Long
ORNUSDT (02-04-2021)
The market is currently around 19.000 which is a key region that contains a minor key level and a daily level. There are currently no significant bullish divergences, but locally you can see weak bearish divergences indicating the market will continue down or at least consolidate for a short period before going back up.
Ideally, if the market continues more downwards we will be in a region of major confluence and it's likely that we will see the formation of strong bullish divergences.
Ideally, if the market continues more downwards we will be in a region of major confluence and it's likely that we will see the formation of strong bullish divergences.
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