ONT Equilibrium Pattern Breaks Bullish
ONT zone got VERY tight overnight allowing us to zoom all the way into the 15 min chart to follow. As you can see it became tighter and tighter until it came time to test the 12MA and 26MA.
Previous attempts have broke bullish on this time frame, but the bears finally tired out and the bulls take over the 15 minute time frame. Breaking the the 12MA and the 26MA and shifting their momentum and moving them in the right direction!
We now zoom out to the 1HR chart, and see what the bulls can do here. After the bear momentum yesterday the moving averages are primed and ready to come up and break through the 100MA to regain bull dominance.
For now, we wait and see if the bulls can keep it up!
J-DOT-CRYPTO
Previous attempts have broke bullish on this time frame, but the bears finally tired out and the bulls take over the 15 minute time frame. Breaking the the 12MA and the 26MA and shifting their momentum and moving them in the right direction!
We now zoom out to the 1HR chart, and see what the bulls can do here. After the bear momentum yesterday the moving averages are primed and ready to come up and break through the 100MA to regain bull dominance.
For now, we wait and see if the bulls can keep it up!
J-DOT-CRYPTO
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