ONG.X Crypto Tickeron detected bearish Crypto Pattern: Triangle Descending on February 04, 2024

Triangle Descending
ONG.X - Ontology Gas cryptocurrency
Emerged: 02/04/24
Confirmed: 02/05/24
Breakout: $0.301133
Price: $0.305488
Target price: $0.283967
A.I.dvisor detected a bearish Triangle Descending pattern for ONG.X stock. This pattern was detected on February 04, 2024 and confirmed on February 05, 2024 . The odds of reaching the target price are 7. The Descending Triangle pattern has a horizontal bottom (1, 3, 5) which represents the support level, and a down-sloping top line (2, 4). Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
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