People exploded, Ondo is also not good, will these two coins be finished?
Don't panic! Now is actually the last C wave decline!
Before, we entered the market with Ondo 1.2 and People 0.1 to do the B wave rebound. Ondo rebounded to 1.4 and People reached 0.14, but I said that it is not over yet. The normal model will have a final C wave decline, and now it has come!
Ondo is expected to be around 1.05, and People is 0.085 or 0.09. This is likely to be the final retracement position.
The current C wave retracement is actually very healthy. After all, Ondo doubled from 0.7, and People also rose several times, so it is normal for the ABC wave to retrace 30-40%. We analyzed their Elliott model last month.
Then don't think that it will fly immediately after buying the bottom. It should consolidate for a few weeks to absorb funds, and then these coins will double again in the next wave of rise. It is good to buy the bottom spot, with a maximum leverage of 2 times, and buy when no one cares.
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