ANALYSIS 🔎 - ONTUSDT is printing an ascending triangle pattern. - An ascending triangle pattern is a bullish build up pattern. - The ascending triangle has one horizontal resistance and two inclined supports : inclined support 1 (inner) and inclined support 2(outer). - Price action is currently bounded between the horizontal resistance and inclined support 1 (inner). - There's a breakout potential.
SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support 1 (inner). - This setup invalidation will lead to a retest of the inclined support 2 (outer).