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Ontology might confirm its down trend for a third time

BINANCE:ONTBTC   Ontology / Bitcoin
Ontology took a hard hit lately, which comes as no surprise considering the overall market conditions. But while its price action is on a steady decline, we can see a downwards trend with two clear confirmation points forming. I was wondering if we might see a third confirmation point within the next up-cycle. The price sits at 0.0005 as of writing, and in case the price would follow its trend, it might rise up to 0.0007 pretty quickly. Ontology is one of my favourites in 2018 and regardless of its current price action and I am pretty bullish on this network. Let me know what you think.

Comments

Impact from NEO and of course BTC value will decide tha's it:

The adage goes that: 'A rising tide lifts all boats,' and the same goes for a falling one. With Bitcoin still being the biggest boat in the bay, it makes sense that should an issur affect it and its price, other coins in the crypto market will also feel the effect. #Bitcoin
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