ONDO🎯Price printed a 3 white knight bullish engulfing pattern, jumping above the daily pivot and the descending resistance trend-line. Price must get above $0.5 to negate the bearish divergence that has emerged. Wave 1 of a new uptrend appears to be underway.
📈 Daily RSI tapped oversold with bullish divergence, where it caught a bid.
👉 Analysis is invalidated below the swing low, $0.35
Safe trading
🎓 PhD Econ: Market Psychology
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎓 PhD Econ: Market Psychology
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.