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Ontology (ONT) - May 23

BINANCE:ONTUSDT   Ontology / TetherUS
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Points to be absolutely supported: 0.5198 points

Where we can expect further gains: We need support at the 0.5665 point.

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It is necessary to check if it can rise above the critical point of 0.5198 near Low.

It is currently the third challenge to climb above the 0.5198 point.
I think you can see where the today's closing price is generated on the 1D chart to see if you will succeed or not.

If you do, you need to make sure you can get support on the upward trend line or above 1M 5EMA.

It is not known whether the coin market will continue to rise or fall.
However, I think ONT should be supported at 0.5198 in any case.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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