ONT just lost broke the higher low on the 15 minute which caused a lower high to be set. Hit the reset button for the bulls! Looking for a higher high, higher low, higher high, higher low on the 1HR again!
Interesting set up on the 4HR currently! Inside bar, 1.977 to break bullish, 1.908 to break bearish! Set up looks like it would favor a bullish break, but with just losing the higher low pattern on shorter timeframes would tend to point towards breaking bearish.
ONT has been floating through a relatively tight zone for the past 24-48 hours now with 1-2 breaks.
Easy trading action if you're patient and paying attention.
J-DOT-CRYPTO
Call it like I see it
Interesting set up on the 4HR currently! Inside bar, 1.977 to break bullish, 1.908 to break bearish! Set up looks like it would favor a bullish break, but with just losing the higher low pattern on shorter timeframes would tend to point towards breaking bearish.
ONT has been floating through a relatively tight zone for the past 24-48 hours now with 1-2 breaks.
Easy trading action if you're patient and paying attention.
J-DOT-CRYPTO
Call it like I see it
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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.