ORDIUSDT trade ideas
ORDI - HTF setupEven though it is risky we are looking for this ORDI bid here on the Daily Demand as ORDI comes closer to the possible entry. ORDI in exeption to the other coins has had it's break of structure and we think if ETH is going to turn, ORDI should be relatively strong but remember tomorrow is FOMC day and it is going to get volatile so manage your risk accordingly please.
⚡️ORDI Limit
Entry: $50.01
SL: $43.12
Target: tba
2024/06/10 ORDIUSDT SHORT PLAN (4H)
(1H)
Fakeout happened at resistance of Parallel Channel (blue line)
Price breakout green trendline too
Entry Price: 59.90 (Market)
SL: 62.4 - 62.85
TP 1: 55.2
TP 2: 52.2
ORDI/USDT Critical Retest Is a Bullish Surge on the Horizon?Yello Paradisers! Are you ready for the next big move? ORDIUSDT has caught our attention with an intriguing development. After successfully breaking above a critical resistance level, it is now in the retest phase.
💎 SEED_DONKEYDAN_MARKET_CAP:ORDI has been following a descending resistance for a long time. Recently, it broke above this resistance, making a notable upward move.
💎The price is now retesting the key level at $52.62. If it maintains momentum and holds a strong position above the EMA, there's a high probability of a bullish move.
💎If #ORDIUSDT sustains above this leve $52.62, it could become a strong support, paving the way for further bullish action.
💎If the price fails to sustain above the resistance and loses momentum, we expect a bullish rebound from the lower demand zone at $44.62. This level has significant liquidity, which could fuel a probable bullish move upon a retest.
💎Sustaining above $52.62 and holding above the EMA can lead to a strong bullish move.
💎Failing to hold above $52.62 and dropping below the demand zone at $44.62 would invalidate the bullish outlook, leading to a significant price drop.
Stay focused, patient, and disciplined, Paradisers. The next few moves in ORDIUSDT will be crucial. Let's trade smart and stay ahead!
MyCryptoParadise
iFeel the success🌴
ORDI Cup and HandleFollowing on from my current ORDI setup, we have produced a fantastic cup and handle pattern on daily.
This coincides perfectly with initial setup of reclaiming support and moving average cross.
Has slipped nicely into supply zone and broken out back above resistance for a retest. Increased volume on daily green moves.
Daily 12 and 21 moving averages have crossed.
Current entry at $56
First Target at $95
Invalidation around $46
$ORDI position Continuing to increase my position in SEED_DONKEYDAN_MARKET_CAP:ORDI based on technical analysis and an averaging up strategy.
💰 Average purchase price: $56
Targets:
$199
$250
$300
📊 Key levels to watch:
Support: $51
Resistance: $75.71
SHORT #ORDIUSDTSHORT #ORDIUSDT from $55.411
30m TF. The instrument has formed a local downtrend with a decrease in trading volumes and price maxima along the trend line, which may indicate a manifestation of weakness by buyers. The compression goes to the support level with a few clear touches, followed by the feet of long participants.
I will wait for consolidation near the level and an increase in activity in the glass before the breakdown.
ORDI PERPPETUAL TRADE ,Sold at 61.37
ORDI PERPPETUAL TRADE
ORDI SELL SETUP
Currently 61.41
Sold at 61.37
(Trading plan If ORDI go up to $64 we will add more sell)
Expecting target $58.60 OR down
Incase of early exist will update this anaylsis
Its not a Financial Advice
ORDI PriceDespite the market volatility and selloff this week, ORDI coin continued to tide in the bullish course and continued to emerge gains.
Ordi Bullish ScenarioCryptocurrency prices can change a lot, sometimes very quickly. It's important to be mentally prepared for these ups and downs. It's best to think long-term and not make impulsive decisions based on short-term changes.
Alikze »» ORDI| Return PRZ zoneIn the analysis of the previous post, the alternative scenario occurred and it exited the ascending channel at the 12H time.
💎 But now a multiple compound correction has occurred as seen in the chart.
💎 In the last correction, a 5-wave downward correction was made, which led to channel failure. After that, it faced a demand that is currently suffering in the PRZ area.
Therefore, two behavioral scenarios can be imagined for it in this range.
💎 First scenario: If it can break the current range upwards, it can grow to the specified areas of the next PRZs, which are important areas that can reverse the price.
💎 The second scenario or alternative scenario: But if a break cannot be made in this area and a candle closes above it, the second or alternative scenario will be the continuation of the correction to the next areas.
💎 In addition, if the neck line or the PRZ-1 area is touched, it can create an upward scenario that can re-enter the channel. I will update the post.
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Returning for ORDI wait and see...After stopping me out almost instantly on an idea earlier ORDI has returned back to a key level of interest for me.
Wanting ORDI to hold a key level between 40 and 41.7. If we see this level hold successfully I expect us to 12/21 EMA cross and hopefully some volume behind it. I will be longing this pretty much as soon as this cross happens and be target the $100 area. Provided the market as a whole stays bullish we can expect it blow through this point hopefully heading for a top 50 coin.
So now we wait for confirmation of new trend and prepare.
ORDI/USDT Breakout Alert!! Potential bullish momentum for ORDI.💎 Paradisers, ORDI is indeed showcasing intriguing movements that deserve careful observation.
💎 The successful breakout from the descending channel signifies bullish momentum for ORDI. Currently, the price is potentially preparing to retest the trendline before continuing its upward trajectory toward the supply area of around $55.45.
💎 A successful breakout above this supply zone would confirm ORDI's return to a bullish trend, potentially leading to significant upward movement toward our target strong resistance area.
💎 However, if ORDI encounters resistance at the supply area and receives a strong rejection indicated by a bearish candle, the price may retreat to downward movement.
💎 In such a scenario, ORDI could revisit the support area around $44.60, which coincides with the resistance neckline of the ascending triangle.
💎 ORDI must bounce from this support area and resume its upward trajectory. Failure to bounce, or a breakdown below the support, could signal further downward movement, potentially leading to a test of the Bullish OB area. ORDI needs to reclaim the price above the support area at $44.60 upon reaching the Bullish OB area to maintain bullish momentum.
💎 However, if ORDI breaks below the Bullish OB area, confirmed by a daily candle close below it, it could indicate a bearish trend reversal, leading to continued downward movement.
MyCryptoParadise
iFeel the success🌴
Ordiusdt.... Tecnicall analysis The correction phase in this currency is over, and it can grow well based on technical analysis
ORDI still in accumulation. ORDI like i noted 2 weeks ago had a A&E accumulation pattern and followed through, currently H parallel downchannel looking for a D HL. at D Ema 12,
ORDI reaches the staged target zone📊#ORDI reaches the staged target area✔️
🧠Structurally, we can see that a double bottom bullish structure has been constructed near the buy zone, and we use this structure as support to start the uptrend.📈
➡️The limit order we placed in advance on May 18th successfully hit the entry point on May 24th, and then started a strong rebound. It has now reached the staged target area, so we locked in the main profit in time and kept only a small part. The position is risk-free and looks forward to the final target area (51.639-53.567). ☕️🙏🎯
🎉Congratulations to all the friends who followed Wolf King to print money and received generous rewards.💰🚀🍻
Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it
👋follow me. Learn about further structural evolution💕
BINANCE:ORDIUSDT.P
ORDI Looking Bullish ORDI Looking Bullish, It has been making Higher high and Lower low in 1 hours Chart.
Short term trade can be done here.
Quick Bitcoin Update Hello traders,
Checkout the latest update on Bitcoin. Bitcoin is testing the trendline again and again to keep an eye on that also
ORDI W A&E , D parallel up-channel. H HS ORDI W Adam &Eve reversal ,
D parallel up-channel.
Hourly Head and Shoulders .
Will add a swing sized position for a late laggard in Hourly OS.
. HS target at trendline in H OS.
This is a weaker chart that I am playing for a laggard move . ONce itr breaks above neckline resistance.
I can add more Size on a backtest of Neckline
happy trading
manage your Risk ;)
Can Ordi Print Some Money from Here?I will treat BINANCE:ORDIUSDT like meme coin; it has little utility and should be traded with caution.
However, it was found on the list of top losses, and looking at the chart, it seems like the support at $40/Ordi will hold.
Add your SL accordingly and manage your risk effectively.
What are your thoughts about this analysis?
If this analysis makes sense to you, support my idea and follow me now for more.
Cheers!
ORDIUSDTWe can attempt to buy ORDIUSDT from specified level if it break LH , trendline resistance , also bullish divergence occur indicate that it move upward.
SL , TP mention in chart.
Swept Range Lows now lets reclaim the highsOrdinals has had a fantastic run from November. After reaching nearly $100 it has begun ranging from $40-$80. Its so far been an amazing range to play and has now set up once more. Inflows vs Outflows in the spot-market have just switched positive.
Stoch has bounced of lows and is looking to regain strength.
ORDI often moves independently and before big moves from BTC.
This setup has a very easy invalidation around $36 and could prove to be an easy 6r trade.
