ONT/BTC ONT broken key support at 680 sats level and made a new lower low, with this, the market structure is now broken and it will take a lot of action before a new setup is potentially feasible. But based on the trend-line of support I made, the area between 600-500 sats levels has the probability to become new accumulation zone for ONT future growth.
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.
1) It looks like ONT is holding support very well and a possible new trend line (Bottom yellow line) is forming off of this dip. ------ If stop losses are set around .65 (7%) the possible gains are up to around $1 (40%ish) which I would suggest of course to take gains on the way up. I like to take gains around whole numbers because its easier to remember the...
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...
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...
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
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. ...
Hi everyone, I think ONT is moving towards 0.6 again)) Funny
Monthly Starting with our higher timeframe we see ONT has been following our downtrend since being introduced into the crypto space. Our naked chart shows the last time we were at this price we bounced from $0.55 up to $2.00, will we be seeing the same movie? ONT looks like it found support once again at this level, still the beginning of the month however we...
Entry : 0.0000721 - 0.0000689 - 0.0000637 Target 1 : 0.0000803 Target 2 : 0.0000883 Target 3 : 0.0001011 Target 4 : 0.0001189 Target 5 : 0.0001386 Stop loss : 0.0000604 Risk/Reward : 10%/113% Do not hurry to buy, the price may go down to good places Please share your opinion in the comments box and do not forget to press the like button
The Risk to Reward ratio at this price is insane
ONT/BTC ONT broke the previous swing low at 801 sats, The bears took control of this market condition. We could expect a down-side further to 732 - 700 sats area. Once it hits the RSI oversold level, a potential reaction relief rally to the upside is expected.