ONG has been languishing on the bottom for the last 2 years.
The weekly chart shows 4 big peaks of volume during this Bear period, which is a signal of a possible trend change.
Price has been fighting with all main weekly MAs and after retesting the 50 and 100 weekly MA is now heading north.
A recent price wick to 8000 sat is a signal this price can be reached again soon.
Target for this trade is 6000 sat but can go much higher.
cheers
Baked Finance
this post is for educational purposes and not financial advice. do your own research first.
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