ONDO/USDT Bullish Setup: Time to Buy for 100% Profit! Hey everyone!
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ONDO is looking strong right now! It just broke out of a falling wedge pattern on the daily time frame and is currently retesting the breakout level. This could be an ideal opportunity to buy and accumulate on dips, with potential for a 100% gain!
Entry Range: Current price and add more up to $0.70
Target: 100% - 120%
Stop-Loss: $0.60
What’s your take on ONDO's price action? I’m seeing a solid bullish setup here. Share your thoughts and analysis in the comments below!
Falllingwedge
[NEARUSDT] - on the verge of breakoutthe falling wedge pattern in consolidation in daily chart.
in the green circle that i highlighte u can see the price action in fibbonaci levels.
always breakout with huge green candle... that happen twice in (0.5 ,0.618).
now we waiting for a breakout the upper side of falling wedge...that will make our next target is 10$
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SCHW Price Action AnalysisAfter a great rally on SCHW today, we are moving into the close with a bull flag that is nearing the bullish trendline and the 20 Exponential Moving Average (EMA).
Still holding my position from the open today with a trailing stop. Expecting another leg up from this flag if we see a good breakout tomorrow.
Hoping to see a nice 4R trade from this swing.
COTIBTC Falling Wedge| Low Volume | Retest of lows Evening Traders,
Today’s Technical Analysis will focus on COTIBTC, trading in a probable falling wedge looking to retest local lows.
Points to consider,
- Trend bearish
- Lower lows likely
- RSI showing signs of divergence
- Stochastics neutral
- Volume Clearly declining
COTI’s trend has put in consecutive lower highs after breaking the all-important 21 EMA. A lower low is likely as this will test structural support.
The RSI is putting in higher lows, will eventually form into a bullish divergence upon a retest of lows (green area). Stochastics is currently neutral with momentum stored in both directions.
Volume nodes are clearly declining; this signals a move being imminent in the near future.
Overall, in my opinion, COTI is likely to retrace back to local lows for a retest, which will put in a bullish divergence, increasing the probability of breaking bullish from this pattern formation.
What are your thoughts?
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And remember,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone