Support a trendline (touched three times), confluent with breakout of another trendline In a triangle,
Holding above Ema 50,
Consolidation in a retest zone (blue box),
Targets and Stop loss in a chart.
Start your trading week with profit, folks🔥
Looks like this formation is still relevant💯
It stays on a significant zone.
According to fundamental analysis this coin looks really well.
However do not rush and wait for a clear signal on the market.
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Not financial advice but this is the potential of ONT as it recaptures its old ATHs on the OTC/BTC chart.
Imo, the $21 PT will be the first altseason cycle top and the $74 PT will come during the blow-off top cycle end.
Finally broke the first resistance (yellow), and did a 50% run.
Increasing volume and price rising equal a strong market.
RSI is drawing a double top, and S-Wave looks topped as well.
Continuation means breaking the new resistance (white line).