There is a possibility for the beginning of an uptrend in ONTETHTechnical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00390 to 0.00330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00390)
Ending of entry zone (0.00330)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00450
TP2= @ 0.00500
TP3= @ 0.00597
TP4= @ 0.00680
TP5= @ 0.00763
TP6= @ 0.00897
TP7= @ 0.01030
TP8= @ 0.01463
TP9= Free
Ontethereum
There is a trading opportunity to buy in ONTETHTechnical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006510 to 0.005730). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006510)
Ending of entry zone (0.005730)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.007485
TP2= @ 0.008140
TP3= @ 0.008630
TP4= @ 0.009770
TP5= @ 0.013470
TP6= Free
There is a possibility for the beginning of an uptrend in ONTETHTechnical analysis:
. Ontology/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006900 to 0.006300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006900)
Ending of entry zone (0.006300)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.007590
TP2= @ 0.008140
TP3= @ 0.008720
TP4= @ 0.009380
TP5= @ 0.010620
TP6= @ 0.012380
TP7= @ 0.014620
TP8= Free
There is a possibility for the beginning of an uptrend in ONTETHTechnical analysis:
. ONT/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.008128 to 0.007406). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.008128)
Ending of entry zone (0.007406)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.009346
TP2= @ 0.010601
TP3= @ 0.012390
TP4= @ 0.014620
TP5= @ Free
