ORDI/USDT Critical Retest Is a Bullish Surge on the Horizon?Yello Paradisers! Are you ready for the next big move? ORDIUSDT has caught our attention with an intriguing development. After successfully breaking above a critical resistance level, it is now in the retest phase.
💎 SEED_DONKEYDAN_MARKET_CAP:ORDI has been following a descending resistance for a long time. Recently, it broke above this resistance, making a notable upward move.
💎The price is now retesting the key level at $52.62. If it maintains momentum and holds a strong position above the EMA, there's a high probability of a bullish move.
💎If #ORDIUSDT sustains above this leve $52.62, it could become a strong support, paving the way for further bullish action.
💎If the price fails to sustain above the resistance and loses momentum, we expect a bullish rebound from the lower demand zone at $44.62. This level has significant liquidity, which could fuel a probable bullish move upon a retest.
💎Sustaining above $52.62 and holding above the EMA can lead to a strong bullish move.
💎Failing to hold above $52.62 and dropping below the demand zone at $44.62 would invalidate the bullish outlook, leading to a significant price drop.
Stay focused, patient, and disciplined, Paradisers. The next few moves in ORDIUSDT will be crucial. Let's trade smart and stay ahead!
MyCryptoParadise
iFeel the success🌴
Ordiusdt
ORDI Cup and HandleFollowing on from my current ORDI setup, we have produced a fantastic cup and handle pattern on daily.
This coincides perfectly with initial setup of reclaiming support and moving average cross.
Has slipped nicely into supply zone and broken out back above resistance for a retest. Increased volume on daily green moves.
Daily 12 and 21 moving averages have crossed.
Current entry at $56
First Target at $95
Invalidation around $46
Returning for ORDI wait and see...After stopping me out almost instantly on an idea earlier ORDI has returned back to a key level of interest for me.
Wanting ORDI to hold a key level between 40 and 41.7. If we see this level hold successfully I expect us to 12/21 EMA cross and hopefully some volume behind it. I will be longing this pretty much as soon as this cross happens and be target the $100 area. Provided the market as a whole stays bullish we can expect it blow through this point hopefully heading for a top 50 coin.
So now we wait for confirmation of new trend and prepare.
ORDI/USDT Breakout Alert!! Potential bullish momentum for ORDI.💎 Paradisers, ORDI is indeed showcasing intriguing movements that deserve careful observation.
💎 The successful breakout from the descending channel signifies bullish momentum for ORDI. Currently, the price is potentially preparing to retest the trendline before continuing its upward trajectory toward the supply area of around $55.45.
💎 A successful breakout above this supply zone would confirm ORDI's return to a bullish trend, potentially leading to significant upward movement toward our target strong resistance area.
💎 However, if ORDI encounters resistance at the supply area and receives a strong rejection indicated by a bearish candle, the price may retreat to downward movement.
💎 In such a scenario, ORDI could revisit the support area around $44.60, which coincides with the resistance neckline of the ascending triangle.
💎 ORDI must bounce from this support area and resume its upward trajectory. Failure to bounce, or a breakdown below the support, could signal further downward movement, potentially leading to a test of the Bullish OB area. ORDI needs to reclaim the price above the support area at $44.60 upon reaching the Bullish OB area to maintain bullish momentum.
💎 However, if ORDI breaks below the Bullish OB area, confirmed by a daily candle close below it, it could indicate a bearish trend reversal, leading to continued downward movement.
MyCryptoParadise
iFeel the success🌴
Swept Range Lows now lets reclaim the highsOrdinals has had a fantastic run from November. After reaching nearly $100 it has begun ranging from $40-$80. Its so far been an amazing range to play and has now set up once more. Inflows vs Outflows in the spot-market have just switched positive.
Stoch has bounced of lows and is looking to regain strength.
ORDI often moves independently and before big moves from BTC.
This setup has a very easy invalidation around $36 and could prove to be an easy 6r trade.
ORDI ANALYSIS (1D)By examining the ORDI waves, it seems that the large and upward wave C has ended and the price has entered a large correction.
The supply range is the range where we expect downward price rejection.
The target on the chart is the SS line (Static Support).
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ORDI - The Semi Bullish Case (1st scenario)In this scenario I expect SEED_DONKEYDAN_MARKET_CAP:ORDI to compete waves B & C in a main zigzag wave that would bring the correction of the great bullish move SEED_DONKEYDAN_MARKET_CAP:ORDI had since Oct2023 to an end.
I expect after this correction ends a new all time high.
ORDI - A SHORT is short#ORDI/USDT #Analysis
Description
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+ The price is steadily following the channel, and the overall trend is bearish.
+ I don't anticipate this trend changing direction in the near future, so I'm opting for a SHORT trade here.
+ I expect the price to reach the resistance line and then retreat back to the support level.
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VectorAlgo Trade Details
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Entry Price: 38.938
Stop Loss: 42.416
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Target 1: 36.416
Target 2: 34.654
Target 3: 30.995
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Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Trading Ideas Results for March-AprilThis year I started sharing my analytical reviews and trading ideas since mid-March. I like using TradingView because here you can't edit or delete a published idea. Everything that has been published can be found and verified, which is not always possible on other platforms, for example, in Telegram channels where the administrator can adjust the statistics.
It's time to summarize the interim results of trading ideas from mid-March to April 30. In this review, I will only consider short-term ideas on the daily and hourly timeframes. Medium-term ideas on the weekly and daily timeframes will be analyzed in a separate review.
There were 4 short-term ideas. All of them are on the chart attached to this post. One for buying and three for selling. The results are also visible on the chart, and they are 100%, all targets were achieved. You can find more details about the ideas by following the links below (see related ideas). But was everything so good? Unfortunately, no, if we look more closely at how the price moved in each idea.
For AVAX, the selling time was chosen perfectly. Without any drawdown (2%), the price reached the target: +29%.
For ETH, I waited for the price to return to the range of 3200-3400 for buying, the drawdown after buying reached up to 3%, and the achieved target was +12%.
For SOL, the idea was to sell, and the drawdown on the trade reached up to half of the target (4%), but then the target was achieved with a gain of +11%.
For ORDI, a less favorable moment was chosen for selling compared to other ideas, resulting in a drawdown of 23%, which is comparable to the achieved final target of +24%.
It is worth noting that ORDI's market capitalization is 15 times smaller than AVAX's. Could this be the difference? What is an acceptable drawdown percentage for you before the idea works out? Share your thoughts in the comments.
By the way, as part of the educational article on March 31, I made a short-term forecast for OPUSDT. Interestingly, it also worked out. Without any drawdown, the target was achieved: +29%.
I will publish the interim results of medium-term ideas in a separate review.
ORDI: buy📊Analysis by AhmadArz:
🔍Entry: 41.51
🛑Stop Loss: 37.84
🎯Take Profit: 45.28 - 50.80
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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Alikze »» ORDI | Ready to break the resistance zoneIn continuation of the previous post, which marked an upward wave, it is currently moving in an upward channel, and currently the range of the resistance zone is $75, which is also located in the midline of the channel.
🔰 With the failure of this zone, it will have the ability to grow up to the previous range and the ceiling of the channel as well as the specified supply zone.
⚠️ If this range is not broken, it can correct up to Fibo 61.8 in the range of $62.
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Ordi/Usdt IdeaThe ORDI/USDT pair appears to be on the verge of a breakout, with the price currently trading within a triangle pattern on the 4-hour timeframe. The price action is showing strength, suggesting a potential breakout in the near future. In case of a successful breakout from the triangle pattern, there is a possibility of a 30-50% bullish move expected in the price.
Please note that this is not financial advice, and it is important to conduct your own research (DYOR) before making any trading or investment decisions.
Ordinals | ORDI & Brc20 The live Ordinals price today is 15 usd with a 24hour trading volume of 60 million dollar. Ordinals is up 24% in the last 24 hours
but what is ORDI and BRC20? BRC20 is an experimental token standard that enables the minting and transferring of fungible tokens via the Ordinals protocol on the Bitcoin blockchain
after the Bitcoin Ordinals protocol launched in January 2023, enabling NFTs to be inscribed on satoshis , there has been curiosity about whether fungible tokens could be created on Bitcoin. BRC20 token standards were created in March 2023 by a pseudonymous programmer named Domo to make minting fungible tokens on Bitcoin possible.
The first BRC20 token deployed was called Ordi. Bitcoin wallets quickly deployed tooling to support BRC20 tokens. Numerous other BRC-20 tokens, many of which are meme tokens, were launched in the months after. As of May 2023, some BRC20 tokens have experienced astronomical price increases and obtained significant market caps, the demand for BRC20 tokens caused Bitcoin transaction fees to surge and caused significant congestion on the Bitcoin network. you probably think but we already had Erc20 so what the...well BRC20 tokens exist on the Bitcoin network, while ERC20 is a standard on the Ethereum network. BRC20 tokens don't use smart contracts and, therefore, have much less functionality. On the contrary, ERC20 tokens can interact with other protocols and applications to enable a wide range of services, including borrowing and lending.
ERC20 is a mature token standard with a massive number of ERC20 tokens already created and widely used. Conceived in 2015 and officially recognized in 2017, ERC20 tokens have been battle tested and proven to function stably. That's not the case with BRC20 tokens, whose future has a high degree of uncertainty, despite the hype, BRC-20 tokens have little utility at present
now lets see why Ordi just pumped, OKX just announced the listing of ORDI, and will open deposits at 18:00 on the 20th, and open spot transactions after the deposit amount meets the transaction requirements. ORDI is the first BRC20 asset, with a total of 21 million. Affected by this announcement, its price rose by more than 24% in 1 hour. The current price is around $15, and its market value is $313 million now
Ordi can hit 15.5 , 16 and 16.5 for now
ORDI: buy in support📊Analysis by AhmadArz:
🔍Entry: 58.724
🛑Stop Loss: 56.508
🎯Take Profit: 60.87-63.06-66.023
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#ORDI/USDT#ORDI
The price is moving in a downward channel on a 4-hour frame and is bouncing from the support area in green
We have an upward trend in blue that has touched the price
Our RSI indicator has a trend that is about to break to the upside
Entry price is 61
The first goal is 65
Second goal 71
Third goal 78