bear market just started for ONDO ?

2024年7月5日

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

2024年7月5日

註釋

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

2024年7月11日

註釋

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

2024年8月2日

註釋

Deep correction and about to reach first support area

2024年8月5日

註釋

Update :
Insane Dump
And 2nd support reached