ORDIUSDT trade ideas
ORDI SWING LONGthis is simply called long until you're wrong
nothing simpler than a swing long based on a support of a pullback in an uptrend...
if it works, it works, doesn't matter how dumb or simple it looks like
and if you're wrong, it shouldn't be a loss that makes you want to give up on everything in life
put a size you're comfortable with, don't go degen
it's 1 loss only if it's wrong, not your entire portfolio, at least, that's up to you according to the leverage and size you'll put
NFA
educational purpose only
LONG #ORDIUSDT LONG #ORDIUSDT from $64.875
1h TF. The ORDI asset has been demonstrating trading within the framework of an uptrend over the past few days, while trading volumes periodically increase.
During the upward movement, a clear resistance level is formed with an accumulated pool of liquidity, which attracts the attention of buyers.
Before opening a position, I expect accumulation near the level, activity in the glass of applications followed by an impulse.
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.
ORDI Don't Fall Behind! Invest in and Catch the Rising Wave## ORDI Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Total Supply:** 21 billion ORDI (fixed, similar to Bitcoin)
* **Circulating Supply:** Varies (currently around 1.8 billion)
* **Market Cap:** ~$1.3 billion (as of February 12, 2024)
* **Use Case:** Primarily a store of value, similar to Bitcoin, but aims to be more energy-efficient
* **Consensus Mechanism:** Proof-of-Stake (PoS)
* **Launched:** August 2023
**Recent News:**
* **Trading volume surged 50.90% in the last 24 hours (as of February 12, 2024).**
* **Price remains at 28.50% below its all-time high of $89.94 (reached in January 2024).**
* **Some analysts predict ORDI could reach $65 within the week, followed by a potential drop.**
* **Limited discussion and activity observed in online forums surrounding ORDI.**
**Disclaimer:**
* This information is for informational purposes only and should not be considered financial advice.
* Cryptocurrency prices are highly volatile and can fluctuate significantly.
* Investing in any cryptocurrency carries inherent risks and may not be suitable for all investors.
* It is crucial to conduct your own research and due diligence before making any investment decisions.
**Additional Resources:**
* CoinMarketCap: (coinmarketcap.com)
* CoinGecko: (www.coingecko.com)
**Please note:**
* I am not able to offer personalized investment advice.
* You should always consult with a qualified financial advisor before making any investment decisions.
📊#ORDI potential smile structure deserves attention👀🧠We have signs of stopping the decline after a sharp decline, and the current rebound is also very violent. However, if we enter the market now and do long, the profit-loss ratio is not ideal, and the risks we take are also very high. If we can pull back for a while and If a smiling face bullish structure is formed, then our upward momentum will be more sufficient.
Let's try💪
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
ORDI back to $75 breaking out bullish falling wedge patternORDI is moving out a falling wedge pattern and usually leads the price back to the beginning of the falling wedge. There is a resistance level around $75 where ORDI potentially might pullback for a short period before it will continue it's upward price rally. On the short term ORDI could give a potential profit of approx. 38%.
$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.