Alikze »» ORDI | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
BINANCE:ORDIUSDT In the daily time frame, it is moving in an ascending channel, which has faced selling pressure in the supply area after hitting the ceiling of the channel.
- In the analysis presented in the previous post , the alternative path was realized, which was corrected up to the $29 range and met with demand again by creating a Double Bottom.
💎Currently, due to the momentum and bullish guard, it can meet the demand again with a zigzag correction in the green box range and break the first supply area towards the specified targets.
💎Therefore, the reversal can be a broken pullback to the swing.
⚠️ In addition, if the correction is sharp and sharp, there will be a possibility of breaking the zone, so if the Invalidation LVL zone is touched, the bullish scenario will be invalidated and should be checked and updated again. ⚠️
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Ordiusdt
SasanSeifi| Will the Price Break Above $38 for Strong Uptrend?Hey there, ✌In the daily timeframe BINANCE:ORDIUSDT , as observed, the price has entered a corrective phase after a significant rise from the $40 range. Following the correction, with the $30 level holding, we have seen positive fluctuations again. Currently, the price is at the $35 range, and during this movement, there have been reactions to the downward trendline.
Since the price is still below the 200-day moving average (EMA 200), paying attention to its behavior near this level and a potential breakout is crucial.
Given the overall market conditions, the medium-term outlook for the price trend appears to be bullish. If the price can maintain the $33 to $31 range and, in the next phase, break above the $38 level along with the EMA 200 and establish itself above it, there is potential for a significant price increase towards the $43 to $45 range.
In this scenario, the market could enter a strong uptrend. Therefore, if the price stabilizes above $38, further upward movement and growth would be likely.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
#ORDI (SPOT) entry range (22.00- 30.20) T.(70.27) SL (20.72)BINANCE:ORDIUSDT
Keep the order in entry range & waiting for the price to come to fill your order
entry range (22.00 -30.20 )
Target1 (40.50)- Target2 (58.5) - Target3 (70.27)
SL .1D close below (20.72)
*** Collect slowly in the entry range ****
*** This trade is short time investment ****
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA ****
ORDIUSDT: Major Breakout or Breakdown Imminent – Are You Ready?Yello, Paradisers! Have you been watching ORDIUSDT closely? Well, it's showing signs that could lead to a big move! Let's break it down.
💎ORDIUSDT is currently testing a key descending channel and has flashed a Change of Character (CHoCH) towards a bullish market structure. Not only that, but the chart has formed an Inverse Head and Shoulders pattern, which further boosts the chances of a bullish breakout.
💎If ORDIUSDT manages to break above the resistance zone and close a candle above it, this will confirm the Inverse Head and Shoulders pattern, significantly increasing the likelihood of a bullish reversal.
💎On the other hand, if there's a pullback, we could see a bounce from the support zone. However, to confirm this bounce and give ourselves the edge, we’ll need an Internal Change of Character (I-CHoCH) on the lower timeframes.
💎But be cautious. If the price breaks down and closes a candle below the support zone, it would invalidate our entire bullish setup. In that case, it’s wiser to step back and wait for a better opportunity to present itself.
🎖Patience is key here, Paradisers. Remember, only the disciplined and strategic traders make it far. Stick to the plan, and don’t let emotions drive your trades. Stay focused!
MyCryptoParadise
iFeel the success🌴
ORDIUSDT 4H - Bullish breakout zoneORDIUSDT 4H - Bullish breakout zone
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ORDIUSDT 4H - Bullish breakout zone
ORDI is about to break its resistance. We only have to set a Stop Loss below the dynamic support in case it turns around.
If it breaks the dynamic support, it could look for the base at $21 again to make a double bottom.
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I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
ORDI price has started to growToday, CRYPTO:ORDIUSD price has broken out quite nicely.
Considering that before that, OKX:ORDIUSDT price came and traded well in the $25-28 purchase zone, which was written about 5 months ago:
🛍 Those who are cautious can keep an eye on this asset and wait for a confident consolidation above $33
🍿 And the brave can take and wait for happiness in growth to $70)
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Buy ORDI Technical Analysis of ORDIUSDT 📈
Key Price Levels:
- $40.65: Starting point of the downward trend.
- $32.42: Support level where the price bounced back after a decline.
- $34.54: Entry point for buyers to enter the market.
Entry and Exit Points:
- Entry Point: $34.54. This level can act as a strong support zone. Buying at this level may reduce risk and increase the potential for price growth. 🚀
- Exit Points:
- $36: First price target. 🎯
- $38.47: Second price target.
- $40.10: Third target, which may serve as a strong selling point.
- Stop Loss: $32.98. This level can be used as a stop-loss to manage risk effectively. ⚠️
Price Patterns:
In the ORDIUSDT chart, various patterns can be observed:
- Fork Pattern: Indicates a potential reversal move. 🔄
Support and Resistance:
- $32.42: Support level.
- $38.47 and $40.10: Resistance levels. ⬆️⬇️
This analysis can help traders make informed decisions regarding buying and selling ORDIUSDT and capitalize on market fluctuations. For further details, you can refer to platforms like TradingView or specialized cryptocurrency analysis websites.
ORDIUSDT - Technical Analysis [Long Setup]🔹ORDIUSDT Analysis on 1HR chart
- The current Trend is BULLISH
- there is no divergences
- Lets take entry at HL
🔹Trade Plan
- Entry Level = 38.44
- Stop Loss = 33.71
- TP1 = 36.99
- TP2 = 1.578
🔹Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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#ORDI entry range ( 26.73 - 28.19) for 20% profit (34.22)#ORDI
entry range ( 26.73 - 28.19)
20% Target (34.22)
SL .4H close below 25.66
#ORDI
SEED_DONKEYDAN_MARKET_CAP:ORDI
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BINANCE:ORDIUSDT
ORDI Price Update & Analysis in a Daily Timeframe.Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
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Now, let’s dive into this chart analysis:
ORDI held the $25.70 support well and showed a decent rebound. It is currently facing resistance at the 50 EMA. If ORDI breaks above the EMA, it will still need to contend with the resistance trendline around $40-$41.
The lower support range between $18.40 and $21.40 is a good accumulation zone if the price dips. The RSI is in the middle band, so any move on ORDI could be significant. To reach its all-time high, ORDI would need a 2x-3x gain from the current market price.
Key levels:
- Primary Support: $25.70.
- Lower Support/Accumulation Range: $18.40 and $21.40.
- Primary Resistance: $31.88.
- Secondary Resistance: $40-$41.
- Long-term Target: $97-$100.
DYOR, NFA.
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ORDIUSDT.1DIn my latest technical analysis of the ORDI/USDT daily chart, several critical indicators and price movements offer a nuanced perspective on potential future price action. First and foremost, it's notable that the Moving Average Convergence Divergence (MACD) is displaying a bearish momentum, as indicated by the MACD line residing below the signal line. The separation between these lines suggests that the bearish trend could persist in the short term.
The Relative Strength Index (RSI) is currently at 34.12, nearing the oversold territory but not quite there yet. This suggests that while the selling pressure has been significant, there could be room for more downside before the market considers the asset truly oversold and due for a potential rebound.
Examining the price action, ORDI/USDT has experienced a notable decline, establishing a recent low at $17.57, which I am considering as the current critical support level (S1). Looking forward, if this support holds, it may act as a springboard for a price correction or consolidation phase. The resistance levels to watch are at $44.82 (R2) and initially at $17.57 (R1), which is now a pivotal point for any bullish recovery.
Given the current technical setup, I predict that if the price manages to stabilize and rebound from the S1 level at $17.57, we could see a movement towards R1. This would require a shift in market sentiment and potentially positive developments related to the asset itself. However, should the support at $17.57 fail to hold, it would likely lead to further declines, potentially testing even lower historical supports.
In conclusion, the ORDI/USDT market currently shows bearish tendencies with a close watch on the $17.57 support level. A break below this level could exacerbate the bearish sentiment, while stabilization and a bounce back could pave the way for a retest of higher price levels. Traders should remain cautious and monitor these key technical levels closely, adjusting their strategies based on confirmed price actions and indicator signals.
ORDI buy/long setupThe ORDI symbol has a bearish structure and the price is expected to reach the main demand.
A good demand range is ahead and above the price, in which we look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
$ORDI/USDT pessimistic outlook, I do not invest anymore.I have invested and made good money trading SEED_DONKEYDAN_MARKET_CAP:ORDI for a while. I have ridden the rise and sold at $69, missing the peak and feeling bad at the time.
Now my sentiment about SEED_DONKEYDAN_MARKET_CAP:ORDI is very bearish, and I will explain why I will stop trading it. Here are several events that have happened and are red flags:
1. SEED_DONKEYDAN_MARKET_CAP:ORDI was created in March 2023 by Domo, an enigmatic blockchain analyst; he just posted it on Github, and it was adopted by the team developing Bitcoin code. Binance launched it nobody knows why,
2. SEED_DONKEYDAN_MARKET_CAP:ORDI does not have a proper website. The founder didn't make money out of it and is not supporting it.
3. SEED_DONKEYDAN_MARKET_CAP:ORDI does not have an identified legal entity, no budget, no tokenomics, no roadmap, and no ecosystem.
4. SEED_DONKEYDAN_MARKET_CAP:ORDI now has RUNE (not the Thorchain CRYPTOCAP:RUNE ), which has a questionable name and seems to be a modification of BRC-20 to make money out of it. I personally think that it is shady.
So SEED_DONKEYDAN_MARKET_CAP:ORDI is a VERY HIGH investment risk, manipulated by Binance, with no team, and no future, to be honest. Worse, RUNE seems to be a takeover by Casey Rodarmor, a Bitcoin dev, and the name he has chosen is not compatible with any exchange because it already exists with a top 50 token that is older and succesful!
What the hell is going on?
I think that $95 is the all-time high for this coin for its lifetime, which will dump into oblivion before the end of this bull run, with no fundamental attached to it, I do not see what can save it.
Of course, I might be wrong; some magic could happen, and some pump might occur, but the signs of imminent death are already showing. It has dumped 66%, one of the worst performances of all the top 100 cryptos since its ATH. It is not recovering.
Conclusion: Be very careful with this coin. It has been short-lived and is probably in the process of dying.
ORDI: Looking BearishThe market sentiment for ORDI is currently bearish. Recent technical indicators suggest caution due to potential downside risks.
The MACD is bearish, with the histogram at -0.29 and the MACD line at -1.56, indicating a strong bearish momentum.
With %K at 20.64 and %D at 24.66, the Stochastic Oscillator indicates oversold conditions, suggesting a potential for a short-term rebound.
The RSI is at 30.27, indicating that ORDI is in oversold territory, which could signal a potential reversal or consolidation.
Potential Market Scenarios
Bullish Scenario:
A break above the local resistance at $34.92 could lead to further upward movement, potentially targeting the solid resistance at $39.27. This move would likely confirm bullish momentum and attract more buyers.
Bearish Scenario:
If ORDI fails to break above the local resistance, it could retest the support levels at $31.80 and potentially fall to the dynamic support level at $30.56. A break below $30.56 could signal further declines, with $25.84 acting as the next support level.
Conclusion and Market Outlook
ORDI is currently positioned with significant support and resistance levels to watch. The bearish MACD and overall market activity suggest caution, as the potential for further declines exists. Monitoring the key resistance levels and potential support levels is crucial for making informed trading decisions.
ORDIUSDT Poised for a Major Move Bullish Breakout or Bearish ?Yello Paradisers! Are we on the brink of a bullish breakout, or are we facing a potential bearish breakdown with ORDIUSDT? This cryptocurrency has been navigating a descending channel for a while, and it’s now at a critical juncture.
💎#ORDIUSDT is currently testing a crucial demand zone at $34.30. This level is significant because if the price can sustain above it, we might see a bullish breakout from the descending channel. The upper expansion of the channel also hints at growing bullish sentiment. However, as always, caution is warranted.
💎 If the price fails to hold above $34.30, our focus will shift to the next support level at $25.18. A break below this level could signal a bearish shift, invalidating the current bullish setup and potentially leading to a more substantial decline. This scenario underscores the importance of being prepared for both outcomes.
Remember, disciplined and well-planned trading is the key to consistent success. Stay focused and trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
ORDI/USDT Triangle Bullish arrow ( Buy ) The triangle pattern has broken through the resistance line on July 27, indicating a potential bullish price movement. This breakout suggests a shift in market sentiment towards a more positive outlook. Over the next 7 days, we could see the price potentially rise towards 53.0260. This target is derived by measuring the height of the triangle at its widest point and projecting that distance from the breakout point. Traders should watch for confirmation signals and consider this potential trend in their trading strategies.
ORDI: wait best for candle🟢 Buy Signal for ORDIUSDT 🟢
📍 Entry Point: 38.89 USDT
🎯 Target Prices:
- TP1: 39.50 USDT 🥇
- TP2: 41.90 USDT 🥈
- TP3: 45.73 USDT 🥉
- TP4: 50.35 USDT 🏆
- TP5: 55.65 USDT 🏆
🔴 Stop Loss: 34.76 USDT
📈 Technical Analysis:
After the price hit the support zone and pulled back to the downtrend line, a favorable position for entering a buy trade has been established. Multiple target prices have been set at different levels.
This analysis are based on the provided chart and may need revision with market changes. Always consider risk management and trade only with capital you can afford to lose. 📊💡
ORDI price is preparing powerful impulse, the question is where?The #ORDIUSDT price is in a long consolidation, trading volumes are falling, as is possible interest in it.
The delta of trading shows that sales are slightly higher than buying in the consolidation.
Perhaps this consolidation is a preparation for the continuation of super growth, as it was before with a similar but smaller pattern.
But personally, if we were to decide to buy SEED_DONKEYDAN_MARKET_CAP:ORDI , it would be not earlier than in the range of $25-28.
Or would you say that this is already an unrealistic price?)
Write your thoughts in the comments.