ONDO - Fib Extensions
Ondo - ONDO
Sitting in the real world tokensiations of assets category, ONDO is technically already above this key 0.618 ‘golden-ratio’ area. Below are my bullish and bearish thesis from here.
Bullish scenario
Prices continue to consolidate, accumulate, and move higher to the previous high, the 1.272 ratio and 1.618 ratio from here.
Bearish scenario
Failure to hold above the 0.618 level (green box) would be bearish in my opinion and a failed breakout.
Sitting in the real world tokensiations of assets category, ONDO is technically already above this key 0.618 ‘golden-ratio’ area. Below are my bullish and bearish thesis from here.
Bullish scenario
Prices continue to consolidate, accumulate, and move higher to the previous high, the 1.272 ratio and 1.618 ratio from here.
Bearish scenario
Failure to hold above the 0.618 level (green box) would be bearish in my opinion and a failed breakout.
Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
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Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.