Nice confluence on ONDO.
We broke market structure when price went above the previous top made on the 20th of Aug. That means we're now looking to go long when a retracement happens.
Specifically, we're looking for a retracement into the following zone of confluences:
A dip into this area would potentially provide a great long opportunity. Set your alert and chill!⏰
We broke market structure when price went above the previous top made on the 20th of Aug. That means we're now looking to go long when a retracement happens.
Specifically, we're looking for a retracement into the following zone of confluences:
- previous range support (green box)
- fibonacci golden pocket (yellow box)
- weekly VWAP (orange line)
- SMA 200 (blue line)
A dip into this area would potentially provide a great long opportunity. Set your alert and chill!⏰
Note
As price moved further upwards, the confluence zone changed. I'm currently interested in a drop towards the:* sma 500
* vwap weekly
* fibonacci golden pocket
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.