ONTUSDT.P trade ideas
ontusdt/1dDaily candle is shooting star (bearish) and according to chart we have strong resistance above of ONT. Always buy on strong support line and sell before strong resistance.
For holders it's not good time to opening long position but others will be able to opening long or short term base on dynamic and static lines ((check candles also)).
As for me, I always check important dates on chart for possible trend reverse ((you can see them on my chart)).
0.8426 , 1.1697 , 1.5992 , 2.3348 , 3.1127 are strong resistance for price and 0.4179 is strong support, also.
Good luck
ONT short termthe premise is that these considerations on the short term,
it seems to me that from 22 June to 7 July an impulsive movement has developed, therefore from 8 July its correction, and
in the green area the possible levels for this correction, levels from which it could start again.
Below the low of June 22 this hypothesis is denied