overbought and the retracement started Now, ONT have a really bullish trend and already touched the 50SMA and the support trendiline during the BTC dip so I see a two scenarios: from here I could continue it's rally with another impulsive waves or could form a complete corrective ABC pattern. In the latter case I'm looking for an entry point around 6100 and 5400sat, this is the 0.618 fib retracement and also the zone of a first h4 support and a stronger weekly one
by Horrorcoder
4
ONTOLOGY: LISTING ON UPBIT = 26.57% PROFIT!!! IN 24 HOURS!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018. Using this buy in point and selling at today's price, you would have expected to net 26.57% PROFIT!!! IN 24 HOURS!!! The increase in price may also be explained by positive developments i including: April 24: Ontology is ready to release its new consensus algorithm VBFT after the release of its first batch of open-source projects on GitHub. VBFT algorithm combines Proof of Stake VRF and Byzantine Fault Tolerance . This allows consensus to be reached among nodes faster and more efficiently and is a substantial advancement among current consensus algorithms. April 25: Ontology (ONT) releases their IDE integrated development environment), Smartx. April 26: Release of a number of official Telegram groups including those in: English, Chinese, and Korean. Community run groups include those in: Spanish, Italian, Dutch, Vietnamese, Turkish, Japanese, Russian, and Cantonese. April 26: Release of Ontology v0.7 and Public TestNet (code named: Polaris). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs, smart contract pre-execute, interoperability across VMs, NeoVM v0.7 and Doc. Center. April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python. There are plans to add further programming languages in the near future. April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols. This protocol is expected to resolve all pproblems to do with scalability and large amounts of electricity. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future. May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust. May 2: Ontology is at the Smart Economy Expo at the European Parliament in Brussels. May 3: Upbit (Korean Exchange) lists Ontology. May 3: Korean Exchange Upbit notes that it will give 5% of $ONT holdings to customers who hold ONT coins at the time of the snapshots. (NEW) May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets. (NEW) May 8: Ontology announces the Triones Membership System. This aims to support a combination of multiple blockchain networks based on support for a single blockchain network economic model. (NEW) May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure. It has been noted that almost all of trading volume (100%) for today is coming from overseas exchanges (mainly consisting of Chinese and Korean exchanges). It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.
by CryptoTradeSignals
Ontology in an Ascending Triangle Bullish Pattern.Hey, I am back with another Technical Analysis, this time looking at Ontology, which is acting the whole time on market really strong, huge runups quick consolidations. Last time I posted Ontology in Falling wedge , it had breakout only about 15% in the reason of bitcoin fall due to fact that Bitcoin wasnt able break 10k at first try . There were more times that I have posted some price action on Ontology that is about to do, and they all went perfect, I ve even posted a free signal buy opportunity at 4,700 :). Moving on. Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. That was in short about Ontology, lets take a look at the chart. Lots of pattern can be seen, Penant, Falling Wedge and currently an Ascending Triangle. The Previous two has led to breakout so it could third time as well.. what else to say.. Yes there is strong support zone at 9,000 - 8700. I see ONT falling to these zone only if Bitcoin will see major selloff otherwise is not likely. Last thing for me is to look at the Indicators and what have they said to me? MACD - Was expecting sellers to come but havent arrived and currently it looks like they are dissapearing again and buyers are incoming.. about to gave buy signal if the trend line will be follown. RSI - Bounced off its support level, heading to break the bullish level. So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel! Hope I made your view on whats going on with Ontology somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
by TiborVrbovsky
6
Ontology Ready for Another Breakout from a Descending Wedge.Hey, I am back with another Technical Analysis, this taking lookg again at ONT a s its acting really strong ! Last time I ve posted Ontology in a Pennant Breakout Pattern, which broke right after publishing, link down below in Related Ideas. Moving on. Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. That was in short about Ontology. Taking look at the chart. There is a descending Wedge bullish pattern that has been drawn. Seems like its croosing downtrend line and about to break, good volume, but still can be denied. Taking look at Indicators. MACD gives buy signal with strong buy volume for that short period. RS I is at the bullish levels, bounce from 55 would be Ideal. Good buying Volume. think thats about it. Hope I made your view on whats going on with Ontology somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
by TiborVrbovsky
9