Confluence on ONDO!
Nice confluence on ONDO.
We broke market structure when price went above the previous top made on the 20th of Aug. That means we're now looking to go long when a retracement happens.
Specifically, we're looking for a retracement into the following zone of confluences:
A dip into this area would potentially provide a great long opportunity. Set your alert and chill!⏰
We broke market structure when price went above the previous top made on the 20th of Aug. That means we're now looking to go long when a retracement happens.
Specifically, we're looking for a retracement into the following zone of confluences:
- previous range support (green box)
- fibonacci golden pocket (yellow box)
- weekly VWAP (orange line)
- SMA 200 (blue line)
A dip into this area would potentially provide a great long opportunity. Set your alert and chill!⏰
Komen
As price moved further upwards, the confluence zone changed. I'm currently interested in a drop towards the:
* sma 500
* vwap weekly
* fibonacci golden pocket
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.