📊#ONDO Ascending Triangle🚀
🧠From a structural perspective, we've reached an overlapping resistance zone, so a pullback is possible. Therefore, chasing the price upwards here is not recommended. However, there's a larger bullish structure on the daily chart, so blindly going short is not advisable. The best approach is to wait for a price pullback before looking for long trading opportunities; this will maximize the risk-reward ratio and win rate.
➡️If a pullback doesn't occur in the short term, and the price continues to consolidate sideways, then you can look for bullish signals on smaller timeframes (note: only try with small positions).
➡️The next short-term resistance level to watch is around 0.355, a stronger resistance level is around 0.393, and an extreme resistance level is around 0.5712.
🤜Follow me, and I'll guide you through market changes. Remember to like💖 and share💬
ONDOUSDT.P
🧠From a structural perspective, we've reached an overlapping resistance zone, so a pullback is possible. Therefore, chasing the price upwards here is not recommended. However, there's a larger bullish structure on the daily chart, so blindly going short is not advisable. The best approach is to wait for a price pullback before looking for long trading opportunities; this will maximize the risk-reward ratio and win rate.
➡️If a pullback doesn't occur in the short term, and the price continues to consolidate sideways, then you can look for bullish signals on smaller timeframes (note: only try with small positions).
➡️The next short-term resistance level to watch is around 0.355, a stronger resistance level is around 0.393, and an extreme resistance level is around 0.5712.
🤜Follow me, and I'll guide you through market changes. Remember to like💖 and share💬
ONDOUSDT.P Trade geschlossen: Ziel wurde erreicht
The price has reached the resistance level near 0.355.
There are still opportunities to look for long positions until the next resistance level of 0.393 is reached.
Anmerkung
#ONDO Target Zone Reached✔️
From a structural perspective, we have reached the daily bullish target zone. If you participated in short-term trading, you can choose to take profits here, as a daily-level correction may occur.
If you want to expect more profits, please set a risk-free position, or try with only a small position and wait for the extreme resistance level to be reached.
💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.