#ONT has broken above the large falling wedge pattern on the 3-day chart. It was recently rejected from both the Ichimoku Cloud and the 3-day EMA50, but is still holding above the SMA50 — a positive sign.
📌 Consider laddered entries at the current price and key support levels:
🔹 $0.1368
🔹 $0.1293
🔹 $0.1208
In case of a successful bounce, the upside targets are:
🎯 $0.1642
🎯 $0.2008
🎯 $0.2303
🎯 $0.2598
🎯 $0.3019
🎯 $0.3554
⚠️ As always, use a tight stop-loss and apply proper risk management.
📌 Consider laddered entries at the current price and key support levels:
🔹 $0.1368
🔹 $0.1293
🔹 $0.1208
In case of a successful bounce, the upside targets are:
🎯 $0.1642
🎯 $0.2008
🎯 $0.2303
🎯 $0.2598
🎯 $0.3019
🎯 $0.3554
⚠️ As always, use a tight stop-loss and apply proper risk management.
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.
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.