ONDO appears to have completed a leading diagonal for wave 1 after finding a bottom at the major support high volume node (HVN).
Wave 2 has retraced to the expected alt coin Golden Pocket at the 78.6% retracement tapping high volume node.
The descending resistance line has been tested as support leaving a dragonfly doji but does not look strong enough to be the bottom yet.
Wave 3 should be a powerful move up.
This analysis is invalidated below macro wave 2 -$0.65
Safe trading
Wave 2 has retraced to the expected alt coin Golden Pocket at the 78.6% retracement tapping high volume node.
The descending resistance line has been tested as support leaving a dragonfly doji but does not look strong enough to be the bottom yet.
Wave 3 should be a powerful move up.
This analysis is invalidated below macro wave 2 -$0.65
Safe trading
MSc Financial Economist, Studying PhD in Investing and Social Mood, Technical Analyst 6+ years, Investor 13+ years
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
MSc Financial Economist, Studying PhD in Investing and Social Mood, Technical Analyst 6+ years, Investor 13+ years
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.