ONT is one of my favorite coins for the month. It daily chart is absolutely beautiful.In addition to the chart, mainnet release is scheduled for june 30th.
Assuming overall market doesnt completely tank, i think
ONT should have a monster month.entry: 11000
T1: 12500 (+13.6%)
T2: 16000 (+45.5%)
T3: 25000 (+127.3%)
stop loss: under break of trend line:
If we apply fib lines to each rally (starting from 1500) they all pretty much are in line with each other, which is where my T2 and T3 come from
I will point out, this RSI divergence is something to keep an eye on:
Note
it looks ready.
Note
and daily RSI looking better too
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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.