ONDO up 600% since Feb, Currently Outperforming BTC
Updated
Based on the solid growth trend of ONDO, along with the RWA narrative and BlackRock backing, I believe this token will continue to grow to new all time highs.
My strategy:
-Buy at $1.33
-Sell 30% when it reaches previous ATH of $1.48 (market cap 22B).
-Sell 30% when price reaches $1.88 (market cap 2.5B).
-Sell 30% when price reaches $2.30 (market cap 33B).
-Set Stop Loss at $1.17 which is the 100-day EMA.
My strategy:
-Buy at $1.33
-Sell 30% when it reaches previous ATH of $1.48 (market cap 22B).
-Sell 30% when price reaches $1.88 (market cap 2.5B).
-Sell 30% when price reaches $2.30 (market cap 33B).
-Set Stop Loss at $1.17 which is the 100-day EMA.
Trade active
I did exit my initial position as it was dropping to minimize losses. However, I see the current price of $0.90 as a solid entry point with strong support.Trade closed: stop reached
Got stopped out. Did not perform as expected. I was wrong about this one.
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