Yes we're still in the downtrend, but comparing the past days with late april, I'm putting my positions back in again (got them off in Tether the last weeks). What we see:
Almost similar daily candle behavior
Divergence (not always valid, so be carefull with it)
Clear bottom hit at around 5800
Target can be set to retesting the downtrend line. Stop loss @ ...
Target can be set to 8800. Watch out from that level what is going to happen:
Scenario 1 = Breaking red resistance downtrend = uptrend
Scenario 2 = Bouncing from red resistance downtrend = consolidation
Well, everything is now heading towards the buy zone, but 0x showed some clear trends already. I think it will stay in the cloud a bit and hopefully bounces between 0.0010 and 0.0011.
Wait for some clear reversal patterns here, but keeping a close eye on this one
It went right through the uptrend line and found support at around $8000. Now we can see a clear bullish divergence on the 4h chart.
If this is the start of the second wave, bigger money can flow in and we can have a great summer.
So I bought in again at the outbreak after the first touch of the buy zone. Now I'm still hanging in and wait for it to go out.
This is a great (re)buy zone for Ontology. I'm not expecting the same growth as the last big wave, but there is a third wave coming up.
P.S. Sorry for all the chart overlays, does not look clean, but I ...
Hi all 32 followers (it's something). I'm looking at the NEO/USDT 4h chart and the resemblance of the previous bull run is quite similar of the current trend.
Fractals, RSI, MACD looks similar and also volume spikes look quite the same.
I will keep an eye on the 50 EMA. If it's crossing we could short this thing and buy back at a cheaper position.
Risky yes, i ...
A great coin, great team, working project and bullish again after taking a big ass beating.
I'm holding, but considering adding to my positions if it breaks the 0.00155 resistance. Target can be set to 0.00200.
WOW! what a bullrun this past week. As expected the breakout. Fibbo's are telling us that 0.001 should be top of the second wave that we have just witnessed.
If so, we can see a retracement back between 7000 & 7800 satoshi, but i'm still quite uncertain if this is a top.
Keep a close eye on this one!
Two weeks now since bears have taken over. We see the price drop neatly follow the uptrend line (darkgreen) and the resistance line (black). RSI confirms that we can see a small retracement, but it will have to cross the big restistance and uptrend line to break the bearish trend.
Hope for new ATH this summer :)
Ontology has bounced quite nicely on the first support at -23.6% retracement. Although this level is quite low for an actual retracement, the bollinger bands are showing us less volatility and maybe a prep up for another big wave. Compare it to the bands before the second wave (number 2).
Targets can be set to 7000 satoshi. GL!
Yes we are still going sideways although we went up from 45$ to 70$ in just 10 days.
I think we will see a short correction soon as RSI is giving is lower lows on the 4h chart.
I'm optimistic on the long-term, but waiting to add more positions of NEO and other coins when the correction comes in.
Would May be the month to see growth?