ONT broke up from but was rejected by significant and big resistance at 1.264, this level was big support and resistance also in the past (BTC drop was in same tame, so its questionable was it rejection or it was pulled back down by BTC). Now we can see formed ascending triangle under 1.5318 and also inside of ascending channel that started to show up, so we have one bullish and one bearish pattern on this 6hr timeframe chart. MACD looks like its ready to go up and RSI is in the middle of the range. Se we are 50%-50% for both ways. I think that this most likely will be decided by BTC direction. If LONG, breaking up from 1.5318 would be good entry if you are into swing trading and first TP could be 1,264, since we have real chance to be rejected at least one more time... I would consider LONG mid term hold entry only if we break up from 1,264 (retest would be best and safest).
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