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Ontology / TetherUS

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ONTUSDT trade ideas

ONT about to pop off!$ONT is looking like it is gearing up for a big breakout. It has been consolidating for the past couple of years and has finally cracked the pervious resistance. It does however look like over the immediate future it might have a slight pullback to see if the previous resistance line is now support. This is primarily because we are trading at the upper end of the trend line and it is unlikely (but not impossible) for ONT to breakout in parabolic fashion. If it bounces off this line that is a great indication that we are about to achieve liftoff. Personally, I am hoping this will happen as it will only give ONT a more stable launchpad for the next upward move. Other bullish indicators include: 1. The absolutely massive volume increases over all of 2021. 2. The RSI showing that the momentum is moving in a upwards direction 3. The MACD line floating well above the signal line 4. The total lack of resistance over $2.50 and under $8.00 Because of point #4 I am setting my price target to the previous ATH of ~$8.00 Stop will be at the previous level of support/resistance of $1.44 - $1.60 Have fun! Like, comment, and follow! Not financial advice
Long
by zsamochin
My buy list - BEAM BRD EOS GXS MDA ONTThis is my current recommended buy list BEAM BRD EOS GXS MDA ONT I expect these to move up by around 500% to 1000% over the next 1 to 3 months All of these are based on my close monitoring of all coins on Binance based on the USD price (USDT or calculated USD) The Feb 2020 price was the key price in most of these coins. There was a huge drop in March 2020 due to the stock market COVID panic A strong recovery following, moving up to the Feb 2020 price which acted as resistence Most coins then formed a U shaped pull back then reattempted to break through the Feb 2020 price. Most coins rocketed up after that point The market is now looking at the few coins that havent rocked up yet. My analysis uses the Feb 2020 high as the key price to look at. All of these coins are close enough to that price to still be a bargain and I expect most / all of them will rocket up soon. There is always a chance that one or two will fail so spread your risk around and buy into more of these coins instead of just one When one of then rockets up to 10x the Feb 2020 price, consider selling and buying into the other coins on this list that havent pumped yet Good luck
Long
by shollows