ONT
$ONT, Waiting…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bears. Temporary support found at 2500, will watch smaller timeframe for entry. Last time we were at this price we were in the middle of our bull run.
Daily
Shifting over to our pattern timeframe we see price forming a descending wedge pattern from August 15th to today. Expecting a continuation towards the downside with the following breakout. A daily close above 2700 activates our trade towards the upside, otherwise expecting a drop towards 2000.
ONTBTC ONT ONTOLOGY FALLING WEDGE PATTERN WITH BULLISH RSIDONT FORGET TO LIKE & SHARE THIS ANALYSIS
EXCHANGE: BINANCE
CHART DURATION: 4HR/1D
CURRENT PRICE: 2490
ENTRY PRICE : 2400-2500
TARGETS : 2750-2950-3200
STOP LOSS :2280
TECHNICAL ANALYSIS MAIN SUPPORT 2513
1. RSI 35
2. MFI 38
3. MACD OVERSOLD
4. STOCH GOOD
5. CYCLIC INDICATOR - GREEN STARTED IN 4H
6. TD SEQUENTIAL ABOUT TO COMPLETE CURRENTLY AT 7, 2 TO GO
7. EXPECTING PIVOT RESERVAL POINT TOO
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News
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Take part in the @OntologyNetwork Airdrop and Trading Contest on Liquid, with up to $340,000 ONT to be given away.
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Introduces Punica Suite — Ontology’s dApp Development Framework.
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RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
ONT cycle wave countI'm mainly doing this so I can assume a wave count in the usdt pairing chart. (There's not a lot of price data to go by so I'm analyzing the btc pair.) Usdt pair reeks of accumulation so lets see how this goes.
stop loss just in case bitcoin blows this chart up
ont wyckoff accumulation pic in comments
My thorough analysis of ONT (Ontology) - Levels to watchLately with the market still in the accumulation phase I've been employing a general strategy which is best explained within the chart itself. I'm extremely bullish on ONT long-term, though I suspect and kinda hope that it will come down at least close to the area I labelled as "optimal accumulation zone" before making it's way up to the cloned fib retracement. Just areas to watch as a guide for anyone to help decide whether to be bullish or bearish at any point.
ONT-USDT
1D Chart:
- still in flag formation (correction after last rise in late August)
- support level around 1.665 USDT zone
- low volume (today : 3.53mil / 24h)
Trading strategy:
1. buy when price will break the triangle formation
2. if the price breaks down the triangle, watch for buy around -100% retracement
Price range 1.286 - 1.106, which is a good zone to buy (max. retracement in 14 Aug)
Bullish Divergence on (ONT) Ontology Could be nothing, could be something, either way its probably a good time to start setting some alerts for Dash.
We have some class A bullish divergence on the RSI & Macd . Also volume is in the same area it was before the last pop up of around 100%
This is no guarantee we are going top the moon but definitely noteworthy
bullish divergence -
- "Class A bullish divergences occur when prices reach a new low but an oscillator reaches a higher bottom than it reached during its previous decline. Class A bullish divergences are often the best signals of an impending sharp rally".
Fundamentals seem strong.
I hold no position in ONT -0.65% but may take advantage of their next big run when it comes.
ONT -0.65% is ranked 28
Price has been as high as 0.00115634 satsoshis and $8.87
Possible bottom 0.0001783
I will start to get more excited when the 50-100-200 day moving averages get under the price on the daily.
Great luck and please like the post if you found this insightful! Please share ideas if you see holes in my TA, it will help me and the people reading this. Thanks!
I'm no pro and I will make mistakes so its always great to get 2nd and 3rd opinions after mine.
Joey Rocket
ONT (just like NEO) a really good buy.Greediness!
Both NEO/ONT on the same scale. Guess it's cause of the production of GAS/ONG by holding.
Both have returned to the mean.
Regardless,
very similar story to NEO. Seems to have been very manipulated and brought down to accumulate further.
Ichimoku cloud is very thin on the daily, and the appearence of the 200EMA makes me think perhaps we can break the cloud rally towards the 200EMA, get rejected, test previous support and rally on.
All the tale signs of a good healthy bull run.
TD sequential exhausted, RSI's bottomed out, especially on the weekly (perhaps wait for a slightly lower entry in the green box).
But overall, an insanely profitable buy.
Good luck.
ONTUSD (analyzed with Richimoku & Kumo Waves)Richimoku & Kumo Waves on Ontology / ONT
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ONT- ONTOLOGY – Profit on the horizonHi Guys!
As early hours on Monday were rather mundane just now we can see some positive influx on the market.
BTC has gone up over 2% which made other cryptos go north.
One of them is ONT.
If you want to know more about the project please look at our previous analysis down below.
Here are technical analysis details:
• Profit/loss ratio at 560% - we can lose 1650 st to all-time low but we can gain 9200 st which makes such ratio as given above
• We managed to defend support line which came into effect on Sept 12th – good
• We have to resistance lines to broken – one already was broken at 0.0003102. Next line to broke is at 0.0003308
• MACD – bull’s cross present
• Weis Waves – significant green bars and no red ones which means no supply and growing demand
• Chaikin Money Flow – Positive trend of the pressure on the price which was strengthened recently – look at the angles marked on the chart. We also crossed zero level which is a bullish sign.
So Traders. We hope demand on this coin will last for a while. If so we can earn a decent amount of $$$. Technically it looks very very good.
Are you in? Do you have any additional info regarding this coin?
If so please do share it with us!
Thanks for being here!
LOVE YOU ALL!
HUGS!
WBM Team