ONDO appears to have completed wave 2 with WXY complex correction ending at the major High Volume Node support just above the golden pocket.Weekly RSi has printed bullish divergence but is not yet confirmed. A dip into the wick and High Volume Node is to be expected before high but may not get there.
Wave (3) has an initial target of the R2 weekly pivot at $3.18, a strong move from here. $1.22 weekly pivot and High Volume Node will put up a fight.
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🎓 PhD Econ: Market Psychology
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📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
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🎓 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.