ONT new lower high

By skyzolee
Updated
ONT is currently forming a lower high compared to the 6.70 area from last week.
It's dropping lower versus Bitcoin in this moment, it should go lower as bitcoin is expected to drop later on.
I think the buy zone is pretty large but will be rewarding anyway.
3$ psychological but it could be a bit higher obviously.
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invalidated as ONT broke up from the wedge.
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testing old resistance line as support right now
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if the support hold and btc goes up for another day I would consider buying here to sell around the 7 area.
Chart PatternsONTontusd

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