Ondo Eyes $0.80 After Failing to Breach $0.95 ResistanceOndo (ONDOUSDT) on the 4-hour timeframe suggests a potential pullback towards $0.80. This comes after the token repeatedly failed to surpass the crucial resistance level of $0.95.
The pullback to $0.80 could be a healthy correction before another attempt to break above $0.95. However, a breakdown below $0.80 could signal further weakness and a possible decline towards even lower support levels.
Key Technical Indicators:
Resistance: $0.95
Potential Pullback Target: $0.80
Breakdown Level: Below $0.80
ONDOUSDT trade ideas
Ondo/usdt respecting the trendline The Ondo/USDT market seems poised for a trendline breakout in the near future. An expected bullish move of 100% to 150% is anticipated, with a target price of $1 in the mid-term. It is important to note that this information is provided for educational purposes only and should not be considered financial advice.
ONDO TO $1billion mcap 1 minute ago
Ondo Finance is a Real World Asset that is tokenizing Assets like US treasuries and has $100 million + of tokenized Assets.
Institution Grade finance now Onchain and they comply by all regulations
Products include
USDY, - Backed by US Treasuries, you can earn US Dollar yield
OUSG - Tokenized US Treasuries: allows you to earn US Treasuries ONchain
OMMF - US Money Markets
Larry set the fire on Tokenization on recent interview and ONDO is going to leading and take a major share of that
Still early
Rise in ONDOUSDT: Strong Buying Signals ObservedONDOUSDT has experienced a rise within the timeframe. The moving averages demonstrate a strong buying signal, while some oscillators show a neutral stance with a few indicating a bullish sentiment. Traders and investors may consider entering a long position or maintaining a positive outlook on ONDOUSDT based on this analysis. However, it is important to note that further analysis and consideration of other factors such as market trends, news, and risk management strategies, are essential before making any trading decisions.
ONDO Signals Green: Buy Now, Thank Me Later!Ondo (ONDO) Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals
Ondo Finance aims to bridge the gap between DeFi (decentralized finance) and traditional finance by offering institutional-grade financial products on the blockchain.
These products include tokenized versions of real-world assets (RWAs) like US treasuries, equities, bonds, and derivatives.
Ondo's platform facilitates investment opportunities for DAOs (decentralized autonomous organizations), institutions, and retail investors.
The ONDO token serves several purposes:
Governance: Holders can influence decisions within the Ondo DAO and Flux Finance protocol.
Operational Roles: Plays a role in developing and managing tokenized financial products.
Supporting DeFi: Promotes the growth of independent DeFi protocols.
Recent News (as of March 20, 2024)
The price of ONDO has experienced some volatility recently. There are conflicting reports, with some sources showing a rise in the last 24 hours and others indicating a decline.
You can find more up-to-date pricing information on cryptocurrency exchanges like Binance, Coinbase, and KuCoin.
Disclaimer
I am not a financial advisor and this is not financial advice. Investing in cryptocurrency involves a high degree of risk. Do your own research before making any investment decisions.
ONDO buy setupIn the upper part of the chart, we have a liquidity pool that has been swept (I have marked it with a yellow circle). Now there is another liquidity pool at the bottom of the chart that price is trying to sweep.
We have a good support zone which is the rebuy zone.
The targets are clear on the chart
Closing a 4-hour candle below 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
Time to load more ONDOIt has been a good rally for ONDO.. but obviously ONDO is tired and need more pullback.. watch daily close on ONDO.. if trendline break we still have a good s/r in yellow box.. and if its break (im sure it is in short mid term).. I expect ONDO is following the blue line.. time to load more.. ONDO is backed with BLACKROCK.. :)
#ONDO/USDT#ONDO
The price is moving in a triangle pattern on a 4-hour frame
We now have a reliable uptrend in blue that has been touched
We have buying momentum on the MACD indicator
It is expected to touch the trend before rising
Entry price is 0.2430
The first target is 0.2643
The second target is 0.2931
The third goal is 0.3218
ONDO After Last Successfull trade Here is The Next Entry## ONDO Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **ONDO Finance:** A decentralized finance (DeFi) platform focused on real-world asset tokenization.
* **Launched:** November 2021.
* **Market Cap:** ~$12 million (as of Feb 23, 2024).
* **Rank:** #782 on CoinGecko.
* **Unique Features:**
* **Tokenizes real-world assets:** Allows users to invest in tokenized versions of real estate, commodities, and other assets.
* **Fractional ownership:** Enables fractional ownership of these assets, making them more accessible to a wider audience.
* **Compliance focus:** Aims to comply with regulations and bridge the gap between traditional finance and DeFi.
**Recent News:**
* **Feb 21, 2024:** ONDO announces partnership with Chainlink to secure its oracle network.
* **Feb 14, 2024:** ONDO launches beta version of its real estate tokenization platform.
* **Feb 7, 2024:** ONDO raises $5 million in seed funding round.
* **Jan 30, 2024:** ONDO announces strategic partnership with a major Swiss bank (name undisclosed).
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* ONDO is a relatively new project with limited market cap and trading volume.
* The recent news highlights its focus on partnerships and product development.
* It's essential to be aware of the high risks involved in early-stage cryptocurrency projects before investing.
I hope this information is helpful! Please let me know if you have any other questions.
Is ONDO bullish?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
ONDO target 4h time frame
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ONDO is consolidating since hitting 0.47, but does not make apparent trend of continuation structure, only show a potential rising wedge. ONDO is just retesting the support from uptrend, that is an opportunity to open long here; however, considering the resistance from potential wedge, need to be careful of 0.488. Also, because ONDO has high potential in next bull run, I provide second plan to enter ONDO if the first one got SL.
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1st plan
TP: 0.53
SL: 0.378
2nd plan
entry: 0.35~0.36
TP: 0.53
SL: 0.33
ONDO Spot Long IdeaRationale: ONDO has been one of the cleanest markets to trade as of late. Oracle / RWA narrative has been consistent and should continue through this cycle. Although we not get this pullback, I want to have bids set as I feel it needs to occur at some point for continuation (up) to occur. The price objective from a market markers PoV is to take out the lows from earlier this week (highlighted in purple) after price had leveled up out of its prior consolidation area (0.3-.34).
Details:
Trade Vehicle: Spot (no leverage)
Trade Type: Swing (Holding for one day +)
Entry: 0.375 - 0.355
Stop Loss: A 1 Hour candle close below 0.31
Take Profit Levels: TBD
Macro Considerations:
Trading on the weekend is more risky as there is less participants (liquidity) and can create bigger moves, hence the reason to pass on a leveraged trade. BTC is also in a state of indecision where the current expectation (general sentiment) is for a move down to $48-46k).
ONDO Possible Moves#ONDO Big Picture
in my opinion ONDO has a huge way in front of it, i may be wrong but on my Analysis it has the Chance to touch 1.40$ in the coming weeks (if BTC plays also well)
Time will tell us but also take a look at the Top Line, should this Line break out and makes a Retest than it will start pumping more.
Cheers
Do you know ONDO?Over here we trade everything...
Based on the chart, the price looks amazing though no lies.
Its a whole impulse and correction, we just completed wave 1 and 2 cycles, so we still have 3 wave cycles to come before a massive correction can happen, we need wave 3, 4 and 5.
Wave 3 has 5 wave cycle, wave 4 has 3 wave cycles and wave 5 has 5 waves cycles. so we still have a long way to go before anything major can happen.
This is all base on the chart.
No financial advice...
ONDO Finance Perfect Buy Opportunity For New HighsWelcome to NewWave Traders,
If you enjoy the charts boost them and follow for more! I'll give you some goodies for the 2024 bull market and keep the analysis clear and simple.
In ONDO I'm looking for a break to the upside and continuation of the bullish trend.
We are at an inflection point and the invalidation for the bulls is if we retrace under 0.3325
Probability shifts to the bears at this point for the red ABC pattern to the bullish Order Block at 0.2885.
This gives us a clean calculation to manage our risk for this overall trade.
The target is .40 giving us a 1:6 risk vs reward ratio. Meaning if we risk losing $100 on this trade we can make $600 roughly. Said another way if we risk 1% of account size we can make roughly 6% on account size minus transaction fees.
Follow for the next altcoin moves. I'll be following the DePIN, GAMING, AI and ETH L2 Narratives for this bull market and will provide all the alpha to make the best gains in this next cycle of crypto. There will be losses along the way. This is not financial advice and please manage your risk accordingly.
๐ Ondo/USDT Gem Coin Analysis ๐๐ On the 4-hour time-frame chart, the Ondo/USDT pair has formed a Triangle pattern, indicating a potential bullish move. Exciting times ahead! ๐๐
๐ Technical analysis suggests a breakout could be imminent, further supporting our bullish outlook. ๐๐
โ ๏ธ Disclaimer: This is not financial advice, but rather an observation on the market trend. Always do your own research before making any investment decisions. ๐ผ๐ผ
Let's wait and see how the price action unfolds! Stay tuned for updates on this promising opportunity! ๐โจ
ONDO ANALYSIS๐ฎ #ONDO Analysis ๐๐
๐ฒ๐ฒ #ONDO was trading in a Symmetrical Triangle Pattern, gives a perfect breakout which indicates a bullish price movement for short term. ๐๐
๐ธCurrent Price -- $0.24669
๐Target Price -- $0.31843
โ๏ธ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. ๐๐ธ
๐ทRemember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ONDO #Cryptocurrency #Breakout #DYOR