ONT found support after a failed breakout
ONT is range-bound on the weekly chart. It's been ranging between $0.50-$1.00 in the past few months. Currently sitting on support levels on the 2 and 4 hourly charts. It's just taking off from the support zone of $0.50 so it's the beginning of the new cycle. Since this coincides with the current bullish market, it presents a great opportunity to accumulate before new retail investors step in.
Target 1 - $1.00 - approx. 75% profit
Target 2 - $1.20 - approx. 110% profit
Target 3 - S1.50 - approx. 163% profit
Target $ - $1.95 - approx. 242% profit
As per usual, this is just my personal opinion, not a financial advice. Please do your own research.
2 hourly chart
4 hourly chart
Target 1 - $1.00 - approx. 75% profit
Target 2 - $1.20 - approx. 110% profit
Target 3 - S1.50 - approx. 163% profit
Target $ - $1.95 - approx. 242% profit
As per usual, this is just my personal opinion, not a financial advice. Please do your own research.
2 hourly chart
4 hourly chart
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