Ordi - Establishing Bullish Momentum
Ordi is looking very good with its current setup. Here are the main things that can give credibility to a continued uptrend.
-Price supported at 0.786 of macro trend (blue fib line)
-3D Doji printed on Binance
-Price broke out of short term triangle
-Price retested triangle and is currently holding as new support
-RSI formed a bullish divergence near the lows
-RSI has continued to form a series of higher lows on the 3D
-Price has been closing all 3D candles above our lower white trendline
-Price supported at 0.786 of macro trend (blue fib line)
-3D Doji printed on Binance
-Price broke out of short term triangle
-Price retested triangle and is currently holding as new support
-RSI formed a bullish divergence near the lows
-RSI has continued to form a series of higher lows on the 3D
-Price has been closing all 3D candles above our lower white trendline
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.