🔷 Crypto Setup #6: $ONDO at the crossroads - $0,3966 or $0,423
Price ~$0,408. 1D bearish: below MA(7) and MA(25), RSI(6) 31,7. On the 4H there was a bounce from $0,3966, but no reversal yet. Selling flow (CVD) is down. With $BTC the connection is tight, and BTC is weak.
Personally, I don't trade in the middle of the range.
📉 Short: 1H close below $0,3966 and retest from below. Entry $0,396, stop $0,405. TP $0,388 (0,9R), $0,380 (1,8R).
📈 Long: 1H close above $0,423 and retest from above. Entry $0,423, stop $0,412. TP $0,440 (1,55R), $0,455 (2,9R).
Macro: Fed on October 28, 21:00 MSK. PCE on October 29.
Not financial advice. Leveraged trading is high risk.
Are you taking the setup or waiting for confirmation? 👇
#CryptoRay #ONDO
Price ~$0,408. 1D bearish: below MA(7) and MA(25), RSI(6) 31,7. On the 4H there was a bounce from $0,3966, but no reversal yet. Selling flow (CVD) is down. With $BTC the connection is tight, and BTC is weak.
Personally, I don't trade in the middle of the range.
📉 Short: 1H close below $0,3966 and retest from below. Entry $0,396, stop $0,405. TP $0,388 (0,9R), $0,380 (1,8R).
📈 Long: 1H close above $0,423 and retest from above. Entry $0,423, stop $0,412. TP $0,440 (1,55R), $0,455 (2,9R).
Macro: Fed on October 28, 21:00 MSK. PCE on October 29.
Not financial advice. Leveraged trading is high risk.
Are you taking the setup or waiting for confirmation? 👇
#CryptoRay #ONDO
