On the daily timeframe, it appears that the #ONDO stock has broken the descending wedge pattern, but is this a real breakout? We're not sure 👀
3 Warning Signs: 1️⃣ Weak momentum — small breakout candles + a doji candle afterward 2️⃣ Doji candle followed by a red 🔴 candle 3️⃣ Low trading volume and MACD indicator rebound from the bullish zone Be cautious, and don't let the fear of missing out take over 🧠 $ONDO
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On the daily timeframe, it appears that the #ONDO stock has broken the descending wedge pattern, but is this a real breakout? We're not sure 👀
3 Warning Signs:
1️⃣ Weak momentum — small breakout candles + a doji candle afterward
2️⃣ Doji candle followed by a red 🔴 candle
3️⃣ Low trading volume and MACD indicator rebound from the bullish zone
Be cautious, and don't let the fear of missing out take over 🧠
$ONDO