Since breaking back above the key horizontal structure level, ONTUSDT has been consolidating in the form of this symmetrical triangle formation, as you can see the range is tightening and we look to be coiling up for a breakout. Watching the descending trendline for a close above
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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.