
@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
28.75
Analysis
320
Correct
92
Fail
101
Pending
127
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

ONDOUSDT
Entry
1.0510
2025-08-11
02:37 UTC
Target
1.3900
Fail
0.8400
Risk / Reward
1 : 2
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Body
The analysis focuses on ONDO cryptocurrency using Elliott Wave theory, indicating that the June low of $0.62 might be a significant bottom. Currently, there are three waves up, but the potential for a five-wave move is being monitored. The analyst is tracking the current upward movement as an 'A' wave within wave three. A potential target is set between $1.25 and $1.39, contingent on five waves forming. Support for wave 'B' is expected to form afterward, with current micro support between $0.886 and $0.969. A pullback into wave B might be needed, but the key is holding $0.886 to maintain the local uptrend. The analysis identifies the 61.8% to 78.6% Fibonacci extension as a common target area for wave 5. There's resistance around $1.12 to $1.13.