Ontology (ONT) has formed a double top which means that reversal will happen.
There is a 20% gap between the neckline and the second top, which could lead to a 20% drop.
Although we can expect it to go even lower, as the charting books say, if the double top forms we can see a drop to far below the neckline.
There is a 20% gap between the neckline and the second top, which could lead to a 20% drop.
Although we can expect it to go even lower, as the charting books say, if the double top forms we can see a drop to far below the neckline.
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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.