Looking at the Logarithmic chart, LSE:ORCA seems to have been at a down trend since January 2024 after doing a 10x in just 63 days. The coin seems to have been going through a decent correction for the past 140-160 days. Pulling up the Fib retracement we see a clear bounce off of the 50% level(log scale) which gives an indication that the correction is coming to...
LSE:ORCA has broken out of it's downtrend and has now retested the falling wedge as support which leads me to believe a big move higher is coming in the near future. I could see the move taking us up to the $4 or $5 resistance before consolidating and having one last leg lower. Should be a good trade though. I've entered at $2.37. Let's see how it plays out.
Hi, this is my new update for ORCA. In the last 3-4 months Orca has fallen over 60%. Now it seems like that we are reaching the bottom. Right now we are in a descending triangle pattern on both the chart and the RSI. We have a major support level around $3.30-3.60 and at the same time we have the 200D SMA (Red line). I expect if these levels holds then we are...
We have a Solana ecosystem and memecoin-trading explosion - Orca, Solana-exchange, are probably next to follow. I see a nice set up with a daily break of trend, squeeze between 20 Moving Average and 200 Moving Average. One idea (depending on your trading style) is to place a stop loss under previous candles low. If Solana continue to run, I see this 75% trade...
I've been watching this chart for a while and price finally broke out of a big flag and is currently sitting on top of it. Should it be able to hold support here, I think this could see a big move higher with levels from $9-20. I've marked off the resistances to the upside, let's see if they can get hit.
ORCA following big daddy SOL - capital waterfalls the concept is pretty clear there. same pump but on a smaller sub asset. majors tend to go before their smaller eco system plays. not always though. initially we've seen some small cap mega gains and mediocre medium/large cap gains this run so far. doesn't really line up perfectly but you get the idea. orca has...
I've been exploring some opportunities in the Solana ecosystem and given the massive dex volume there, I see ORCA as a true gem to be one of the biggest performers in the ecosystem. It was already one of the best 15 performers in the market during 2023 but with only a 270m market cap, it has a lot more upside. I expect a main target of around $70 during 2024 or...