ONT price is on a bearish trend and the price is currently overbought according to the stochastic RSI. The bearish momentum is well confirmed by the recent cross on the stochastic RSI, and possible sell trade could be initiated as of the current price, around 0.0003161 satoshi, or wait for the price to cross the lower trend line on the triangular trend. Take profit target could be placed at the lower support, around 0.0002706 satoshi, with a stop loss around the downtrend trend line, around 0.0003233 satoshi.

ONTBTC
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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.