The chart speaks clearly:
✅ Falling wedge breakout supported by higher lows
✅ A potential cup-and-handle continuation forming
✅ Bullish divergence on Market Cipher B, signaling momentum reversal
🔍 Trade Setup Details:
Entry Zone: 0.76 – 0.78
Stop Loss: Daily close below 0.66
Target Area: 2.14 – 2.18 (aligned with 0.618 Fib and measured wedge target)
Risk/Reward: 1:4+
Market Cipher B shows similar structure to previous cycle bottoms: green dot + momentum turning up
⚠️ Caution Note:
While the setup is technically clean, macro volatility (FOMC decisions, BTC dominance shifts) can heavily influence the outcome.
If the market environment aligns, this is a textbook bullish setup.
If not, discipline on stop-loss is essential.
🧠 Plan the trade. Trade the plan. Leave emotion out.
#ONDO #AltcoinSetup #CryptoAnalysis #MarketCipher #TechnicalAnalysis #SmartMoney #ONDOUSDT #CryptoTrading
✅ Falling wedge breakout supported by higher lows
✅ A potential cup-and-handle continuation forming
✅ Bullish divergence on Market Cipher B, signaling momentum reversal
🔍 Trade Setup Details:
Entry Zone: 0.76 – 0.78
Stop Loss: Daily close below 0.66
Target Area: 2.14 – 2.18 (aligned with 0.618 Fib and measured wedge target)
Risk/Reward: 1:4+
Market Cipher B shows similar structure to previous cycle bottoms: green dot + momentum turning up
⚠️ Caution Note:
While the setup is technically clean, macro volatility (FOMC decisions, BTC dominance shifts) can heavily influence the outcome.
If the market environment aligns, this is a textbook bullish setup.
If not, discipline on stop-loss is essential.
🧠 Plan the trade. Trade the plan. Leave emotion out.
#ONDO #AltcoinSetup #CryptoAnalysis #MarketCipher #TechnicalAnalysis #SmartMoney #ONDOUSDT #CryptoTrading
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.