#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
#ORDI
SEED_DONKEYDAN_MARKET_CAP:ORDI
#ORDIUSDT
#ORDIUSD
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**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI ****
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BINANCE:ORDIUSDT
ORDIUSDT trade ideas
#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.
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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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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.
Ordinals | Accumulation Zone Briefly Activated (How To Trade)If just by a tiny bit, the "accumulation zone" for Ordinals has been activated. This is the yellow pattern drawn on the chart.
Ordinals is great but we are now looking at technical analysis and not fundamentals.
The drop on the 5th of August marks a major milestone. While not the end of the corrective move, it does signal that change is soon taking place. Volume was low on the drop; the correction is reaching its end.
We can say the correction ended but within the accumulation phase there can be swings and even lower lows. This is likely what is coming next.
There can be small swings to the upside as well but nothing major until next year, because this is one of the big pairs.
So, to be safe, wait for lower prices... Once lower prices are in, Nov.-Dec., we can consider jumping in. Like this, we secure lower long-term risk.
Lower prices can translate into higher, long-term potential profits.
Patience is key.
Ordinal is not ready yet, but in 2025, definitely a sure win.
Namaste.
ORDI analysis Going to be starting BINANCE:ORDIUSDT.P with this All-Time Fibonacci
note the v.POC confluence with 0.5 Fib.
Focus on the current weekly candle structure; specifically, will we close above or below the previous sweep level at 25.8 ?
Volume node rotation visualized here:
You may also notice the 1D Sell-Side at 16.3, which may present an opportunity for longs if we lose the current low.
Showing the 1W S.F.P., but as a 30m F.A. with all the key levels to be watched. Starting with the local 0.5 Fib & v.VAL down to the poor lows & All-Time 0.786 Fib.
Also note the DMI at the bottom, D+ (green) crossing over D- (red) is a significant signal for bullish price action when combined with structure. For example: the crossover occurrs during a sweep of the 4H S.S. while creating a good low.
May act like dynamite go boom.
25 Day CC correlation is 0.95, require BTC to flip bullish first.
ORDIUSDT.1DIn my latest technical analysis of the ORDI/USDT daily chart, several critical indicators and price movements offer a nuanced perspective on potential future price action. First and foremost, it's notable that the Moving Average Convergence Divergence (MACD) is displaying a bearish momentum, as indicated by the MACD line residing below the signal line. The separation between these lines suggests that the bearish trend could persist in the short term.
The Relative Strength Index (RSI) is currently at 34.12, nearing the oversold territory but not quite there yet. This suggests that while the selling pressure has been significant, there could be room for more downside before the market considers the asset truly oversold and due for a potential rebound.
Examining the price action, ORDI/USDT has experienced a notable decline, establishing a recent low at $17.57, which I am considering as the current critical support level (S1). Looking forward, if this support holds, it may act as a springboard for a price correction or consolidation phase. The resistance levels to watch are at $44.82 (R2) and initially at $17.57 (R1), which is now a pivotal point for any bullish recovery.
Given the current technical setup, I predict that if the price manages to stabilize and rebound from the S1 level at $17.57, we could see a movement towards R1. This would require a shift in market sentiment and potentially positive developments related to the asset itself. However, should the support at $17.57 fail to hold, it would likely lead to further declines, potentially testing even lower historical supports.
In conclusion, the ORDI/USDT market currently shows bearish tendencies with a close watch on the $17.57 support level. A break below this level could exacerbate the bearish sentiment, while stabilization and a bounce back could pave the way for a retest of higher price levels. Traders should remain cautious and monitor these key technical levels closely, adjusting their strategies based on confirmed price actions and indicator signals.
ORDI buy/long setupThe ORDI symbol has a bearish structure and the price is expected to reach the main demand.
A good demand range is ahead and above the price, in which we look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
ORDIUSDT CORRECTION TO THE $30Hello Traders,
I'm currently watching ORDIUSDT and I expect an interesting price movement in the coming days.
Key Levels:
Current Price: $26.88
Support Level: $24
Resistance Level: $30
Analysis:
Price Action: The price has been exhibiting a bearish trend recently, and I anticipate a drop to the $24 support level. This level has shown historical significance as a strong support zone.
Indicators:
RSI: Currently indicating overbought conditions, suggesting a potential for further downside.
MACD: Showing bearish divergence, supporting the case for a correction.
Volume: Decreasing volume on the recent uptrend indicates weakening buying pressure, which aligns with the expected drop.
Candlestick Formation: Watch for the formation of a bullish Luftwing candle around the $24 level. This specific candle pattern typically marks the beginning of significant buy interest, indicating a potential reversal.
Strategy:
Entry Point: Look for potential buy opportunities around the $24 support level, especially if a bullish Luftwing candle forms. This could be an ideal entry point if the price shows signs of reversal.
Target: $30. This is a key resistance level and could be the next target after the anticipated bounce from $24.
Stop Loss: Consider placing a stop loss below $22 to manage risk effectively.
Conclusion:
Keep a close eye on the $24 level for potential buying opportunities. The formation of a bullish Luftwing candle at this level could signal the start of a rally towards $30. As always, manage your risk and trade safely.
Happy Trading!
@thelastluftwaffe
ORDI analysis (12H)From where we placed the red arrow on the chart, it seems that ORDI's correction has started.
This correction appears to be a diametric as we now appear to be in wave e.
From the supply range, it can be rejected downwards.
We are looking for buy/long positions on the green range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$ORDI/USDT pessimistic outlook, I do not invest anymore.I have invested and made good money trading SEED_DONKEYDAN_MARKET_CAP:ORDI for a while. I have ridden the rise and sold at $69, missing the peak and feeling bad at the time.
Now my sentiment about SEED_DONKEYDAN_MARKET_CAP:ORDI is very bearish, and I will explain why I will stop trading it. Here are several events that have happened and are red flags:
1. SEED_DONKEYDAN_MARKET_CAP:ORDI was created in March 2023 by Domo, an enigmatic blockchain analyst; he just posted it on Github, and it was adopted by the team developing Bitcoin code. Binance launched it nobody knows why,
2. SEED_DONKEYDAN_MARKET_CAP:ORDI does not have a proper website. The founder didn't make money out of it and is not supporting it.
3. SEED_DONKEYDAN_MARKET_CAP:ORDI does not have an identified legal entity, no budget, no tokenomics, no roadmap, and no ecosystem.
4. SEED_DONKEYDAN_MARKET_CAP:ORDI now has RUNE (not the Thorchain CRYPTOCAP:RUNE ), which has a questionable name and seems to be a modification of BRC-20 to make money out of it. I personally think that it is shady.
So SEED_DONKEYDAN_MARKET_CAP:ORDI is a VERY HIGH investment risk, manipulated by Binance, with no team, and no future, to be honest. Worse, RUNE seems to be a takeover by Casey Rodarmor, a Bitcoin dev, and the name he has chosen is not compatible with any exchange because it already exists with a top 50 token that is older and succesful!
What the hell is going on?
I think that $95 is the all-time high for this coin for its lifetime, which will dump into oblivion before the end of this bull run, with no fundamental attached to it, I do not see what can save it.
Of course, I might be wrong; some magic could happen, and some pump might occur, but the signs of imminent death are already showing. It has dumped 66%, one of the worst performances of all the top 100 cryptos since its ATH. It is not recovering.
Conclusion: Be very careful with this coin. It has been short-lived and is probably in the process of dying.