ONT accumulation and possible big rally
ONT has been forming a Wyckoff accumulation schematic. Spring/Test phase is on-going with good buy volume (see the last candles).
As a result, a short-term setup is in chart.
I put also mid-term targets when this accumulation finishes: $0.4 and $0.7 are possible ones.
Trade closed manually
Trade closed at entry. Waiting for BTC's new moves
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Disclaimer
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.