ONTOLOGY has been growing slowly and steadily finding support at the parabolic curve as can be seen in the chart!
We might say ONT has been forming a Cup and handle from which the cup is more than complete and now it's time for the Handle to take shape. We need to drop for that to happen.
The Bearishly diverging #RSI is a strong indicator that suggests a good and meaningful correction is due soon!
The previous Resistance at around 9750 to 10150(Orange zone) is now considered as a support. And we can start laddering our buys there. If the correction goes below that 0.618 level should be the ideal region to find support.
ELLIOTT WAVE ANALYSIS also suggest a drop is soon coming.. #ONT is already in correction on the 4hr chart according to my count.
All assured ONT is on its way to the moon..
A Small step back for a giant Leap forward!
Will be giving my Targets soon!
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