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ONT/USDT Consolidation between support and resistance

BINANCE:ONTUSDT   Ontology / TetherUS
ONT dropped hard during this market dump and we see a consolidation between the 0.9$ and 1.3$ range.
This could narrow down until July before it finally breaks out.
We expect the breakout to occur upwards.




Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
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Cheers

ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.

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