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XABCD pattern on ONTETH?Hi guys, this is my first published idea, so please be nice :) I think there is a nice XABCD pattern on the ONTETH chart, I am following it for 1 - 2 days and it seems to go right and I wanted to share it with you. I don't know myself very good with writing chart on Trading View, so I hope I've made a good draw and you can see it too. This could be a nice reversal sign of the current bearish trend of Ontology. Of course, I don't know if this will really happen and this is NOT a trading advice!
OLong
by fortitude23
1
Ontology (ONTBTC) Is Getting Ready To Move (25%+ PP)Ontology is getting ready to make a move after very strong bear action. Right now we can see: Huge increase in volume. MACD bullish crossover. Bullish RSI. Strong breakout above EMA10. Bullish candlesticks. Ontology Trade by Alan Masters BUY: Up to 0.000148 TARGET: (1) 0.000161 (2) 0.000181 (3) 0.000211 (4) 0.000241 STOP: Close daily candle below 0.000134. I AM/CAN BE HAPPY Be happy, stay happy, remain calm... You have the ability to become a successful trader and much, much, more. You have the ability to accomplish everything that you have ever dreamed of. Another opportunity awaits... another one has come. Everything you need is within yourself. Everything that you can imagine, it is so. So imagine yourself being that which you want to be, and sooner rather than later, that is which you will become. Namaste.
Long
by AlanSantana
20
There is a possibility for the beginning of an uptrend in ONTETHTechnical 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 possibility of temporary retracement to suggested support zone (0.006900 to 0.006300). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.006900) Ending of entry zone (0.006300) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.007590 TP2= @ 0.008140 TP3= @ 0.008720 TP4= @ 0.009380 TP5= @ 0.010620 TP6= @ 0.012380 TP7= @ 0.014620 TP8= Free
OLong
by ForecastCity
There is a possibility for the beginning of an uptrend in ONTETHTechnical 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 possibility of temporary retracement to suggested support zone (0.006900 to 0.006300). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.006900) Ending of entry zone (0.006300) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.007590 TP2= @ 0.008140 TP3= @ 0.008720 TP4= @ 0.009380 TP5= @ 0.010620 TP6= @ 0.012380 TP7= @ 0.014620 TP8= Free
OLong
by ForecastCity
1