Ontology / Bitcoin
Updated

Ontology Critical Point

288
Ontology wants to find its way into an uptrend here. It appears to be in a small symmetrical triangle, where we hope that it breaks to the upside. It is sitting on top of the 20 day moving average within the bollinger band as support. It is sitting just atop a 50 RSI currently, which should hopefully act as support. It is on the brink of breaking out of its recent downtrend. It will need to break resistance around 9693 sats. The boss method on the 77 minute chart is currently a buy, and the 343 minute charts is trying to develop into a buy.

Please let me know if you agree/disagree.

Thank you!
Trade active
We broke that initial resistance, which should now act as support : ) If BTC stays strong, I suspect that ONT can make its way back to testing resistance in the 11625 sat area.

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