Last time I posted Ontology in Falling wedge, it had breakout only about 15% in the reason of bitcoin fall due to fact that Bitcoin wasnt able break 10k at first try. There were more times that I have posted some price action on Ontology that is about to do, and they all went perfect, I ve even posted a free signal buy opportunity at 4,700 :).
Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform.
Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.
That was in short about Ontology, lets take a look at the chart.
Lots of pattern can be seen, Penant, and currently an . The Previous two has led to breakout so it could third time as well.. what else to say.. Yes there is strong at 9,000 - 8700. I see ONT falling to these zone only if Bitcoin will see major selloff otherwise is not likely.
Last thing for me is to look at the Indicators and what have they said to me?
MACD - Was expecting sellers to come but havent arrived and currently it looks like they are dissapearing again and buyers are incoming.. about to gave buy signal if the will be follown.
RSI - Bounced off its , heading to break the level.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel!
Hope I made your view on whats going on with Ontology somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Thanks for the info!!