ONT continues to post lower lows- BEAR DAYONT continued to post lower lows throughout the day. Current showing a price of 1.975, and looking to set a new lower low.
Will continue to watch on the short term time frames to see if we can break to a higher high, higher low, higher high, and higher low before we zoom out to the 1HR.
Just when Twitter was covered in #AltSZN tweets, Bitcoin throws a dagger and plummets prices and market sentiment with it. Could it be a result of Eminem new album murdering everything it spoke of? Maybe, but probably not.
Stay tuned as we watch for the bulls to take back control.
SUPPORT
1.96
1.78
Resistance
2.00 (Psychological)
2.06
-J_DOT_CRYPTO
Ontology
[ONTBTC] Ontology Back In Business [240% PP]Ontology (ONT) can be traded on Binance and it is one of the highest volume tokens on that exchange. Recently, Ontology had a very strong breakout and has been consolidating nicely.
A bullish pattern has formed on the charts and I believe a break up can happen soon.
Charts, signals & indicators
- You can see the bullish pattern in purple. This is either called a bull flag or bullish rectangle, it goes by different names.
- You can see the profits potential for this trade based on current price vs last all time high.
- Huge increase in volume can also be seen after the bottom was hit on the 14th August. And more volume keeps on building up.
- Very strong bullish divergence on the MACD, notice the huge jump in price after this signal formed.
- EMA10 (blue line) is now working as support... This is an easy trade for us.
Trade instructions for Alan Masters Trades supporters
Buy in: 0.000346 - 0.000387
Targets for Alan Masters Trades supporters
(1) 0.000404
(2) 0.000474
(3) 0.000544
Stop loss: (1) Close below 0.000310 on the weekly or (2) a close below 0.000268 on the daily.
Capital allocation: 5-10%.
GROWTH IS IN THE AIR
Next time you wake up, stop, remain calm, breath over and over... Remain in bed.
Take a few minutes for yourself, a few moments of breathing... Thinking of nothing, it is the perfect time to meditate.
Is there anything else that needs to be done?
No, that is all that it takes.
All you have to do is breath deeply for a few minutes, through your nose... Because GROWTH IS IN THE AIR.
Namaste.
Ontology MainNet launch event in Tokyo1-On the eve of the Ontology MainNet launch event in Tokyo on August 25th, Ontology will be hosting a closed event in which 50+ corporates in Japan will gather to learn about how Ontology’s public chain infrastructure can help their respective industries.
2- Socrates Q3 2018 Due by September 30, 2018
3- i love Ontology :)
Potential bullish Kumo breakout ONT ETH 1D* Heikin Ashi + TrendMaster setup is bullish
* Ichimoku setup is bullish
* Signal strength going from normal/neutral to strong if we get this bullish Kumo breakout
Thoughts? Thanks
ONT wave structure and fib projectionsEW combined with Fib projections gives us some ballpark targets if ONTOLOGY chooses to continue to run. stop loss at your own risk, I aint your dad fool.
notice wave 2 is a flat style corrective wave, and wave 4 is a sharp style corrective wave. this appears to be happening again, if your a REAL bad motherfucker, you can fade wave 4 for an additional 1,440 satoshies (~40% additional ROI)
be safe chart killers,
SK
ONTOLOGY: HEALTHCARE PARTNERSHIP & DID ADDITION - PROFIT=98.84%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 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 98.84% 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 37.84% 37.84% -13.16% protocols.
May 3: Ontology announces a strategic partnership with NAGA -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 -0.14% -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 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% 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% 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 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 -0.50% -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 0.78% -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
(NEW) August 21: Ontology Cooperation with Healthcare Public Chain ALLIVE to Create Smart Healthcare Ecosystem.
(NEW) August 22: Ontology uses Cryptography Experts NCC Group to Review its Blockchain Infrastructure.
(NEW) August 22: Ontology Decentralized Identifier (DID) Formally Added to the W3C-CCG DID Method Registry
It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
$ONT, Wait For It…
Daily
Looking at our trend timeframe we see price is currently respecting our downtrend line, stochastic rsi showing momentum in favor bulls. However we are at a current pause right now and should expect some retracement. Expecting ONT to for a double bottom at our 2000 level, however if we get a daily close above 3500 expect ONT to push towards 5000.
Setting up a trade using Ichimoku on ONT BTC DailySince I learn best when going through examples, here's a trade setup using notes from this article,
www.forexstreet.net
Pre-flight checklist for trading w/ Ichimoku:
1. Price versus the Kumo = bearish or bullish
2. Type of territory = bearish, normal or bullish territory
3. Tenkan Kijun (TK) Cross = bearish or bullish cross
4. TK Cross signal strength = weak, neutral or strong signal
5. Chikou Span vs Price = bearish or bullish
6. Kumo Future = bearish or bullish
TL;DR
Bullish TK Cross but:
* Market sentiment is still bearish
* Weak signal strength (below Kumo)
* Bearish Chikou, below price of 26 periods ago
* Kumo Future still bearish
Hence, no trade atm.
Thoughts? Thanks