ONT Technical Analysis: Delicious, But Scary

Juicy and attractive things catch the eye against our will. They dilute the routine of life and give birth to positive emotions in the heart. Apparently, such emotions are felt by investors who have seen the ONT cryptocurrency. What makes this cryptocurrency attractive? First of all, it should be noted that from 2018 the position on this cryptocurrency is still gaining. Of course, it is unknown how much more the price will consolidate. However, the range of prices in the consolidation reaches 500%. In addition, currently the ONT price is in the liquidity range of $0.46. This range has stopped the active phases of the ONT price fall since 2018. https://www.tradingview.com/x/JGPJbTYq/ Therefore, buying the ONT cryptocurrency in this range is a logical decision. The critical point below which the price should not fall is $0.041. In this case, sellers will have a great chance to update the historical low. And a strong liquidity zone of $0.46 will be a thing of the past. The first target of buyers at the moment is at $0.76. It was in this range that buyers were interested in the period from June 2021 to January 2022. Given this fact, a large number of investors will sell ONT in this range (either to capture profits or close their unfortunate position). Technical Analysis Of ONT On The Daily Timeframe https://www.tradingview.com/x/Wo6zDnEU/ However, analyzing the movement of the ONT price on the daily timeframe, we can see that the ...