Technical analysis by monsRUS about Symbol ONT: Buy recommendation (10/9/2022)

This is the first investment purchase since the beginning of the fall of the crypto market. The instrument has been accumulating for 5 months, volumes have decreased to a minimum, all sales at the 0.2 support level are being redeemed, the price is 0.2 historical minimum. The potential of the move is up to 0.4 and 0.6 in the next few months, in the long run 1 dollar.The charts show an increase in volumes, sharp bursts of buying with paranormal volume and a reverse pullback. Position is being set. Further, I expect a contraction to 0.2600, a trade and a shot at 0.30-0.35. Position scored from 0.196-0.21 .