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Ontology Price Prediction: ONT awaits a 50% move as it nears the end of consolidationCryptos
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3/15/2021 8:42:22 AM GMT
Ontology price is traversing a symmetrical triangle pattern, hinting at a 50% swing in either direction.
The price squeeze as ONT approaches the setup’s apex forecasts a volatile breakout.
Transactional data reveals that an upward move will face more resistance relative to a downswing.
Ontology price has been consolidating almost a month inside a technical pattern that predicts a 50% move in either direction.
Ontology price poised for a big move
Ontology price action over the last 30 days reveals aggressive moves from both the buyers and sellers. As a result, ONT has formed lower highs and higher lows, typical in a symmetrical triangle pattern.