Hello traders,
ONDO recently broke above the resistance and is gearing up for another potential rally. Previously, when ONDO broke above the resistance, it rallied 260%, and currently, we can see a similar move taking place.
Accumulating ONDO between $0.70 and CMP can be considered.
Do your own research before investing.
#ONDO Breakout this bullish pennant pattern and currently retesting the support, and then we can expect a potential rally. Technically, as per the pattern, we can expect almost a 150% rally.
Entry: CMP and add more up to $0.848
SL: $0.77
DYOR, NFA
#Crypto LSE:ONDO
#ONDO is breaking out on the daily chart! A retest is likely, targeting the yellow box.
Best entry: $0.75 to $0.85
Aggressive entry: $0.85 to $0.96
Target: 50% to 100%
Stop Loss: $0.6811 (Since the SL is significantly lower than the current market price, keep your position small and consider adding more on dips if you like the setup.)
The strategy is to enter...
💎 Paradisers, take note: #ONDOUSDT is currently trading within a bullish pennant pattern, suggesting a high probability of an upward breakout.
💎 Currently, #ONDO is testing the resistance of the pennant. If the price successfully breaks out and sustains momentum, there's a strong likelihood of a robust upward move targeting our predetermined resistance levels.
💎...
I want to remind you how market volatility works, from decreasing volatility to sudden increases. ONDO is consolidating into a triangle, and volatility is decreasing. Be prepared for an impulse, especially if the market shows strength; ONDO could easily show 100-120% growth. Keep an eye on it. Currently it is one of the strongest asset in the market.
ONDO is looking bullish in every single time frame. It has also formed multiple bullish patterns, such as a holding and upward channel, a triple bottom, and a possible bullish megaphone pattern. If a full breakout is complete, we will see a +$1 again very soon.
The price is testing the upper resistance in the megaphone. It is also currently sitting right on the...
Took a long on ONDO here @ CMP (0.791) as it’s holding this range well and imo breaks to the upside soon.
DCA at the 0.7 daily level,
SL a 4H close under 0.625-0.613,
TPs in WHITE.
ONDO is showing a good pattern here, and i expect a pump as soon as it will be able to flip the resistance area at $1.05 into support. My main target for the next weeks is $1.6, where the price could perform a pullback into the previously mentioned area
