In my last post, I was suggesting the possibility of a bottom and inverse head and shoulders forming with the head forming just under 5000 Sat. The pattern failed, but the weekly still shows the possibility of a massive inverse head and shoulders pattern developing with my previous post at the left shoulder. This could be the head just under 3000 satoshis. I expect a move to the mid 6000 Satoshi-level where ONT will see major resistance against bitcoin. A break of this level with volume should confirm the bottom is in. I believe taking a trade from here to 6000 SAT provides a good risk reward for starters.
