📊#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 Đóng lệnh: đạt mục tiêu
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.
Ghi chú
#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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💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
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🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
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🔗 Binance 👉O3D948JZ👇
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.