DatHowYzer

DatHowYzer

We can see that ONT has fallen from the previous trend line to the new support zone(4). If BTC bottoms out around 5k then we can expect the retest the previous support zone(3). If BTC has already bottomed at 6k then we should expect a continued uptrend movement in line with the new trend line all the way until mainnet release.

DatHowYzer

No reason why we shouldn't continue this solid uptrend movement. If you zoom out to the 3 month you can see we have clearly bottomed. Zooming out to full 1 month view you will see the uptrend confirmed. Swings are pretty obvious should be easy profits all the way up to 0.004500.

DatHowYzer Updated 

ONT should continue it's uptrend to resistance level 3(take profits). If we dip to level 2 we should still be okay but if it dips below level 2 we will go to resistance level 1.

DatHowYzer

ONT has dipped nicely since it's last parabolic spike. Going into this week I expect ONT/BTC to continue it's upward movement after the weekend dip.