ONT lost the higher low on the 1HR overnight, so we are zoomed out to the 4HR. The bulls have a lot of room here to be able to set a higher low (>1.779), and it looks like we should set it here.
If the higher low is set, the bulls will look to break to a higher higher (>2.16) before setting another higher low and then another higher high to regain bull...
ONT just lost broke the higher low on the 15 minute which caused a lower high to be set. Hit the reset button for the bulls! Looking for a higher high, higher low, higher high, higher low on the 1HR again!
Interesting set up on the 4HR currently! Inside bar, 1.977 to break bullish, 1.908 to break bearish! Set up looks like it would favor a bullish break, but...
ONT BREAKING THE 26MA ON THE 1HR! WATCH CLOSELY TO WATCH IT PLAY OUT!
Need a higher higher (>1.99) and then a higher lower (>1.906) to gain bull momentum! Then we will focus and watch for a tighening equilbrium pattern to form and watch for the same thing to happen (higher higher, higher low, higher high, higher low) on the 4HR timeframe!
J-DOT-CRYTO
Call it...
ONT bulls come out swinging today and we are zoomed out to the 1HR! As you can see, they are currently holding the 12 Moving Average as support and trying to break the 26 Moving Average before a run at the 100MA!
MACD is bullish and separating shaping into a quite bullish set up!
We have have a higher low formed, and the bulls will now look to break to a high...
ONT broke through the 12MA when it broke bullish on the 15 minute chart! As you can see above, it is current trying to regain the 26MA as support! I would love to see it smash through it here, but I would anticipate a failed attempt and healthy retrace.
If we retrace, the bulls will fight to keep the 12MA as support regroup and try again!
2.00 will be a big...
ONT zone got VERY tight overnight allowing us to zoom all the way into the 15 min chart to follow. As you can see it became tighter and tighter until it came time to test the 12MA and 26MA.
Previous attempts have broke bullish on this time frame, but the bears finally tired out and the bulls take over the 15 minute time frame. Breaking the the 12MA and the 26MA...
As we have seen as of late, the ONT bulls have been holding the 100MA as major support on the 4HR chart.
Once the uptrend line from the bull wedge broke, so did each of the MA's as support on ALL time frames. And the bears are dancing.
I don't think the bulls are done yet, this is just a price correction and what goes up must come down. Healthy consolidation,...
ONT continued to post lower lows throughout the day. Current showing a price of 1.975, and looking to set a new lower low.
Will continue to watch on the short term time frames to see if we can break to a higher high, higher low, higher high, and higher low before we zoom out to the 1HR.
Just when Twitter was covered in #AltSZN tweets, Bitcoin throws a dagger...
Ontology (ONT) can be traded on Binance and it is one of the highest volume tokens on that exchange. Recently, Ontology had a very strong breakout and has been consolidating nicely.
A bullish pattern has formed on the charts and I believe a break up can happen soon.
Charts, signals & indicators
- You can see the bullish pattern in purple. This is either...
#ONT (ONT/BTC)
Buy : 3400-3500
Flash Sell : 3550-3600-3650-3700-3750
Short Sell : 3800-3900-4000-4100-4200
Stop : 3050
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If we're to backtest TrendMaster.
Since we're still in a bearish market sentiment (price under Kumo), we'll take a Conservative stop approach (will trail to the next candle's open upon confirmation).
1-On the eve of the Ontology MainNet launch event in Tokyo on August 25th, Ontology will be hosting a closed event in which 50+ corporates in Japan will gather to learn about how Ontology’s public chain infrastructure can help their respective industries.
2- Socrates Q3 2018 Due by September 30, 2018
3- i love Ontology :)
![ONTBTC: [ONTBTC] Ontology Back In Business [240% PP]](https://s3.tradingview.com/z/zGzetLif_mid.png "[ONTBTC] Ontology Back In Business [240% PP]")
