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Ontology ( $ONT 1D) the change we are waiting for

BINANCE:ONTBTC   Ontology / Bitcoin
The cryptocurrency market while volatile is also very well calibrated.
Some of you may be thinking of a possible new “alt season” coming. ONT seems to not have been left out buy the buyers and I envision an increase in price VS BTC in the future.
The tide lifts all the boats. Some things may signal the beginning of a new uptrend.
- The breakout of the trendline
- The flattening of the daily EMAs
- The coin did not make a new low (698 sat support)
- The spike in volume
- Staying in a range
- Bullish divergence can be noted on the daily RSI.



In my opinion the coin can be add to a diverse portfolio if it can complete a “double bottom” on a weekly timeframe (close above 1189) . It is still too early to tell.
Patience is key. As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_

Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.

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