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FREE ONT ANALYSIS November 15, 2021

November 16, 2021

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  • 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


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