ONT/BTC
-a bullish breakout of the trendline resistance
-currently, the price is on a daily pullback
-we have strong support at 560-530
-it is a good potential buyback zone
-for safer trading setup, buy the break of 640
-the upside target is up to 830-906s
-stoploss is determined once we have an entry
Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006510 to 0.005730). if so, traders can set orders based on...
Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006510 to 0.005730). if so, traders can set orders based on...
Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. ONT/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. ONT/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary...
