Looing at our trend timeframe we see ONT remains in a minor uptrend, stochastic rsi showing momentum in favor of the bulls. This week's candle tested our uptrend drawn from early January. Next week we should expect another retest of the $0.80 unless the smaller timeframe shows otherwise.
Shifting over to our pattern timeframe we see ONT has found support inside our $0.80- $0.85 zones. Stochastic RSI showing momentum is currently paused, as we await the next move. A daily close above $0.85 and we should see the price make a move towards $0.95, however a rejection and we could see a sell-off towards $0.75
