Ontology Gas (ONGBTC) really did a strong move on yesterday's candle, growing by 190% in a single day... Wow.
Ok, nevermind that... What does this mean?
For us traders, there is something we can learn from this and that is... That patience is key.
The peak price hit today by ONGBTC is the highest level since late July.
That is over 4 months (120+ days).
In one candle over 120 days of correction/bleeding was completely erased.
If you were holding this coin and sold anytime in the past 3-6 weeks... Ouch... Again, patience is key!
Namaste.