ONT is currently residing at the top of the triangle, potentially breaking out of it. I'm expecting that ONT will bounce off the resistance once more and move towards the lower support line. Around that line would be a great area to step in for the best risk-reward ratio.
A decent longer-term target would be the current local high around 1,60.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.