ONT/BTC - updated chartIf this fib line does not hold I would expect further downside, doesn't look great for ONT here.
Blue triangle indicates the current range.
This is a log chart.
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ONT
IS THIS A REAL BAT ON ONT LET US SEEWe think that ONT Finished to form bat pattern and we will start to go up targets you will find on chart
STOP LOSS close daily candle under Buy area
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Ontology Runs with BullsONT scenario if BTC doesn't dump like a truck (which may happen).
If the Bitcoin does go down there will be very few if any alts that don't go falling along with the ship. But if btc can even just stay afloat for a while then there is certainly some room for alts to run. (...on water? I mixed my analogies...)
So anyway I'm keeping an eyehole peeled at a key couple of levels for ONT here.
Remember.
The market is gonna do what the market is gonna do so keep an open mind.
Erase your bias with your ego.
Open your being up to the vibrations of your own existence.
#climbatree #nailacliche
Keep on keeping on, or don't, you know it's like really your own choice,
Satori Peyote
ONT - Orderly Pullback -Trend Continuation Play ONT is one of my favorite cryptos to trade. It has a great mix of range, volatility, liquidity.
This coin has been on a tear. Played this on the 1.00 break a couple weeks ago. After this run to 1.60 we have a nice orderly pullback on this.
Rules of Pullback Trading:
Orderly Pullback. NO crash candles
Volume lower on the pullback then the prior push higher.
Multiple levels of convergence/support to hold up a play
Confirmation Candle.
WE are starting to see a few of these here. We have some price support developing all long with moving average pullbacks. If we get a confirmation candle around this zone Ill be looking to take a swing in this.
ONTBTC - Good buy opportunityHere's a sweet Symmetrical Triangle , waves indicated by arrow and Target given by T1 and T2. Mostly chances are with upside breakout...
Blue range determines the Final target. Currently, the market is testing a golden ratio of 0.32.
If pattern breaks then it may probably come to our support range(Purple box)...
Trade with stop-loss
NEO - Dying Out...Or The Most Obvious Trade Of The Century?NEO has been consolidating for quite a while in what is starting to look like a big ascending triangle. The resistance almost looks artificial to me at this point. How many times can we get rejected from EXACTLY 2400? We have nearly 10 touches on that resistance, and one major attempt to break through, which got sold on heavy volume. On the surface, that doesn't look good for NEO. If we break the ascending support, we have pretty major support in the 2150 area, and then 1950 below that.
A bit risky to go in now (I've been in since 2030 - a while ago), but a lot of people probably have stop buys above the 2400 area. Whales took advantage of this by heavily selling the rally that took us almost up to 2600. If we make another break above 2400, I think we would likely break out once and for all. I then see NEO targeting levels it hasn't seen for a very long time. Perhaps due to the Ontology (ONT) run, NEO will start to get noticed again. Maybe some people will take their ONT profits and put them into NEO. Additionally, I'd like to point out the increase in GAS price. I just posted a chart on NEOGAS earlier today. This could indicate that demand for the network is increasing. The rise in VTHO price is actually what allowed me to predict the recent VET run as well (linked at bottom). A lot of people are skeptical though, since it's so far down from its ATH of $194 (!!!) and it hasn't shown quite as much strength as other coins.
I'll admit, NEO hasn't risen as much as I'd hoped or expected, but it could just be building pressure. I guess we'll see. I did manage to call the ONT run well in advance. You can see the link to that analysis below (study of accumulation). This doesn't mean I'll be right about NEO. Perhaps people really don't have much confidence in the project as they used to. An increase in price would likely change that though.
The overall volume on NEO looks healthy. It's declined a bit, now that we're nearing the end of the triangle. Obviously, if Bitcoin decides to test some lower levels, NEO may break down the uptrend, so caution is needed.
BUY:
Clear break of 2400
POTENTIAL SELL TARGETS:
3000-3100
4600-4700
SHORT: Clear break of uptrend...although stop hunts are frequent these days.
This is not financial advice. This is just a potential setup I'm seeing, since it's almost too obvious where the resistance is. It couldn't be THIS easy...right?
****This is for educational and speculative purposes only.
-Victor Cobra
$ONT Potential ascending triangle as continuation of the trend..$ONT Potential ascending triangle as continuation of the trend..
UCTS buy on the 1D (66% up since our first tweet)
EMA200 acting as resistance w multiple tests
Volume decreasing,testing trendline is key for deciding
RSI bearish div...
Wait for the chart to unveil itself!
#ONT
ONT/BTC compounding my long position- I was already in a long for ONT which i called on the cryptology discord: discord.gg .
- I still think we have more upside in ONT and i will be looking to add on above that 1h breaker which would give me a nice 4r trade.
If target gets hit this would mean a 12% increase of my trading account as i risked 2% on the first entry and i am looking to add 1% risk on my second compunding entry.