ONT finally looks to confirm its bottom.

ONT has been in freefall for quite some time but it looks to have finally completed it's selling here with the MacD reaching it's bottom and crossing over at last. The weekly chart also saw ONT as one of the most oversold currencies in the whole market and the daily RSI remains low. The daily and weekly 9 in conjunction should give this a strong bounce as long as market conditions stay half decent. Take a look at the hourly chart as well which is creating a nice ascending triangle, next step up looks like it could come later today.