ONDO tries to breakout !ONDO / USDT
In LTF price is trying to breakout the mega phone pattern
If price will able to hold above resistance line in next few hours we can another bullish wave
ONDOUSDT.3S trade ideas
Ondo Ready For $3 Price Action
The main trend shows a significant rise from a low of around $0.35 to reach over $1.20, with the price currently hovering around $1.24. The next major resistance based on the Fibonacci Extension is around $1.95 (1.618) and $2.80 (2.618).
The price formed an ascending triangle pattern before breaking out upwards, indicating bullish strength. The pattern is supported by the dynamic support line of the trendline and breakout at around $1.23.
Indicator
- The price is above the 21 EMA, indicating strong short-term bullish momentum.
The 21 EMA also acts as additional dynamic support, currently located around $1.05.
- Stochastic RSI is at a medium level, neither overbought nor oversold, which indicates that there is still room for further increases before a potential correction.
Price Target
Using Fibonacci Extension, the next upside targets are at level 1,618 (around $1.95) and level 2,618 (around $2.80). These targets are based on previous movements measured from the last breakout of ascending triangle.
Overall market sentiment is bullish with prices consistently making higher highs and higher lows, indicating investor confidence in price moves higher. In conclusion, the Ondo chart shows strong bullish potential.
New King of RWA ---- ONDOThe RWA track is one of the most popular tracks in 2024. Especially after Trump expressed support for crypto and the approval of the ETH ETF. Traditional large asset management such as BlackRock and Franklin Templeton will pay more attention to this track. We also talked about token MKR, GFI, etc. in RWA track in our previous analysis. Today we take a look at the head protocol ONDO.
The entire RWA track has been developing slowly due to regulatory restrictions before. Market share is concentrated on MakerDAO. Since the BTC ETF was successfully approved at the beginning of this year, ONDO has quickly occupied mainstream chains such as Ethereum and Solana with its RWA products such as USDY and OUSG. In April, it reached a cooperation with BlackRock's BUIDL fund and holds a large number of BUIDL shares. This has a lot to do with ONDO's team composition. Different from traditional protocols, the core members in ONDO have working experience in traditional institutions such as Goldman Sachs, McKinsey, and BlackRock, which MakerDAO does not have.
Now that ETFs have been approved, more and more institutions are getting involved with crypto. They need an interest-bearing stablecoin with extremely high compliance and security. ONDO’s USDY meets the needs. Although MakerDAO occupies a large market share, ONDO is likely to surpass it and become the new king of RWA.
After a long period of fluctuation, bulls strengthened and ONDO started a new rise. As can be seen from the indicator area, at the 4h level, the TSB indicator prompted a BUY signal on May 21,, and then the pump started. If you used the TSB indicator and opened a long position, you would have made over 40% of unrealized profits. And the current column still remains above the wavy area, and the bullish trend is healthy.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ONDOUSDT Expecting a pullbackThis is a new project and it's not that much mature yet but i'm expecting at least a 20% pullback to around 0.95 and i would dip my toe into it if that level holds
ONDO - TABO playONDO - Tabo play - 5/25/24
- TABO play
- Bounce play sa 1.236
- Buti naka pasok kase naiwan ako
ONDO Price ONDO token price trades at its ATH (All-Time-High) above $1 mark and looks extremely bullish.
ONDO | Breakout Attempt?Ondo has been consolidating here for ages but hasn't dropped like many other coins. I think it will move upwards, albeit slowly.
#ONDO BREAKOUT THIS BULLISH PENNANT PATTERN!#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 HAS NEVER BROKEN THIS RESISTANCE | ATH SOON | LONGOndo Finance has never broken this bottom resistance in this multi-tier ascending channel I have been tracking. I admit, my chart is messy and complicated. I have been tracking many patterns here, but all of them are bullish.
ONDO has been resilient during this current Bitcoin crash and recovery. The price has continued trading in a range from the.60s to $1. Finally, it has stabilized in the.75–.90 range. The price is coming much closer to testing the bottom resistance line of the channel, which has never broken.
I am bullish on the price of ONDO, but it will depend on overall market sentiment. Whether up or down, I know for sure that a large move is coming. Wait for a bounce and confirmation to enter a long position or to buy a spot position. A breakout here would send us up to ATH's around 1.05.
$ONDO Breakout and Retest on Daily TF, or just a FAKEOUITLSE:ONDO Daily Update 👀
Perfect Bullish Engulfing on the Daily timeframe. Breakout of the pattern and fast retest after that.
Looks too good to be true for me, also in retail patterns like this one, we open our long position inside of the triangle before the breakout. Because most of the time when we have the chance to retest the pattern it is more likely that the breakout was fakeout.
Declining Volume in a breakout is NOT a good sign for pottencial long.
Open interest is rising, so the trap is set. And last but not least, never trust the Monday price action!
Alikze »» ONDO | Trading range !!In time 12H, it is moving in an upward channel, which has had several positive reactions to the bottom of the channel or the dynamic trigger, which has caused the price to jump.
💎 Currently, it is suffering in a resistance and support area, which is currently in the middle of the channel, which can retest the resistance or supply area if it is supported in the first green box area.
💎 But if it breaks this range in dealing with this support, it can face further correction and this correction will continue until 0.58 and then the next node of the support zone.
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ONDO PriceONDO token showed consistent up move was witnessed and the token trades near the ATH trajectory.
#ONDO/USDT Trade Setup! Entry, SL and Target!#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 slowly and always keep your leverage low.
This applies to every setup I share.
DYOR, NFA
Please hit the like button if you want me to post more.
Thank you
#PEACE
ONDO/USDT bullish Pennant expecting breakout? 👀🚀💎 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.
💎 Considering market volatility, should the price of LSE:ONDO lose momentum and break below the pennant's support, this could indicate a weakening of the bullish trend, potentially leading to a significant price decline.
MyCryptoParadise
iFeel the success🌴
The short rise of ONDOUSDTBased on technical analysis, price have been in continuation trend after repetition of the past pull backs and FVGs, caught this yesterday after Breakeven on GOLD
ONDO 120% potential?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.
ONDOUSDT, BULLRUN, RWAI continue to believe in this project and am sure that this rocket will fly very high!
ONDOUSDTONDOUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
#ONDO IS FORMING THIS BULLISH PENNANT PATTERN!#ONDO/USDT TRADE SETUP
ONDO is forming a bullish pennant pattern, indicating a potential breakout and subsequent rally. We anticipate a significant bounce of up to 70% to 100% following the breakout of this pattern.
Remember to conduct thorough research before making any trading decisions.
NFA
ONDO/USDT BULLISH STRUCTURE! READY TO PUMP 100% FROM HERE!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this ONDO/USDT Trade setup!
According to the chart, it is forming a bullish structure. Breakout is also done and currently, retesting it. Buy some here and add more in the dip.
Entry range:- $0.80-$0.84
Targets:- $0.98/$1.22/$1.44/$1.84
Stop Loss:- $0.73
What do you think about this? Share your views in the comment section.
Thank You!
$ONDO Finance on the way to +$1 SOON (must look)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 point of control in terms of volume, which also indicates a volatile move soon.
Set some alerts; we may see a large breakout soon, but wait for confirmation if you enter a long position.
ONDOOndo Finance is an open and decentralized investment bank. Ondo's core business is to serve and connect various stakeholders in the emerging DeFi ecosystem, including DAOs, institutional and retail companies.
Market cap 300M
TVL -187M and growing
Team
Former employees: google, spaceX, Tether, Bitfinex, Maker, Goldman Sachs, Bridgewater, Millenium.
Vesting
cryptorank.io
Investor Tops
Coinbase, Black Rock, DCG,Pantera Capital and other
Raised $46 mln
Conclusion:
Now actively partnering with blockchains - introduced SOL, INJ, ETH, Mantlee and other blockchains, have their own stablecoin, RWA Sector,
Investors are very cool, Team of professionals,
Capitalization is relatively small, a new project at the intersection of two of the most interesting industries Blockchain and Financial Market.
Best regards EXCAVO
