📊#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.
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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 עסקה סגורה: היעד הושג
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.
הערה
#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.
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
💎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👇
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.