- ONTUSDT is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- The ascending triangle has one horizontal resistance and two inclined supports : inclined support 1 (inner) and inclined support 2(outer).
- Price action is currently bounded between the horizontal resistance and inclined support 1...
ONT is network is an alternative for the ETH and BSC. Dapps are being built on ONT. OpenOcean, Unfi, etc are using ONT network and more are integrating ONT.
This is just an idea of the ONT chart on daily timeframe.
I will add ONT if it get dipped or when it retest the resistance area as support.
ONT is forming a sub wave 4 triangle of the primary wave 3.
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