✳️ Ontology Classic Double Bottom Major Bullish Wave

18 באוג׳ 2023

We have a classic double bottom on the Ontology (ONTBTC) chart, first a low was hit in June matched yesterday (August), giving us our classic double bottom signal.

This signal is supported by a double bullish divergence, MACD and RSI. Additionally, we have very low volume on the drop, basically no volume which means that there is no bearish strength.

This type of chart clearly points to higher prices coming next.

When will these prices come? Within a week or just a few days?
Doesn't matter, this is an easy chart setup, very low risk. Only patience is needed here to win. Nothing complex, very easy.

Namaste.