ORNBTC - Extremely bullishORNBTC - Mainnet launch (December 16)
Entry: 0.0001950
Target: 0.0002145 (10%), 0.0002488 (27.5%), Potentially higher
Stop: 0.0001750
Looks like an extremely good investment for the next 2 weeks
Ornbtc
ORN trading ideaHello traders.
Take a look... We may be forming a bullish accumulation pattern on 4h chart called ascending triangle
The entry point is in the blue line, so we going to assume the bullish trend will continue
But the asset is recently listed on binance so we don't have much trade history on this asset to establish support and resistance levels
ORN/BTC (Testing Reverse Fib 1.618 Support)💎Technical Analysis Summary💎
BINANCE: ORNBTC
-ORN is now touching its reverse Fib extension support around 1172s sat
-We might see a temporary relief before the dominance trend continues
-This is a high-risk trade if you are looking for a small bounce up
-I don't recommend buying at market price because the BTC Dominance is high
-Please wait for proper reversal confirmation if you want to enter Long
-Always apply correct risk management in every trade
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ORN/USDT (Back at Key Support Zone)💎Technical Analysis Summary💎
KUCOIN: ORNUSDT
-Orion Protocol rejected after hitting strong resistance area at 3.4-4.0 dollars
-The price pulls back to the previous Key support zone
-If ORN can hold this level again, there could be another chance to retest the upper resistance
-But if this support zone failed, 1 dollar downside target will be open
-In trading, you need to look at both scenarios (Bears and Bulls)
-And plan according to your short term or midterm trading bias
A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
If You Like My Daily Published Ideas 👍
A little Help By Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
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ORNBTC | Now on BinanceONE TOKEN. ONE PROTOCOL. THIRTEEN REVENUE STREAMS.
Built on the most advanced liquidity aggregator ever developed, Orion Protocol solves some of the largest issues in DeFi by aggregating the liquidity of the entire crypto market into one decentralized platform.
This underpins each solution built on the protocol, including revolutionary trading solution Orion Terminal - aggregating the liquidity of the entire crypto market on one decentralized platform - as well as a suite of enterprise solutions for blockchains, exchanges, and crypto projects. Our roadmap also includes a price oracle and a high-margin DEX.
Orion has ensured deep utility of its native ORN token across the entire protocol, integrating it into all main transactions to take the form of an internal currency or utility token.
NOW ON BINANCE: ORN/USDT and ORN/BTC
Note: Good for short-term profit gainers, keep your eye on it !
Stay safe :)
$ORN - A breakout to $6ORN looking interesting as it breaks out from a descending triangle.
Measured move to $6.24
