ONTOLOGY: NEW PARTNERSHIPS & MAINNET SWAP - PROFIT = 32.07%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of September 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 32.07% PROFIT!
The increase in price may also be explained by positive developments including:
April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python.
April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT -14.36% 37.84% 37.84% -13.16% protocols.
May 3: Ontology announces a strategic partnership with NAGA 0.84% -0.88% with the intention to bring the Ontology infrastructure to the massive financial technology markets.
May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure.
May 14: The Ontology Foundation and the NEO Foundation signed a memorandum of understanding on May 14th, 2018, concerning strategy and technology integration.
May 24: Following the signing of the MoU, the Ontology Foundation and NEO Foundation have announced to co-fund a Joint Task Force with a total capital contribution of 4 mill CNY -0.21% -0.14% -0.70% .
May 25: Ontology Announces the Economic Model Design of the Triones Consensus System. Based on the Triones Consensus System, the Ontology team uses: 1. ONT 3.05% 1.60% -1.90% a cryptocurrency coin of main chain services & ONG a utility token of main chain operations.
May 29: Ontology establishes Strategic Partnership with COT ( IoT 0.00% 0.00% 0.00% 0.00% technology strategic partner.). Under Ontology’s strategy, Ontology and COT will co-build a platform combining Ontology’s chain network model and COT’s IoT 0.00% 0.00% 0.00% and intelligent hardware.
June 4: Ontology Launches Ecosystem Accelerator Program (Ontology Olympus Accelerator). The Ontology Foundation will invest approximately 1.5 billion USD worth of tokens, all of which will be used to support the future development of existing startups.
June 5: Ontology and PTS 2.84% Announce Strategic Partnership to Build a Blockchain-Based Credit Data Exchange and Financial Services to Empower Real Economy.
June 6: Ontology announces the first batch of the Ontology Advisors Group (OAG). The advisors will provide a full range of strategic and industry consultancy for the Ontology ecosystem.
June 10: Ontology announces token swap in conjunction with mainnet launch.
June 12: Ontology Enters the Automobile Industry with CarBlock Partnership. CarBlock will build a transport data platform based on blockchain technology and vehicle network intelligent hardware. CarBlock will use data to tap into the one trillion US dollar 0.34% -0.50% -0.48% -0.06% automobile market and create a brand new smart transport ecosystem.
June 14: Ontology successfully switched to VBFT on Tuesday. Performance tests are showing tps of more than 5,000 without parallel processing, sharding, or FPGA.
June 19: Ontology and Contentos to Collaborate on Public Blockchain Solutions for Content, building a new global decentralized digital content ecosystem (distributed infrastructure with video applications and people).
June 25: Onchain wins the Microsoft 0.61% 0.78% -0.06% Accelerator Shanghai Graduation Award.
June 30: Ontology notes that it will commence a token swap on June 30 with ONG distributed to all token holders.
July 11: Ontology Enters Gaming Industry with Partnership with Cocos. Cocos has 1.1 million registered developers around the globe and 300,000 monthly active developers across 200 countries and regions. Games developed on the Cocos engine cover all game types on the market, which accounts for 30% of global market shares and 45% of Chinese market shares.
July 12: Ontology Adds IdentityMind Global to its Partner’s List to Perform Know Your Customer.
July 17: Ontology announces its cooperation with CertiK, a well-known American formal verification company. Both parties will work together in formal verification and enhance the security and reliability of smart contract and blockchain systems.
]July 27: Binance completes Ontology mainnet swap.
July 31: CoinMex lists Ontology.
August 2: Ontology, formally announces their strategic cooperation with Adrealm, an open ecosystem network for digital advertising.
August 9: OWallet, Ontology’s official desktop wallet, has been officially released, including Ledger support.
August 15: Spuul, Movie Platform with 60 Million Users plans to build new dApp Spokkz on Ontology
August 21: Ontology Cooperation with Healthcare Public Chain ALLIVE to Create Smart Healthcare Ecosystem.
August 22: Ontology uses Cryptography Experts NCC -5.00% Group to Review its Blockchain Infrastructure.
August 22: Ontology Decentralized Identifier (DID) Formally Added to the W3C-CCG DID Method Registry.
September 19: Ontology announces its strategic cooperation with TOP Network to build a communication network ecosystem at blockchain application level. Ontology Global Capital (OGC) will also make an investment in TOP.
TOP Network is a decentralized communication network based on blockchain technology 4.0, providing secure, high quality and low-cost communication cloud services which include messages, voice calls, video calls, VoIP, VPN, CDN, live streaming, IoT data sharing, and more. Its vision is to be the infrastructure of communication and social application in the era of Web 3.0.
With more than 50 million overseas users, they will bring a huge volume of transactions to the TOP ecosystem.
September 19: Ontology announces a partnership with decentralized blockchain music ecosystem platform Muzika. Muzika will develop dApps and a new music ecosystem based on Ontology’s underlying technology.
Muzika has over two million active users and 17,000 music producers across more than 150 countries, with rich experience in community management and user management. Under the direction of Ontology’s real economy strategy, Muzika can connect different aspects of people, assets, objects, and affairs in the digital system through Ontology’s distributed services to integrate the music world with real businesses, and encourage greater trust collaboration.
September 21: Ontology announces token mainnet swap in 10 days.
September 22: Cobo adds support for Ontology’s ONT & ONG tokens on our Cloud Wallet
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
Ontology
ONT Moves Up to Test Next FibONT has had a strong 48(ish) hours! As we can see above, ONT flirted with the 38.2% level for a few days and getting shot down repeatedly until the Bears got tired and Bulls took charge.
It was all Bulls from there, with two bull flags helping the price run up to the 50% Fib level!! ONT made it's first run around this time yesterday, and as we can see was rejected. It is IMPORTANT to note that not only are the Bulls/Bears both fighting the Fib levels, but we also see the Bulls using the 26MA as support when the Bears pushed the price down last night.
Currently we are testing 50% Fib resistance, and have an inside bar set up that is DYING to break bullish. I also like that the 12MA is closing in on the 50% level with the 26MA not far behind it.
We might see one more push down, support around 1.88-1.90 range, and then another run at the 50% level of 1.949!! It will be interesting to see if the Bulls can BLAST through 1.949 and keep running through 2.00 psychological resistance as well.
If we can break both... :)
J-Dot-Crypto
ONT, take us to candy land!Let ONT retest this channel it just entered. It has a daily consolidation tightening pattern and will coincide with the 50 and 618 fib retrace. It's in re-accumulation and will jump across the creek. This is usdt pair so its a leveraged bitcoin play. Let's trade some BTC through ONT for some USDT!
Buy- around 1.776-1755
Stop - Definitely use! but with bitcoins volatility its up to you how wide.
Target- 2.132
not investment advice
do your own research
yes, use a stop loss
If bitcoin doesn't flourish neither will this trade, but you're smart enough to know that.
ONT Currently Battling YUUGE Price LevelONT is currently fighting the 38.2% FIB level and it's looking like it's about to break! I really like the fact that the bulls have control of the moving averages as support, and the 12MA just crossed through the 26MA bullish.
If we can get above this price level, the bulls will then fight again in a wide range zone between the 38.2% and 50%.
Current resistance: 1.739
Next major FIB resistance: 1.957
Last time the bears and bulls fought through this zone for DAYS before breaking bearish.
Keep a close watch over the next 12 hours!
J-Dot-Crypto
ONT Daily Inside Bar Breaks BearishSURPRISE!!
Bears in full control. Took a lot of time today trying to find SOMETHING positive for ONT, but came up empty.
RSI levels are VERY LOW... but RSI isn't the best indicator as of late. If you read my post earlier, we broke the 1.75-.176 support... and now going to test out 1.70.
Let's hope the bears are tired and the bulls can come out swining tomorrow.
I'm a big fan of getting in at this price level, last two times we dropped below 1.70 we ran up to 2.88... but there is a little different market sentiment right now and BTC is not in the same state it was during those two time periods.
High Risk: Get in now, set stop losses in the 1.40-1.45 range. This is only if you can't stand that volatility.
Medium Risk: Get in now, set 50% stop loss at 1.65 and wait for bull volume and get back in. I don't always suggest to average down, but 1.50 has to be a big support zone if ONT bulls don't want to see a drop down to 1.00-1.10.
Low Risk Option #1: Get in now, stop-loss of 1.70
Low Risk Option #2: All fiat right now. Wait for CONFIRMATION of bull momentum (volume/MA Support). You might lose 5-10% gains, but it won't lose money either.
YOU HAVE TO BE SMART IN A MARKET LIKE THIS!!!!
J_DOT_CRYPTO
Callin' it like I see it!
ONT at DANGEROUS LEVELSOntology, just as the rest of the market, has been flirting with some dangerous levels as of late! As I noted in previous posts, ONT has a wedge set up and was getting close to a break.
UNFORTUNATELY we have seen a break bearish after testing and rejecting the top wedge line and we are not at some very dangerous levels. ONT is currently flirting with the previous bear run low of 1.753, and should find support here in the 1.70's. A break below that could do some real damage so exercise EXTREME CAUTION.
Prices below these levels are really unexplored territory for ONT/TUSD, and I would be surprised if we ran all the way down to the 1.00-1.10 range before we find another level of support. If the price breaks below 1.70 and the bulls cannot fight back, 1.50 would be the best case scenario of support. Psychological levels have a lot more impact than you think, and 1.50 does have some price action previously... but not enough for me to be confident in it holding.
Will keep everyone updated as time passes, but right now.... bears are in full control.
J_DOT_CRYPTO
Callin' it like I see it!
ONT Rejected at 26MA on 1HRNo surprise here! Same thing we have been seeing over the last week or so! Bulls gain some momentum, break the 12MA and get SHUTDOWN when attempting the break the 26MA.
Although the longer this goes on, the tighter the difference between the two will have to become and that's when we need the bulls to strike!
Pay attention to these trend lines! The bears and bulls have both been using them and it's important to know who is using which as support/resistance and more IMPERATIVE you are looking at the right time frame!!
If you can identify these trends, you can STILL make money... even in a bear market like this!
J_DOT_CRYPTO
Callin' it like I see it!
ONT: Multiple 4HR Bars Before Inside Bar Breaks BearishONT saw almost 12 hours pass before the inside bar finally broke bearish. Higher lower patter broke, and we are in full bear mode right now.
Bulls continue to lose the moving averages as support. If you look back before the last bear break, the bulls were coming in HOT with volume to keep the moving averages as support. Eventually their steem ran out and now the bears are fighting to do the same. We are seeing continous decreasing volume with each 4HR bar until very minimal and then the bear bomb drops with a large volume spike and a drop in price.
Ideally the bears would like to push the price down below the bear wedge (red) that we are seeing right now and push to new lows. Not a lot of action at the price level on Binance in the past, we don't have much to go off of which is never help.
Right now, I am playing it patient. I do have some money in at this level because there has been a lot of support in the 1.80-1.95 range. The bulls will fight to push the volume higher in the 1.90 range before making a run at 2.00 which will be a HUGE TEST. Moving averages are pushing down lower and lower which I think the bulls REALLY LIKE at this point. Having both so close together makes for a HUGE resistance level to break.
Keep a close eye on the wedge I have posted in red. As you can see.... we are getting VERY CLOSE.
J_DOT_CRYPTO
Callin' it like I see it!
ONT Loses Higher Low on 1HRONT lost the higher low on the 1HR overnight, so we are zoomed out to the 4HR. The bulls have a lot of room here to be able to set a higher low (>1.779), and it looks like we should set it here.
If the higher low is set, the bulls will look to break to a higher higher (>2.16) before setting another higher low and then another higher high to regain bull momentum.
Currently the bulls are fighting to regain the 12MA as support on this timeframe, but as you can see has been rejected over the last 4 bars.
A break of the 12MA would need to be followed by a break through the 26MA, and would set the bulls up nicely to come up through the 100MA and make a run.
For now, we watch and wait!
J-DOT-CRYPTO
Callin' it like I see it.
ONT 4HR Inside BarONT just lost broke the higher low on the 15 minute which caused a lower high to be set. Hit the reset button for the bulls! Looking for a higher high, higher low, higher high, higher low on the 1HR again!
Interesting set up on the 4HR currently! Inside bar, 1.977 to break bullish, 1.908 to break bearish! Set up looks like it would favor a bullish break, but with just losing the higher low pattern on shorter timeframes would tend to point towards breaking bearish.
ONT has been floating through a relatively tight zone for the past 24-48 hours now with 1-2 breaks.
Easy trading action if you're patient and paying attention.
J-DOT-CRYPTO
Call it like I see it
ONT IMPORTANT ZONEONT BREAKING THE 26MA ON THE 1HR! WATCH CLOSELY TO WATCH IT PLAY OUT!
Need a higher higher (>1.99) and then a higher lower (>1.906) to gain bull momentum! Then we will focus and watch for a tighening equilbrium pattern to form and watch for the same thing to happen (higher higher, higher low, higher high, higher low) on the 4HR timeframe!
J-DOT-CRYTO
Call it like I see it
ONT Bulls Break Higher High, Higher LowONT bulls come out swinging today and we are zoomed out to the 1HR! As you can see, they are currently holding the 12 Moving Average as support and trying to break the 26 Moving Average before a run at the 100MA!
MACD is bullish and separating shaping into a quite bullish set up!
We have have a higher low formed, and the bulls will now look to break to a high higher while regaining the 26MA as support! The zone between the 12 and 26 moving averages is tight, and the 12 is setting up to break up through if the bulls can keep momentum in their favor!
As always, set stop losses within 5-10% (depending on your preference) of the 12MA as it is working as our current support. If broke, there are a few support levels in the 1.90's that I think will hold us up for now.
J-DOT-CRYPTO
ONT Tests the 26 MAONT broke through the 12MA when it broke bullish on the 15 minute chart! As you can see above, it is current trying to regain the 26MA as support! I would love to see it smash through it here, but I would anticipate a failed attempt and healthy retrace.
If we retrace, the bulls will fight to keep the 12MA as support regroup and try again!
2.00 will be a big psychological level to break and regain as support as well!
J-DOT-CRYPTO
ONT Equilibrium Pattern Breaks BullishONT zone got VERY tight overnight allowing us to zoom all the way into the 15 min chart to follow. As you can see it became tighter and tighter until it came time to test the 12MA and 26MA.
Previous attempts have broke bullish on this time frame, but the bears finally tired out and the bulls take over the 15 minute time frame. Breaking the the 12MA and the 26MA and shifting their momentum and moving them in the right direction!
We now zoom out to the 1HR chart, and see what the bulls can do here. After the bear momentum yesterday the moving averages are primed and ready to come up and break through the 100MA to regain bull dominance.
For now, we wait and see if the bulls can keep it up!
J-DOT-CRYPTO