Long

$ORN Orion Protocol Analysis Overview ( @orion_protocol )

Updated
Hello there ladies and gentlemen, BulloTaurus here with another quick analysis for today .

Strong buy signals have appeared on BINANCE:ORNBTC .
Phenomenal move we can witness on ORN chart, especially the bounce from EMA 200.
MACD and Momentum indicator are pointing us that there will be more of bullish movement if we look at the daily chart .

ORN needs to retrace a bit to the target line you can see on the chart ( horizontal blue line), it will be a perfect entry for possible upwards movement.
Once we break the EMA 50 resistance level with good volume, we can have a bullish movement confirmation.


Risk: 5
Reward:7



Peace.


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