ONDOUSDT
ONDOONDO / USDT
ONDO one of few coins that showed strength in current boring / bearish season
Its being accumulated in falling wedge and above MA / bullish trendline since long time
As long as these bullish patterns are holding priority is bullish
The best approach for buying it if market give us another dip towards the trendline then a bullish bounce with easy invalidation at that point or after breakout confirmation of the falling wedge overall looks bullish
ONDO looks bearishWe have a bear CH on the chart. The price then moved back up and swept the sell orders.
It seems that now the price can be rejected towards the lower areas.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
The key is whether there is support near 1.3627Hello, traders.
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The key is whether there is support near 1.3627.
We need to check whether it can rise along the short-term rising channel after passing around June 15-21 (maximum June 14-22).
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If it fails to rise above 1.3627, we need to check how it moves after passing the trend reversal channel.
Be careful when trading because the trend reversal channel can fluctuate greatly.
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If it falls below the Fibonacci ratio of 0.5 (1.1109) ~ 0.618 (1.2093), it is expected to turn into a downtrend.
At this time, we need to check whether there is support near 0.9010.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will start when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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How to understand the current market⚙️ Guide to Understanding My Recent Posts
Market Overview:
- Coins with Recent Runs: Coins that have had a nice run are now making lower highs on the macro charts and are tanking now.
- Coins Holding Strong: Coins that didn't have a significant run are holding strong in their accumulation phases.
Specific Insights:
- #BTC is stable, but #ETH looks even better. Capital rotation is underway.
- I am not bearish on the market overall. My posts might show a bullish ETH chart and bearish short-term charts for RNDR, ONDO, and some others. This doesn't mean these coins are dying; rather, they are correcting after their significant runs.
- Many altcoins look bullish, meaning they are good for accumulation. Conversely, some look bearish, indicating that one might wait for lower levels to accumulate or start DCA from current levels to 30% lower. Many altcoins are out there screaming for a pump.
- The market has been moving selectively from the start. Some coins will cool off while others are ready to heat up. It's the key to understanding the market dynamics. I hope this clarifies something.
Now, we are moving to ONDO as an example.
Marked zones are areas where you can accumulate. In a bull market, we should buy at support levels. The first one is done.
New King of RWA ---- ONDOThe RWA track is one of the most popular tracks in 2024. Especially after Trump expressed support for crypto and the approval of the ETH ETF. Traditional large asset management such as BlackRock and Franklin Templeton will pay more attention to this track. We also talked about token MKR, GFI, etc. in RWA track in our previous analysis. Today we take a look at the head protocol ONDO.
The entire RWA track has been developing slowly due to regulatory restrictions before. Market share is concentrated on MakerDAO. Since the BTC ETF was successfully approved at the beginning of this year, ONDO has quickly occupied mainstream chains such as Ethereum and Solana with its RWA products such as USDY and OUSG. In April, it reached a cooperation with BlackRock's BUIDL fund and holds a large number of BUIDL shares. This has a lot to do with ONDO's team composition. Different from traditional protocols, the core members in ONDO have working experience in traditional institutions such as Goldman Sachs, McKinsey, and BlackRock, which MakerDAO does not have.
Now that ETFs have been approved, more and more institutions are getting involved with crypto. They need an interest-bearing stablecoin with extremely high compliance and security. ONDO’s USDY meets the needs. Although MakerDAO occupies a large market share, ONDO is likely to surpass it and become the new king of RWA.
After a long period of fluctuation, bulls strengthened and ONDO started a new rise. As can be seen from the indicator area, at the 4h level, the TSB indicator prompted a BUY signal on May 21,, and then the pump started. If you used the TSB indicator and opened a long position, you would have made over 40% of unrealized profits. And the current column still remains above the wavy area, and the bullish trend is healthy.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ONDO long-term trade setup.Hello traders,
ONDO recently broke above the resistance and is gearing up for another potential rally. Previously, when ONDO broke above the resistance, it rallied 260%, and currently, we can see a similar move taking place.
Accumulating ONDO between $0.70 and CMP can be considered.
Do your own research before investing.
#ONDO BREAKOUT THIS BULLISH PENNANT PATTERN!#ONDO Breakout this bullish pennant pattern and currently retesting the support, and then we can expect a potential rally. Technically, as per the pattern, we can expect almost a 150% rally.
Entry: CMP and add more up to $0.848
SL: $0.77
DYOR, NFA
#Crypto LSE:ONDO
$ONDO HAS NEVER BROKEN THIS RESISTANCE | ATH SOON | LONGOndo Finance has never broken this bottom resistance in this multi-tier ascending channel I have been tracking. I admit, my chart is messy and complicated. I have been tracking many patterns here, but all of them are bullish.
ONDO has been resilient during this current Bitcoin crash and recovery. The price has continued trading in a range from the.60s to $1. Finally, it has stabilized in the.75–.90 range. The price is coming much closer to testing the bottom resistance line of the channel, which has never broken.
I am bullish on the price of ONDO, but it will depend on overall market sentiment. Whether up or down, I know for sure that a large move is coming. Wait for a bounce and confirmation to enter a long position or to buy a spot position. A breakout here would send us up to ATH's around 1.05.
#ONDO/USDT Trade Setup! Entry, SL and Target!#ONDO is breaking out on the daily chart! A retest is likely, targeting the yellow box.
Best entry: $0.75 to $0.85
Aggressive entry: $0.85 to $0.96
Target: 50% to 100%
Stop Loss: $0.6811 (Since the SL is significantly lower than the current market price, keep your position small and consider adding more on dips if you like the setup.)
The strategy is to enter slowly and always keep your leverage low.
This applies to every setup I share.
DYOR, NFA
Please hit the like button if you want me to post more.
Thank you
#PEACE
ONDO/USDT bullish Pennant expecting breakout? 👀🚀💎 Paradisers, take note: #ONDOUSDT is currently trading within a bullish pennant pattern, suggesting a high probability of an upward breakout.
💎 Currently, #ONDO is testing the resistance of the pennant. If the price successfully breaks out and sustains momentum, there's a strong likelihood of a robust upward move targeting our predetermined resistance levels.
💎 Considering market volatility, should the price of LSE:ONDO lose momentum and break below the pennant's support, this could indicate a weakening of the bullish trend, potentially leading to a significant price decline.
MyCryptoParadise
iFeel the success🌴
ONDO 120% potential?I want to remind you how market volatility works, from decreasing volatility to sudden increases. ONDO is consolidating into a triangle, and volatility is decreasing. Be prepared for an impulse, especially if the market shows strength; ONDO could easily show 100-120% growth. Keep an eye on it. Currently it is one of the strongest asset in the market.
#ONDO IS FORMING THIS BULLISH PENNANT PATTERN!#ONDO/USDT TRADE SETUP
ONDO is forming a bullish pennant pattern, indicating a potential breakout and subsequent rally. We anticipate a significant bounce of up to 70% to 100% following the breakout of this pattern.
Remember to conduct thorough research before making any trading decisions.
NFA
ONDO/USDT BULLISH STRUCTURE! READY TO PUMP 100% FROM HERE!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this ONDO/USDT Trade setup!
According to the chart, it is forming a bullish structure. Breakout is also done and currently, retesting it. Buy some here and add more in the dip.
Entry range:- $0.80-$0.84
Targets:- $0.98/$1.22/$1.44/$1.84
Stop Loss:- $0.73
What do you think about this? Share your views in the comment section.
Thank You!
$ONDO Finance on the way to +$1 SOON (must look)ONDO is looking bullish in every single time frame. It has also formed multiple bullish patterns, such as a holding and upward channel, a triple bottom, and a possible bullish megaphone pattern. If a full breakout is complete, we will see a +$1 again very soon.
The price is testing the upper resistance in the megaphone. It is also currently sitting right on the point of control in terms of volume, which also indicates a volatile move soon.
Set some alerts; we may see a large breakout soon, but wait for confirmation if you enter a long position.
Real World Assets (RWA) : The Future of Finance or Hype !?The cryptocurrency market has evolved significantly over the past decade, moving beyond its initial focus on digital currencies to encompass a broader range of assets, including real-world assets (RWAs). RWAs represent tangible assets such as real estate, commodities, and financial instruments that are tokenized and traded on the blockchain. The integration of RWAs into the crypto ecosystem offers a multitude of benefits, including:
Enhanced Access to Financial Markets: RWAs democratize access to traditional financial markets, enabling individuals and institutions to participate in asset classes that were previously inaccessible or illiquid.
Increased Transparency and Efficiency: Blockchain technology provides a transparent and immutable record of asset ownership and transactions, reducing counterparty risk and improving operational efficiency.
Fractional Ownership and Reduced Investment Barriers: Tokenization of RWAs allows for fractional ownership, lowering investment barriers and enabling broader participation in asset classes that were traditionally reserved for high-net-worth individuals.
Diversification and Risk Mitigation: RWAs introduce diversification opportunities into crypto portfolios, potentially reducing overall portfolio risk and enhancing risk-adjusted returns.
Top 5 RWA Coins with Promising Potential:
LINK: Chainlink (LINK) is a decentralized oracle network that connects blockchains to real-world data and services. It plays a crucial role in bridging the gap between the crypto and traditional worlds, enabling the development of RWA-based applications.
Technical Analysis: LINK's weekly chart exhibits a massive range consolidation pattern, suggesting a period of accumulation. A recent liquidity sweep below the range followed by a surge in price indicates a potential breakout. The current price action near the $12 support level could trigger another upward move.
PENDLE: Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to create customized fixed-rate or yield-bearing tokens for any asset. It facilitates the creation of RWA-based derivatives, expanding the range of investment options available in the crypto space.
Technical Analysis: PENDLE's daily chart showcases an ascending channel pattern with a recent breakout and retest of the upper trendline. This bullish pattern, combined with the coin's relatively new status in the market, suggests strong upside potential. A price target of $12 appears achievable.
MKR: Maker (MKR) is the governance token of the MakerDAO decentralized stablecoin platform. It plays a central role in maintaining the stability of the DAI stablecoin, which is often used as a collateral for RWA-backed loans.
Technical Analysis: MKR's daily chart displays a liquidity sweep below the 1800-1900 support range followed by a surge to $3400. The recent pullback and retest of the 0.5 daily imbalance level at $2500 presents an opportunity for a potential rally to $5000, aiming to fill the imbalance gap.
SNX: Synthetix (SNX) is a DeFi protocol that enables the creation of synthetic assets, including those pegged to RWAs. It offers a decentralized alternative to traditional asset trading, expanding access to a wider range of assets.
Technical Analysis: SNX's weekly chart exhibits a large triangle pattern, indicating a period of price consolidation and building tension. The recent breakout and retest of the trendline signal a bullish trend. A price target of $7 appears feasible if the trendline support holds.
ONDO: Ondo Finance (ONDO) is a DeFi protocol that focuses on structured products and options trading. It utilizes real-world market data to create innovative financial instruments, enabling users to hedge against risks and speculate on market movements.
Technical Analysis: ONDO's daily chart displays an ascending trend with consistent retests and positive momentum. The coin's ability to efficiently utilize liquidity is evident in its price action. Continued accumulation of liquidity could propel ONDO to new highs.
Conclusion:
Real-world assets (RWAs) are poised to revolutionize the cryptocurrency market, introducing new investment opportunities, enhancing financial inclusion, and bridging the gap between traditional and decentralized finance. The top 5 RWA coins discussed in this article – LINK, PENDLE, MKR, SNX, and ONDO – represent promising projects with the potential to shape the future of RWAs in the crypto ecosystem. As the adoption of RWAs continues to grow, these coins are well-positioned to capture significant value in the evolving financial landscape.
ONDO Finance and BlackRock: Pioneering Stability in DeFiUnpacking the Surge in ONDO's Value: Insights into the BlackRock and USDY Dynamics
🚀 Strategic Alliance with BlackRock
ONDO Finance's collaboration with BlackRock through the USD Institutional Digital Liquidity Fund to back its OUSG token is a landmark in the convergence of traditional finance and decentralized finance (DeFi). This partnership not only enhances ONDO's credibility but also its stability, by integrating real-world financial mechanisms into the blockchain.
Why is This Partnership Significant?
Real-World Assets (RWA) : The core of this collaboration involves tokenizing real-world assets (RWAs), which brings a tangible and stable asset base into the DeFi ecosystem. This integration is critical as it provides a stable collateral base for ONDO’s tokens, particularly the USDY - a yield-bearing stablecoin alternative.
Institutional Trust and Security : BlackRock's reputation and regulatory experience lend substantial trust and an added layer of security to ONDO’s offerings, making them attractive to more conservative institutional investors.
🌐 Impact on Market Value
The BlackRock partnership has been instrumental in driving up the price of ONDO tokens, with the market reacting positively to the increased security and potential for higher liquidity offered by backed stablecoin alternatives like USDY. Here’s how it adds value:
Enhanced Liquidity and Stability : By backing tokens with US treasuries and other traditional assets, the partnership mitigates typical cryptocurrency risks such as volatility and liquidity crunches.
Market Expansion : The use of RWAs opens up cryptocurrency investments to a segment of investors who prefer assets that have a real-world linkage, thus broadening the market base.
📊 Rationale Behind the Rising Prices
Incorporating BlackRock’s liquidity fund not only stabilizes ONDO's financial products but also enhances their appeal:
Trust in RWAs : Investors are more inclined to trust and invest in products that are backed by real-world assets, which promise steadier returns and lower volatility compared to traditional cryptocurrencies.
Regulatory Advantage : Collaboration with an established financial entity like BlackRock may ease regulatory pressures commonly faced in the DeFi space, making ONDO’s offerings more palatable to global investors.
Forward Outlook
This strategic move is set to redefine the boundaries between traditional finance and DeFi. The inclusion of USDY and its backing through RWAs provides a replicable model for future financial products in the cryptocurrency world that could attract further institutional involvement.
Stay tuned for more updates as ONDO leverages this innovative approach to enhance the stability, trustworthiness, and functionality of its ecosystem. This partnership with BlackRock not only bolsters ONDO's market position but also sets a precedent for the integration of real-world assets in blockchain technologies.
This pivotal development is not merely a boost for ONDO but signals a potential shift for broader financial markets towards integrating more seamlessly with the burgeoning DeFi sector.