ORDI rejecting from 4-hrs timeframe resistance, failing to break the trendline
Support can find $45 to $44 in short timeframe
Support can find $45 to $44 in short timeframe
Note
ORDI has surpassed resistance in the 4-hour timeframe and is currently trading at $52.40. It is expected to reach above $55, which is a daily resistance level.Trade closed: target reached
Target reached $55.38 from my initial post price of $47.60Note
ORDI has hit a weekly resistance at $59, and there is a possibility of a price decline if the volume decreases, with an anticipated range pullback to between $55 and $51.Note
Will ORDI cross this daily resistance and move even further up? or it's ready to fall back to $55 to $50
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.