ONT/BTC - Looks super healthy, it looks very strong, as you can see we have broken a very long term wedge formation with some big volume, we have held above a key resistance level and are now finding support on previous resistance which is exactly what we are looking for.
Indicators are looking prime, MACD is super bullish, its ranging above the Ichimoku Cloud which confirms a bullish move for ONT in the coming few days to a week.
Fundamentally - we have a mainnet this month and some rumours on a Bithumb Listing which would rapidly increase the demand on this coin.
A good entry on this is 0.00010150 sats, first structured resistance is at the previous ATH, which would have us at about a 10% profit.
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.