Ont slowly gearing up!
Ont, looks good on big frames! Price on 4 hour is trading above all EMA'S & MA'S so thats is a good sign. Now we see ONT is trying to conquer EMA's & MA'S on daily thats the next thing! Around 100 And 200 EMA I expect more price action because it's weight more heavy for price in big frames for algorithms and trading bots! Further we could see on RSI & MACD EMA'S already making higher highs! So the underlying trend tries already to shift to the upside! The next days it's imported to close a daily above the red OB! For fun some targets for you mates! Almost forgot to say, we are on the edge of the downward channel :)
Have a nice weekend! :)
Ont, looks good on big frames! Price on 4 hour is trading above all EMA'S & MA'S so thats is a good sign. Now we see ONT is trying to conquer EMA's & MA'S on daily thats the next thing! Around 100 And 200 EMA I expect more price action because it's weight more heavy for price in big frames for algorithms and trading bots! Further we could see on RSI & MACD EMA'S already making higher highs! So the underlying trend tries already to shift to the upside! The next days it's imported to close a daily above the red OB! For fun some targets for you mates! Almost forgot to say, we are on the edge of the downward channel :)
Have a nice weekend! :)
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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.