bear market just started for ONDO ?
Updated
ONDO / USDT
Price has lost the trendline that saved the price in bullish status for months
Daily /weekly close below that trendline will confirm the bearish view on HTF
invalidation: easy if comes back above it again
Best of wishes
Price has lost the trendline that saved the price in bullish status for months
Daily /weekly close below that trendline will confirm the bearish view on HTF
invalidation: easy if comes back above it again
Best of wishes
Note
Important note : For more safety
Wait the daily /weekly close to confirm bearish or bullish view
If the drop fully absorbed it can indicate potential bottom
If it rejects on retest the bearish view will confirm
Note
Update : price dropped 20% without any leverage
(We gained alot in a short trade)
Currently price is testing the trendline again
The next big move will depend on rejection or acceptance here
Note
Deep correction and about to reach first support area Note
Update :
Insane Dump
And 2nd support reached
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