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 trade ideas
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 - Establishing Bullish MomentumOrdi is looking very good with its current setup. Here are the main things that can give credibility to a continued uptrend.
-Price supported at 0.786 of macro trend (blue fib line)
-3D Doji printed on Binance
-Price broke out of short term triangle
-Price retested triangle and is currently holding as new support
-RSI formed a bullish divergence near the lows
-RSI has continued to form a series of higher lows on the 3D
-Price has been closing all 3D candles above our lower white trendline
Alikze »» ORDI | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
- In the analysis presented in the previous post , after reaching the ceiling of the channel, selling pressure was encountered, which led to correction up to the green box area.
- There was a demand in the green box area, which has led to the failure of the supply area and neck line.
- Currently, it has exited the daily medium-term descending channel and is currently moving in a short-term ascending channel.
- It is currently in the supply zone, which can continue its growth with a pullback to the broken structure until the next supply zone.
- Short-term goals are 50, 53, 56, 60 dollars. In case of failure of the 53 dollar area, which is the ceiling area of the ascending channel, it can continue its growth until the supply area equal to the width of the channel.
💎 Alternative scenario: In addition, if it faces selling pressure in the supply range and loses the range of 37.5, it can continue the correction up to the green box range of the bottom of the channel.
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BINANCE:ORDIUSDT
ORDIUSDT: BULL FLAG FORMATION, 30X GAIN EXPECTED!!Join our community and start your crypto journey today for:
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Hello everyone,
I'm curating a list of promising projects to hold for the upcoming bull run.
1. FETUSDT (already posted)
2. ONDOUSDT (already posted)
3. AAVEUSDT (already posted)
4. ANKRUSDT (already posted)
5. ORDIUSDT
Let's analyse ORDIUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
The Ordinals Protocol enables the creation of non-fungible tokens (NFTs) directly on the Bitcoin blockchain. By inscribing data onto individual satoshis (the smallest Bitcoin units), it allows unique digital assets to be represented and traded on Bitcoin's base layer. This approach leverages Bitcoin's security and decentralization, offering a new method for creating digital collectibles and assets. Unlike NFTs on other blockchains, Ordinals operate directly on Bitcoin, ensuring permanence and immutability. As a recent innovation, the Ordinals Protocol opens new possibilities for digital art and asset management within Bitcoin’s established framework.
TECHNICAL ANALYSIS:
ORDIUSDT has exhibited a strong uptrend, likely fueled by its solid fundamentals. The formation of a bullish flag pattern on the weekly chart suggests a continuation of this upward momentum.
Despite a recent consolidation phase, ORDI has demonstrated remarkable growth, gaining over 3000% in just 77 days. This highlights its underlying strength.
Technical Analysis:
Fibonacci Retracement: Key levels identified for potential accumulation based on Fibonacci retracement.
Bullish Flag: The chart pattern indicates a potential continuation of the uptrend.
Buying Levels:
$25.35 to $ 27.94
$16.85 to $ 18.57
Target Levels:
$45.7
$97.5
$214
$355
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Bullish Setup And Wave 3 Is About To Start 📈 Perfect Bull Flag Formed At The Chart By The Clear ABC Formation And Wave C From 2 Completed At 21$ And We Had a Good Bounce From That Area, Currently Seems Wave 3 Is Started ,34$ and 49$ Are Next Important Resistance Levels Before Main Breakout From The Bull Flag Trend Line, Totally ORDI Setup Is Bullish
#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
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**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI ****
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BINANCE:ORDIUSDT
#ORDI/USDT ANALYSIS T: F 4H#ORDI has been trading below its Resistance Zone of $32 for some time now, and the latest price development has pushed it further down to $29.84, below the 200 M.A.
Considering the current scenario the price is expected to continue its Bearish move, most likely to test its previous swing low of around $25.
Hit 🚀 if you guys like my simple-to-understand analysis!
#NFA
#DYOR
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.
Follow me for:
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~ Charts supported by critical fundamentals.
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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#PEACE
ORDIHello, friends!
Today, we are looking at an interesting situation with the ORDI asset. On the chart, we can see that the price has broken through the previous accumulation zone and continues to rise. The important zone for us remains the 29.72-30.55 level, where the price is currently consolidating after a sharp upward impulse.
If the price holds above this zone, we can expect further growth. A potential target is the area around 32.80, which represents about a 10.55% potential profit.
The market looks favorable for growth, so keep a close eye on this level and wait for entry signals!
Buy Trade Idea for #ORDIDescription
Ordi Token (ORDI) is emerging as a significant player in the cryptocurrency market, backed by strong fundamentals and a unique approach to blockchain technology. Key factors that support a buy trade for ORDI include:
- **Innovative Technology:** ORDI is built on a next-generation blockchain that enhances transaction speed and scalability, offering a robust foundation for various decentralized applications (dApps) and smart contracts.
- **Growing Ecosystem:** The ORDI ecosystem is expanding rapidly, with increasing adoption among developers and businesses for building and deploying blockchain-based solutions. This growth is further fueled by strategic partnerships and collaborations.
- **Unique Use Cases:** ORDI provides unique utilities within its ecosystem, such as governance, staking, and transaction fee reduction, which attract both developers and investors looking for versatile use cases.
- **Strong Community Support:** ORDI has cultivated a vibrant and supportive community, contributing to its growing popularity and use. This community engagement is vital for sustaining long-term growth and adoption.
These robust fundamentals position ORDI as a compelling buy opportunity for investors looking to leverage the potential of an innovative cryptocurrency with a growing market presence.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The information provided here is for informational purposes only and should not be considered financial advice. Cryptocurrencies are highly volatile, and market conditions can change rapidly due to economic, regulatory, or other external factors. Always conduct thorough research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and investments can fluctuate in value.