ONTUSDT buy opportunity? 👀Hello Traders, Hope everything is going well .
Today I want to share my thoughts on ONT. About 50 days ago, ONT broke out of the descending line ( yellow line ) and made a pullback to it and that was
a perfect buy opportunity ( 121% growth ). What now?
As you can see, ONT was moving in a triangle and has managed to break out of it so by the rules of triangles, the first target is around 2.22$ and 2nd is 2.88$.
But there is a static resistance in the way of ONT ( purple range ).
So in my opinion, if you are a risky person, you can buy it here with a stop loss of 1.4$ but if you want to buy it safe, then you can buy it when
it breaks the resistance and consolidates above the purple range or in the pullbacks to the purple range.
Long term target could be the ATH 8.5$? 👀
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on ONT. ✌
Ontology
ONT/USD looks readyONT looks like it finally wants to break that large resistance zone dating back from the last bull run. If there was a time for it to start its parabolic rise, it would be soon. Worth keeping an eye on this weekly candle close. Above 1.54 = time to hold.
This is not financial advice and do your own research :)
Good luck yall!
Ontology (ONT) - March 30Hello?
Dear traders, nice to meet you.
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We have to see if we can get support at 1.6243572 and climb above 1.7890921.
If it falls, you need to make sure you get support in the 1.5419897-1.6243572 range.
If you go down at 1.2948873, you need a short stop loss.
It remains to be seen if it can break above the critical section 2.0842558-2.7154886.
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(ONTBTC 1D chart)
It appears to have turned to an uptrend as it rises by breaking above the M-Signal line on the 1W chart.
It remains to be seen if it can rise to the 314 Satoshi-371 Satoshi section to continue this upward trend.
If it falls, we need to make sure we get support at the 239 Satoshi spot.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
ONTUSDT (4h chart)ONTUSDT (4H CHART) Technical Analysis Update
ONT/USDT currently trading at $1.55
Buy-level: $1.55 - $1.60
Stop loss: Below $1.39
Target 1: $1.80
Target 2: $2.00
Target 3: $2.25
Target 4: $2.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ONT/USDT Update: Targetting >1300%. So far >300%.We are currently at 300% from our entry point and are looking for a final target of 1300%.
ONT gained some serious momentum.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONT / BTC Main trend. Potential trend reversal areaIt should be noted that a similar formation formed locally both on the TRX and similarly under the downtrend line, slowly but surely moving towards it. Such formations often form before trend reversals, usually before an “explosive” rise in price.
Zoomed in on the future potential reversal zone
ONT/BTC now 30% up from our entry. congrats guys and what next.?#ONT/BTC Profit Update:-
#ONT currently trading at 282 Satoshi and Went upto to 290 Satoshi
And our entry was around 230 Satoshi .
We bought before break out. 🤣
Now breakout confirmed and looking super bullish.
30% profit within 2 days.
Congrats guys.
Still Targets are same.
Resistance:- 373/539/643/833 Satoshi
Support:- 250 Satoshi
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Possiblity for Ontology to break outOntology has been long under the radar, and only had a 3x gains from the bottom..
There's still plenty of room to grow.
I don't know how they got the gas fees solved, but I think the high gas fees were the major problem..
If anyone has more info.. enlighten me.
I got into the hype in 2018, since then it was a no go.
SIGNAL ONT Possible increase trend Day-tradeHello friends,
And we are again back! and this time with Ontology
Signals shows possible increase time / this can be a day trade increase.
# know that when btc markets breakdown, we should have always good stoplimit
Take your nice trades with good riskmanagement. See you!
Like and follow my channel for more nice free signals! Thank you..
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
ONT/BTC 250% potential from here so what we do..?#ONT/BTC TA Update:-
#ONT currently trading at 236 Satoshi.
As per TA looking good and Triangle pattern is showing.
So This is good time to buy.
Entry:- 190-237 Satoshi
Targets:- 373/539/643/833 Satoshi
Stop Loss:- 175 Satoshi
I am buying some at this level.
If breakout upward 250 Satoshi then My eye on Targets.
If some corrections then 180-190 Satoshi is good Re entry zone.
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ONTUSDT - After a false breakdown, there is no rollback.
If, after a false breakdown of the level, the price does not roll back and goes into the range, this is a signal of a struggle between buyers and sellers. The side that created the trend and keeps it at the level wins the fight.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
So close to launchAfter reaching the marked zone. ONTUSDT will have one last retracement to test its support zone for the final one.
After that, It will start a rally to the ascending channel's top.
If you want to trade like a pro, split your money and buy less than 50% of it right now and wait to decrease your avg when the price reaches the bottom.
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