Is ONDO bullish?
Updated
ONDO seems to be forming a diametric which is now in wave "C" of this diametric.
Wave "C" itself seems to be a diametric we are now in wave "d of C".
From the green area, we expect the "e of C" wave to hit and move towards the targets.
Closing a daily candle below the "invalidation level" will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Wave "C" itself seems to be a diametric we are now in wave "d of C".
From the green area, we expect the "e of C" wave to hit and move towards the targets.
Closing a daily candle below the "invalidation level" will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
After hitting the green area (rebuy zone), about 38% was pumped and TP 1 was hit
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