ONT/BTC Buy : 1.85 - 1.9 Stoploss : 1.6 Sell : 50% - 100%
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ONT can go 2.8 again. But needs to stay above the upper line of the triangle. If ONT can bounce on the upper line then GO LONG for a good risk/reward ratio enter and close positions on the chart. See for yourself Please give it a like and commend. Thank you for stopping by Always do your own research. I'm not your financial advisor.
I will explain my analysis, first: the price is going down in a trading range (blue line) second, the market generally tries twice to create a trend, the number 1 is the buying force and the number 2 is the selling force, these forces give balance to the market, the number 0 represents a vacuum, the forces are zero in vacuum (pink lines ), we can also notice...
We'v reached entry since previous post. If the support holds, now is a good buy. Bitcoin isn't looking pretty so expecting one more shake out is not out of the question. The next shake out will also be a good buy. Bitcoin is in decision alley though so all trading should be taken with a huge grain of salt (not btc pair). The whole market has a correlation though...
ONT has had a strong 48(ish) hours! As we can see above, ONT flirted with the 38.2% level for a few days and getting shot down repeatedly until the Bears got tired and Bulls took charge. It was all Bulls from there, with two bull flags helping the price run up to the 50% Fib level!! ONT made it's first run around this time yesterday, and as we can see was...
Let ONT retest this channel it just entered. It has a daily consolidation tightening pattern and will coincide with the 50 and 618 fib retrace. It's in re-accumulation and will jump across the creek. This is usdt pair so its a leveraged bitcoin play. Let's trade some BTC through ONT for some USDT! Buy- around 1.776-1755 Stop - Definitely use! but with bitcoins...
ONT is currently fighting the 38.2% FIB level and it's looking like it's about to break! I really like the fact that the bulls have control of the moving averages as support, and the 12MA just crossed through the 26MA bullish. If we can get above this price level, the bulls will then fight again in a wide range zone between the 38.2% and 50%. Current resistance:...
Entry 1.658 Stoploss 1.586 (-4.34%) Target 2.150 (+29.67%) Risk Reward 6.83 Disclaimer, my post are my own ideas, not financial advice.
Brought profits on two trades, 2.5% and 2%, Each position was $2k. I bough Buy Zones 2 and 3. On buy zone 2, I sold when it hit Pink MA resistance on the 15Min candle. After the correction, I bought in on Zone 3 and sold at the temporary resistance line I drew. With these trades, I chose a Limite Sell target and submitted an order. I did not trail stop loss on...
SURPRISE!! Bears in full control. Took a lot of time today trying to find SOMETHING positive for ONT, but came up empty. RSI levels are VERY LOW... but RSI isn't the best indicator as of late. If you read my post earlier, we broke the 1.75-.176 support... and now going to test out 1.70. Let's hope the bears are tired and the bulls can come out swining...
Ontology, just as the rest of the market, has been flirting with some dangerous levels as of late! As I noted in previous posts, ONT has a wedge set up and was getting close to a break. UNFORTUNATELY we have seen a break bearish after testing and rejecting the top wedge line and we are not at some very dangerous levels. ONT is currently flirting with the...
No surprise here! Same thing we have been seeing over the last week or so! Bulls gain some momentum, break the 12MA and get SHUTDOWN when attempting the break the 26MA. Although the longer this goes on, the tighter the difference between the two will have to become and that's when we need the bulls to strike! Pay attention to these trend lines! The bears and...