ONT ANALYSIS (TIME TO BUY THE RETRACE!)
ONT
ONT recently had a failed break down, which was eaten back up by buyers creating a bart pattern. ONT sits back at a strong support line at 700-725 sats. This is a great entry zone as ONT has plenty of room for growth form here. A break thru of the 50 MA at T1 of 780 sats is expected to come this week. Once T2 at 830 sats is broken, a small frenzy of buys should push ONT in the direction it needs to hit T3 at the daily resistance block of 960 sats. 200 MA has dropped close to 50 & 100, making it possible for a bullish cross of both 50 & 100 OVER the 200 MA. This could be a great setup for long term as well. This is definitely something I would recommend a buy in near 700 sats. All signals are pushing for a buy here.
Possible Entries: 700-725 sats
ONT recently had a failed break down, which was eaten back up by buyers creating a bart pattern. ONT sits back at a strong support line at 700-725 sats. This is a great entry zone as ONT has plenty of room for growth form here. A break thru of the 50 MA at T1 of 780 sats is expected to come this week. Once T2 at 830 sats is broken, a small frenzy of buys should push ONT in the direction it needs to hit T3 at the daily resistance block of 960 sats. 200 MA has dropped close to 50 & 100, making it possible for a bullish cross of both 50 & 100 OVER the 200 MA. This could be a great setup for long term as well. This is definitely something I would recommend a buy in near 700 sats. All signals are pushing for a buy here.
Possible Entries: 700-725 sats
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WIN!
ONT/BTC Hit Target 1!
+8.33% Profit!
ONT/BTC Hit Target 1!
+8.33% Profit!
ONT/BTC Hit Target 2!
+15.28% Profit!