ORDI SHORT SIGNAL : FIRST REALLY BIG TRADE OF '24 I posted on ORDI a little while back.
It was a short from ~$74.00 down to $60.00. I missed the target by $1.50 because the coin was listed too recently and I had to guess the historic lows (starting point).
This post is in response to the expected BTC dump, and will likely be more aggressive and thus more profitable if successful. Keep in mind that it's predicated on condition that BTC does drop as expected. (Pfft.. Of course it will..)
I've indicated 3 different TP's depending on your particular level of tolerance and
greed, so have fun.
Ordiusdt
$ORDI Why Ordianls Is So Interesting: Across the Adoption ChasmOrdinal Ecosystem crossing the "Chasm" of tech adoption as it becomes a main crypto Narrative. As money comes in over the next year, opportunities to get in on the ground floor of new "lucrative' concepts
Ordinals have been printing $$$ for folks minting and participating in various tokens and nft's.
NOw, Ordinals is Getting first liquidity swaps and growing infrastructure
Why am I bullish on this concept.
1. New
2. Passionate and Talented community
3. Money still needs to inflow
4. People are dreaming .. when markets price possibilites usually it untethers to the upside
5. there is a grass roots and degen appeal
6. provides a new narrative and use case for Bitcoin
Doge and Doginals
1. degen community
2. cheaper fees = product market fit (like bsc chain in defi)
3. accepted
4. Ultra tiny
5. Long Shot is Elon may leverage the Doge/Doginal ecosystem in twitter.
Also other non-token assets like rare satoshis, ordinal nft's, bitmaps (metaverse lands based on bitcoin blocks) , etc
The ordinal ecosystem (bitcoin) and Doginal ecosystem (doge) looks to be a narrative that is only gaining more momentum
As a new development for this cycle, the opportunity is big to capture imaginations of crypto users.
Usually in the year before the halving and during the halving year a new "twist" on the crypto space is introduced. That starts as degenerate on chain action.
Ordinals standard which were made available through the taproot upgrade has inspired enthusiast to build and trade individual satoshis and the data inscribed on those satoshis.
ORDI Midterm AnalysisAccording to the large time frames and the general review we have on ORDI, this symbol is prone to complete a large bullish wave. This means that we should see the drop of this symbol in the next few weeks or even months.
We have a FLIP area on the chart, which is the best place for a new bear wave.
Closing a daily candle above the flip range will violate this 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/Usdt Update
In this analysis, we will be discussing the potential bullish movement for Ordi/USDT within the 4-hour time-frame. Please be aware that the following information does not constitute financial advice. It is essential to conduct your own research (DYOR) and exercise caution when considering any investment decisions.
Based on the current market structure, there are indications of a switch from bearish to bullish sentiment. This shift offers a potential opportunity for a significant upward price movement in the short term for the Ordi/USDT pair.
Considering the above factors, an estimated bullish move of approximately 30-60% is expected within the mentioned time-frame. This projection, however, should be interpreted with caution, as cryptocurrency markets can be highly volatile and subject to various unpredictable factors.
To summariz, we have discussed the potential for a bullish move in the Ordi/USDT pair within the 4-hour time-frame. It is crucial to conduct thorough research, exercise proper risk management techniques, and make well-informed decisions based on your own analysis. Remember, this information is provided for educational purposes only and should not be considered as financial advice.
ORDIUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Upward impulse looks like completed. Im waiting for midterm correction then continuation of growth.
Good entry zone will be 25 - 15$,
Not earlier.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
ordi is a ZZ enough?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
ORDI on my watch/add list for this move down.
If BTC isn't dead.
Was a big move up...
$2.87 to $91
Is 1 ZZ going to be enough?
ORDI ANALYSIS (4H)Considering the bearish CH and lower H and L, it seems that ORDI intends to create a RANGE range.
SELL/SHORT positions can be found in the red range and BUY/LONG positions can be found in the green range.
Closing a candlestick below 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 (Y24.P1.E1).Showing weaknessHi Traders,
Looking from a wyckoff reaccumulation perspective, I see it either hold the trend with these Moving averages or not and a sweep below for liquidity makes sense or even deeper to the 618 fib retracement where it has confluence with the 200 Daily Moving Averages.
Regards,
S.SAri
📈 Ordi/usdt Successful Retest? 🚀 Ordi/usdt has confirmed its breakout, and the retest appears to be completed. 🎉 It's time to buckle up as we anticipate a potential price surge of 25-50% in the upcoming days. 📈💰
Remember, this information is for informational purposes only and should not be considered financial advice. Always conduct thorough research before making any investment decisions. Happy trading! 😄💸
ORDI ANALYSIS (4H)The red range consists of qm level and swap, which is a strong range.
We also have two liquidity pools at the top and bottom. According to the bearish CH, it is expected that the high liquidity pool will be swept first and then the price will drop to sweep the low liquidity pool.
Closing a daily candle above the red zone will be analyzed as a violation
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ORDI/USDT is in a bullish trend.Based on the chart, there are several bullish patterns that could suggest the price of BINANCE:ORDIUSDT is poised for further upside movement. Here are a few indicators:
Ascending Triangle: The price action is forming an ascending triangle, which is a continuation pattern that typically indicates a potential breakout to the upside.
Rising Volume: The volume of trading has been increasing over the past few hours, which often accompanies bullish breakouts.
Price Breaking Above Support: The price has recently broken above a key support level at 48.905 USDT. This level was previously acting as a constraint on the uptrend, and its breakout suggests that the upward movement may have gained momentum. If the price can sustain its gains above this level, it could further bolster the bullish sentiment.
In the event of an upside breakout, the target price ranges are on the chart.
Good Luck
ORDI is going from $70 towards around $550 in January 2024Why?
First off, we are in a bull market that shows no signs of distribution so continuation is more likely.
Secondly, we are in a clear Eliott Wave fifth pattern with waves 1, 2, 3, 4 already done and wave 5 should ensue of a higher mangnitude than wave 3.
Wave 4 was a clear Eliott Wave double three pattern with w, x and triangle in y. Triangle means correction is already done and impulsive wave will follow.