Every time Ontology drops from it's resistance it gains support on the below trend-line. Ontology is now on the same trend-line, will it break the trend-line ?
Fantastic Pattern. As per the charts. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands...
Nice RR for a long right now. Setup for #ONT #TeamAZ
Huge upside expected as negligible resistance on upside on monthly time frames. Huge volume buying seen on monthly/weekly/daily time frames. Horizontal lines are marked for upside targets.
Analysis:- irrelevant things also goes up too when the market is chullish.
Ont is in consolidation phase...It may break out for a short/drop @ short..to be checked in further hour