By moon333 on Skatehive
Hi folks hope you are good and welcome to the new update on Ontology Gas Token. This token has surged more than 430%. We will try to understand how this token completed the bullish set up before making this powerful bullish move and how the price can behave next. A big bullish Butterfly setup: On 7th January 2020 I posted an article on tradingview and you can see that I predicted that the price action of Ontology Gas token has completed a bullish Butterfly and entered in the potential reversal zone. When I published my post the price action already had hit just a spike in the PRZ level and it was moving above the potential reversal zone area. In the first week of Jan 2020 the price action started moving up and produced more than 215% gains and again dropped in the potential reversal zone. Then again in the first week of April the price action started the next bullish rally and produced more than 430% bullish rally. Bullish butterfly idea before execution: Bullish butterfly idea after e