$ONDS (2W) - Undercutting support, trapping bears, then running back up? Yes, that's possible, but we gotta let price action lead us, gents. A break of support and the momentum cloud means we get either a structural breakdown or a sweep of the lows. > you want to be long the latter, not the first. Just like you want to short the first, not the latter, feel me? Heatmaps for this week are still pointing with a lean toward $5.50, but a tap there could be a solid first entry for us, as things are looking right now. Yeah, tough market, but that king node at $10 for VEX into year end still stands, so there's that also.
Fibby.Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.