ONTBTC double bottom, bullish XABCD and the breakout

Analysis of ONT started with bullish reverse of indicators. Then the price found and bounced from double bottom which is situated at the lower trend line of the Triangle. Lastly the price bounced and made a breakout up from the drawn point may start a bull run, in case of subsequent consolidation the price should form another XABCD and bounce from the upper side of the Triangle. Our targets will be reached in the mid term

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#Profit
#ONT

The price rached 0.0003176 on the 28th of September. 2nd target is reached. At the moment there there is a finished IHS formation. The coin is ready to reach the next target. It is a good moment to accumulate more

Profit: 13.4%
Duration: 1 day