Technical analysis by i_am_noone about Symbol ONDO: Buy recommendation (6/12/2024)
https://sahmeto.com/message/2011035
i_am_noone
Rank: 6773
Analytical Power:
1.6

Based on the solid growth trend of ONDO, along with the RWA narrative and BlackRock backing, I believe this token will continue to grow to new all time highs.My strategy:-Buy at $1.33-Sell 30% when it reaches previous ATH of $1.48 (market cap 22B).-Sell 30% when price reaches $1.88 (market cap 2.5B).-Sell 30% when price reaches $2.30 (market cap 33B).-Set Stop Loss at $1.17 which is the 100-day EMA.I did exit my initial position as it was dropping to minimize losses. However, I see the current price of $0.90 as a solid entry point with strong support.Got stopped out. Did not perform as expected. I was wrong about this one.
Translated from: English
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$1.34