ONTUSDT trade ideas
ONT/USDT Consolidation between support and resistanceONT dropped hard during this market dump and we see a consolidation between the 0.9$ and 1.3$ range.
This could narrow down until July before it finally breaks out.
We expect the breakout to occur upwards.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONT Symmetrical Triangle (Bullish or Bearish)BINANCE:ONTUSDT
Very basic analysis of ONT/USDT on the daily chart.
Looks to have formed what looks like a symmetrical triangle, ready for a decision to be made quite soon!
ONT vs USDTONT in 2 scenarios, please wait for one of the specified lines to cross or specify a loss limit in your trade
If you make a profit, support me
USDT/TRC20
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ONTUSDTHello to you all. Mars Signals team wishes you high profits at all times.
If we get out of the triangle and stabilize, we can enter the trade for the above goals. And in case of breaking the line from the bottom, we have specified the support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ONTUSDTAll bearish and highly uncertain at this moment. Robo signals came late to sell. Candles broke through several support lines. Next support line is at $0.707. Follow signals very carefully. Be patient. M
ONT/USDT Update: Retesting old support lineOntology is currently retesting the 0.9 support line the second time. It did hold strongly during the last test and we assume it will again.
We did break out of our upwards moving channel and have to take another shot.
Checking the RSI we see that we are near the oversold region and the volume is in a steady rise since 2021.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
#ONT REMAINS SOLID#ONTOLOGY REMAINS SOLID FOR THE TIME BEING, BUT WE HAVE TO WATCH THE MARKET MOVE. #BTC DOMINANCE IS CURRENTLY SLOPING DOWN AT 42.93%.
