JoeyRocket

Bullish Divergence on (ONT) Ontology

Long
BINANCE:ONTBTC   Ontology / Bitcoin
Could be nothing, could be something, either way its probably a good time to start setting some alerts for Dash.

We have some class A bullish divergence on the RSI & Macd . Also volume is in the same area it was before the last pop up of around 100%
This is no guarantee we are going top the moon but definitely noteworthy
bullish divergence -
- "Class A bullish divergences occur when prices reach a new low but an oscillator reaches a higher bottom than it reached during its previous decline. Class A bullish divergences are often the best signals of an impending sharp rally".

Fundamentals seem strong.
I hold no position in ONT -0.65% but may take advantage of their next big run when it comes.
ONT -0.65% is ranked 28

Price has been as high as 0.00115634 satsoshis and $8.87
Possible bottom 0.0001783
I will start to get more excited when the 50-100-200 day moving averages get under the price on the daily.

Great luck and please like the post if you found this insightful! Please share ideas if you see holes in my TA, it will help me and the people reading this. Thanks!
I'm no pro and I will make mistakes so its always great to get 2nd and 3rd opinions after mine.
Joey Rocket

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