I figured ONTBTC was exhausted after that last run. Boy, was I wrong. After reaching it's ATH, ONT is back at it attempting to break out yet again. I believe it's just the B wave of an ABC correction. Only Time will tell. TA is not a chart of certainty. Applying Andrew's Pitchfork here should help guide the price action up and watch for a downtrend. Happy trading!
Big question at the moment - Can it keep climbing? Not much history to rely on and the risk of a correction is present. However, with each day we obtain more information that could hint at what could come. I had been looking at shorter time intervals, but here looking at the 4H Interval and the RSI and MAC D appear to show a general trend up. The recent...
Better scaled chart on the day candles + close up of how i think Ont will move
ONT has come out of the gates running. Seems to be looking for its lane.
What a sweet run ONT had. There was also plenty of opportunity for more profits after it hit it's ATH. Look like a 5 wave impulse wave down has completed for Wave A of the ABC correction. Over the next few days, ONT should unveil wave B & C with support around 44500 SATS.
My previous post yesterday was related to the smaller ascending wedge pattern that had a break out down causing the recommended stop loss at 0.00042500 to trigger. Since then I have been out and watching the RSI, as I indicated in my comment to the last post. On the 30 minute chart, the 60 and 50 RSI levels have acted as strong support during the recent runs. Now...
ONT to the moon, if big daddy ( BINANCE:BTCUSDT ) permits! Entry — 36099 Target 1 — 46212 Target 2 — 65987 Target 3 — 85395 Target 4 — 97691 Indicators looking goods Upcoming events: 31/03/18 - Test net will be up by end of March, and main net to be in Q2. 14/04/18 - NEO Council will be holding the NEO.Amsterdam Summit at the DeLaMar Theater in collaboration...
Analisis corto de ont con soportes y resistencias
Too bad I didn't see the bigger picture... Thought first... what a boring coin.. First time I check this coin on Tradingview, and looks like a very clear 'cup and handle' in a 'cup and handle'... Hope it will reach the potential target.. Again.. I cannot believe I didn't see this coming.. in 10 days.. 4x !
Really, do a TA on this and no on can predict where the top is. All I know that it has to come crashing down some time soon. So set the stop-losses!
ONT broke out a few days ago from a triangle pattern. The red line sets forth the breakout target based on the maximum height of the triangle pattern. ONT has already passed the target. Third turn-away from the top of the new rising wedge pattern. Watch out for a breakout down and keep a tight stop-loss. Thinking 0.00042000 right below the triangle pattern...
Buy zone, stop loss and targets are sown. Time: 1-3 days Risk: 20%
Its hard to predict brand new coins so i'm just playing Ont one move at a time - resistance in red, support in blue
dont even look at this chart... its terrible... the 1d is almost to max so this would implicate this is a pure pump to offload bags... wait for a nice strong dip and scoop up what you can for the next rise... gl all
We have a Cup and Handle forming on ONT. Major resistance is .00035. Set your alerts and standby. If it breaks, it has a good chance of flying since it'll be a new ATH.
Newly launched on Binance, Ontology looks to have fulfilled it's first impulsive wave and could now be forming a bull pennant consolidation before breaking out for it's next wave (wave 3 of an elliot wave cycle). Look to buy on a breakout of the consolidation triangle. Target 1 would be a 1:1 measured move of the first wave at a price point of around...
Parabollic advance its broke and now testing trend line a resistance Take profit aroun 0,000229 stop loss 0,00036
The candle reached the level of 0.618 It is necessary to return healthy and now will return to her, God willing we wait