ONDO - Dive In or Face Regret!
Updated
I've been waiting for this chance since the massive drop on August 5th.
It's a straightforward retest to validate that wick. If the bulls fail here, I see a strong possibility of reaching 40c later this month.
Not sure if the narrative for RWAs is still active, but it’s worth trying out!
It's a straightforward retest to validate that wick. If the bulls fail here, I see a strong possibility of reaching 40c later this month.
Not sure if the narrative for RWAs is still active, but it’s worth trying out!
Trade active
Very slow. It’s still at the same price, but what else can we expect? The whole market is anemic.
Today will determine this, just like #Bitcoin.
I’ll hold the position for now.
Trade active
Trade Finally Moving in the Right Direction
After some waiting, the trade is now moving as anticipated. I’ve been waiting for the entry since the August low, so a month of patience for the right entry point makes a week of observing movement from that entry seem manageable.
Currently, we’re trading at the first FTA (First Trouble Area). I’m looking for a breakout above this level for additional confirmation of strength.
Trade active
Everything is looking good so far.
It's moving a bit slower than usual, but it's in profit. We might see a retest down to confirm the flip of resistance before targeting that first take profit.
Trade active
First TP.
Might see the retrace here before the next TP.
Happy with this one. Think I was able to follow the price projection perfectly
Trade active
Expecting this level to hold.
If it trades a bit lower I can see a deviation form before reclaiming and aiming for the second target.
Trade active
I think the deviation play is shaping up nicely. Once it reclaims 0.74, this one is set to fire up strongly, so be ready for that!
I've marked the Rompe=Muerte level as the pivotal "death zone." If we drop below that, it could invalidate the trade.
This one has definitely been one of the slower plays so far. I might have to consider moving into PROPC or
RIO, haha! Stay sharp!
Note
I really want to cut this one. RWAs are still lagging far behind #memes and #ai.
I’ll consider completely exiting by the end of next week if it’s still stagnant.
I’m sure it will start making multiple x's the moment I exit!
Note
Macro level. Will keep the trade as long as it stays above this zone
Note
We good. This should move away from the weekly zone!
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