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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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.
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.