OndoHeavy support confluence below us around that 618 yearly vwap with a large bullish breaker above that 127M.
Look for these levels to get some respect soon.
Not Ever Financial Advice.
ONDOUSDT trade ideas
ONDO PriceThe chart structure signifies the bullish momentum and displays a higher high sequence, revealing strong volume buying activity in the past sessions.
$ONDO Bullish Pennant on daily and weekly TF ! 🔥@everyone
Trading in a bullish pennant pattern involves recognizing the setup and then executing trades based on the pattern's characteristics. Here are three key points to consider:
### 1. Identify the Pattern
- **Formation**: A bullish pennant forms after a strong upward movement (flagpole), followed by a brief consolidation period with converging trendlines that create a small symmetrical triangle.
- **Volume**: The volume typically decreases during the consolidation phase and should increase upon breakout.
- **Duration**: This pattern usually develops over a period of one to three weeks.
### 2. Confirm the Breakout
- **Breakout Point**: Enter a trade when the price breaks above the upper trendline of the pennant with increased volume.
- **Validation**: Ensure the breakout is supported by higher trading volumes, which confirms the strength and likelihood of continuation.
- **Entry Strategy**: Place a buy order slightly above the breakout point to avoid false breakouts.
### 3. Manage the Trade
- **Target Price**: Estimate the target price by measuring the length of the flagpole (the initial price increase) and adding it to the breakout point.
- **Stop-Loss Order**: Place a stop-loss order below the lower trendline of the pennant to protect against downside risk.
- **Monitor**: Continuously monitor the trade, adjusting stop-loss levels to lock in profits as the price moves in your favor.
By following these steps, traders can effectively capitalize on the bullish pennant pattern and manage their risk appropriately.
ONDO - low time frame setupOn Ondo on the other hand we are looking for long setup on the lower time frame. It seems as ONDO is topping out on the lower time frame and even with other coins pushing ONDO has some problems following other alts. If the trendline is getting lost, as we anticipate, we could witness a quick sell off into the FVG 2H. We want to bid mid FVG with the support down below. Stop loss is right below the support zone and the target are the current wicks but it could continue even higher.
Ascending Triangke for ONDOONDO still in bullish mode. im making this outlook only to follow up the bullishness of ondo. (I wouldnt recommend taking long or short position from my setup)
ONDO on its way making ascending triangle which is a bullish formation.. from i make the chart until breakout estimated 5 days and 12 hours. (Until chart compressed in the end of the triangle)
invalidation is when :
1. Price 1D closing below red line ($ 1.31)
2. Candle 4h making solid breakdown :
. a. Breakdown retest and going downward
. b. Price break down with awful volume.
When the price breaking support triangle but does not meet the criteria above then i can say its only sweep low.
when invalidation confirmed i personally taking half of my profit and enter when price making reversal in 4h or 1d. Small probability making invalidation. But just in case.
#ONDO/USDT is trying to break the major resistance level PWH#ONDO/USDT is trying to break the major resistance level PWH $1.456 in 1-Hour TF!
If LSE:ONDO break this resistance level we can long it. In case of rejection, we can shorten it. The local support level is PMH $1.3335.
Ondo Will dominate this BullrunKeep an eye on this project whenever you see a dip in this accumulate asa much as you can.
All alts fall by 50% but this project was holding his price.
As of now you can see a good pattern if btc breaks 70k-71k range and hold the level this will shoot up
Target
1.5000
1.6000
You can hold this for bull run in spot
Ondo looking to complete the 5th wave soon.Ondo has respected micro support levels really well. Next target should be at least the 100% extension fib level of $1.55.
ONDO tries to breakout !ONDO / USDT
In LTF price is trying to breakout the mega phone pattern
If price will able to hold above resistance line in next few hours we can another bullish wave
Ondo Ready For $3 Price Action
The main trend shows a significant rise from a low of around $0.35 to reach over $1.20, with the price currently hovering around $1.24. The next major resistance based on the Fibonacci Extension is around $1.95 (1.618) and $2.80 (2.618).
The price formed an ascending triangle pattern before breaking out upwards, indicating bullish strength. The pattern is supported by the dynamic support line of the trendline and breakout at around $1.23.
Indicator
- The price is above the 21 EMA, indicating strong short-term bullish momentum.
The 21 EMA also acts as additional dynamic support, currently located around $1.05.
- Stochastic RSI is at a medium level, neither overbought nor oversold, which indicates that there is still room for further increases before a potential correction.
Price Target
Using Fibonacci Extension, the next upside targets are at level 1,618 (around $1.95) and level 2,618 (around $2.80). These targets are based on previous movements measured from the last breakout of ascending triangle.
Overall market sentiment is bullish with prices consistently making higher highs and higher lows, indicating investor confidence in price moves higher. In conclusion, the Ondo chart shows strong bullish potential.
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.
ONDOUSDT Expecting a pullbackThis is a new project and it's not that much mature yet but i'm expecting at least a 20% pullback to around 0.95 and i would dip my toe into it if that level holds
ONDO - TABO playONDO - Tabo play - 5/25/24
- TABO play
- Bounce play sa 1.236
- Buti naka pasok kase naiwan ako
ONDO Price ONDO token price trades at its ATH (All-Time-High) above $1 mark and looks extremely bullish.
ONDO | Breakout Attempt?Ondo has been consolidating here for ages but hasn't dropped like many other coins. I think it will move upwards, albeit slowly.
#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 Breakout and Retest on Daily TF, or just a FAKEOUITLSE:ONDO Daily Update 👀
Perfect Bullish Engulfing on the Daily timeframe. Breakout of the pattern and fast retest after that.
Looks too good to be true for me, also in retail patterns like this one, we open our long position inside of the triangle before the breakout. Because most of the time when we have the chance to retest the pattern it is more likely that the breakout was fakeout.
Declining Volume in a breakout is NOT a good sign for pottencial long.
Open interest is rising, so the trap is set. And last but not least, never trust the Monday price action!
Alikze »» ONDO | Trading range !!In time 12H, it is moving in an upward channel, which has had several positive reactions to the bottom of the channel or the dynamic trigger, which has caused the price to jump.
💎 Currently, it is suffering in a resistance and support area, which is currently in the middle of the channel, which can retest the resistance or supply area if it is supported in the first green box area.
💎 But if it breaks this range in dealing with this support, it can face further correction and this correction will continue until 0.58 and then the next node of the support zone.
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ONDO PriceONDO token showed consistent up move was witnessed and the token trades near the ATH trajectory.
#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🌴
