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ontology potential pitfall!

so here we are again! my previous analagy of the market was correct. yes ontology was overbought to fast and its true value has yet to be determined! we are clearly in a downtrend and could go LOWER!
currently we are testing the support which is drawn out as a white line. if we fall through this support we looking potentially looking at a big fall for everyone in this boat! im looking to buy in but only once the price is right.

because this is such a risky position i will not buy in yet until i see ont out of the downtrend.

just a novice trying to go pro dont forget to read your indicators and happy trading! (: