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Technical analysis by MastaCrypta about Symbol ONDO: Buy recommendation (2/7/2025)

https://sahmeto.com/message/3233068
MastaCrypta
MastaCrypta
Rank: 31198
0.6
Buy،Technical،MastaCrypta

Straight to the point! I am seeing this in ORAI in days chart! The diagram is mentioned below. Bet it!The OB is filled and stacked and a weeks stay, or going little bit down playing with buyers emotion is what gonna happen. Mark it! Thats what is gonna happen for ORAI! Now, when can i get hold of this fish? Lets see.Coming to the 4H charts, mentioned below!you can see i have squeezed it a lot, and its just dancing on top of the trend line, as if he is made to stand on a hot pan lol.Now going further you can see I have marked three circles, everytime when ORAI tried to go up, it fell down, or is it just a dead cat bounce people didnt interpret? Look at it carefully, tried to go up, but trapped buyers and eventually sellers were in control, the last part is what is funny, where it took sellers out and for a moment buyers gained control but eventually failed, Many would say, Sell on every rise, but not this time.IF I consider the parallel channel as the distribution phase, then the spring is marked. Not all wyckoff cycles are same, its just how the trader beholds it. So now you know where to buy ORAI!!.Coming to ONDO - Pretty straightforward, to buy it below the red line, buying here would nowhere take it up.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
First Support:
$1.22
First Resistance:
$1.5
Price at Publish Time:
$1.38
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