💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
💟 Market Health (October-22) The market is still very good and Altcoins still have a very good opportunity to continue to increase in the next days. When the market wants to create FOMO, there is usually very little correction, so keep accumulating so as not to lose the opportunity
The buying force at 0.95$ zone is trying to push ONT up to 1.1$, 1.3$ anf 1.7$ in next days. But if it loses this zone, it will drop down to 0.85$ or even 0.65$ zone
📈RED PLAN 🔴Buy : 0.93-0.97$. SL if B
🔴Buy : 1.07-1.13$ if A. SL if B
🔴Buy : 1.27-1.33$ if A. SL if B
📉BLUE PLAN 🔴Sell : 1.07-1.13$. SL if A
🔴Sell : 1.27-1.33$. SL if A
🔴Sell : 1.66-1.74$. SL if A
🟣PURPLE PLAN 🔵Buy : 0.83-0.87$. SL if B
🔵Sell : 0.83-0.87$ if B. SL if A
🔵Buy : 0.635-0.665$. SL if B
❓Details 📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Ontology is a high performance public blockchain and distributed collaboration platform. Ontology aims at solving the trust problem with blockchains, with a prime focus on issues such as identity security and data integrity. Ontology's mainnet launch took place in July 2018.
Some of its core features include a lightweight universal smart contract language (with WASM support), the support for multiple encryption algorithms, and the support for multiple consensus algorithms (e.g., VBFT, DBFT, RBFT, SBFT, PoW).
The Ontology network is divided into three distinct layers. (1) The core layer is made of protocols and various chain groups. (2) The application layer is comprised of partners, application frameworks, and modules. (3) The user layer represents all users of the applications in Ontology's ecosystem.
The network relies on a dual-token model, with ONT (Ontology Token) and ONG (Ontology Gas). ONG tokens are distributed to ONT-holders and are used for on-chain transaction fees