Good news is we made old resistance as support so far. Descending triangle is a bearish pattern normaly but let's see how this is playing out!
As the chart says. ONT is close to finished its accumulation, suss the chart. Full send it. This thing has been flopping around for so long near the bottom and has been doing so for literally 2 and a bit years. We going to full send it. HODL. Ride the Mark up
Ontology will rise more! Given that the price of bitcoin is likely to increase Altcoins will grow too! My prediction is that we would get back to the resistance level and go up from there. If for any reason the price could not complete its break from the channel, we will enter into a sales position with it until the middle of the channel. It is unlikely that the...
ONTOLOGY ONT Possible targets for 2021 According to the head and shoulders pattern in 2 different modes, there is a strong resistance in the range of 0.9 to 1.1, which in case of breaking this resistance, the targets are: target1: 3.7 $ target2: 6.4 $ target3: 19.5 $ target4: 34.5 $ stop loss: under 0.45 $
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There is a fixation above the trend line, the target on the chart
ONT heading for resistance around MA200 on 1D after brief consolidation and established new bottom. Upper trendline forms first major resistance between 0.60-0.64 that coincides with major previous POC in that range. An immediate breakout above those levels will likely send the crypto to $1 mark. This trade is a long from $0.5 to $0.6
Moving up again. Fibgoals, as usual, in green. There are three of them. Invalidation in red, and you can just see that I confirmed impulse (blue dashed line). Not financial advice. I don't know too much about ONT academically, other than I will make a lot of money off the moves on this one. Cheers!
ont looks bullish. looking at the breakout of the upper border of the triangle
This looks like a pretty good area for a long. It has room to run within the descending wedge and historically this support has been pretty solid. Think we will see something like this over the next couple days/weeks... Good luck!
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