Ont/usdt pair now close to key and strongest support it has around 0.5$ -0.51$
It tested it 5 times before and go up 50-100+%
I believe this support is very hard to broken also this area is 0.618 according to Fibo
Also you can see falling wedge which is also bullish pattern
So lets talk about buy area
Follow the enteries to decrease the risk as possible...
Hey! Price of ONT now moving inside wendge pattern and look like this:
On chart I find 2 spots for buying inside wedge. I marked them with blue rectangles.
Targets can be found near 0.6 and 0.7 zones, but just in case we can fix partially on levels below.
Keep up good trades, and never give up on risk.
TA: we just touch fib 0.786 @ 0.62 and we stay on support now
FA: Check this tweet: twitter.com
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This looks like a pretty good area for a long. It has room to run within the descending wedge and historically this support has been pretty solid. Think we will see something like this over the next couple days/weeks... Good luck!
473 sat is all of time low support for ont
It can be the potential bottom before next move
Also with tether pair ont very close to very strong key support around 0.5$-0.51$
You can see here my analysis against usdt :
I expect move from this area but if you...
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I think we are facing a new opportunity as we have risen above 0.8374 points.
You need to make sure you can get support at 0.8559.
Ontology is in a bull flag, which is Bullish pattern, I expect the breakout at least to $0.8765, which is only 3% from current price, but this is only a 15min chart, but this flag can easily reach even $0.9190 if Bitcoin breaks $10.600.
RSI is strongly bullish, over 60 and found support at 60.
MACD can give a strong buy signal.
Good luck with this trade!
-Ontology bounce strong and confirmed the upward trendline support
-It is now retesting the flat area of resistance around 800 sat range
-If we can see a resistance breakout and a good retest to become new support
-It is a signal of a strong trend reversal in the midterm
-The upside potential target is up to 1500 sat (previously strong...
Sell on 1 hour chart
Buy on 7h chart
Sell on 2 day chart
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