Market analysis
🌴FREE ONT ANALYSIS🌴
- Yello, ladies and gentlemen😎!
💎Ongology broke above the triangle pattern formed during the past few months
💎After the confirmed breakout, the price went down, and bounced off the support at 50EMA
💎The downtrend trendline also acted as the support, confirming that $0.9861 is a strong demand zone
💎As long as daily close remains above the demand area, ONT will continue to move up
💎The key resistance is at $1.6900 and, if/when reached, will result in a 55% increase in price
Crypto trading involves substantial risk and is not suitable for everyone. Nothing here is financial advice; it is education only. Never risk more than you can afford to lose.
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