#ONDOUSDT — Beware of Fake Hacks ⚠️
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
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
