ORDIUSDT Poised for a Major Move Bullish Breakout or Bearish ?Yello Paradisers! Are we on the brink of a bullish breakout, or are we facing a potential bearish breakdown with ORDIUSDT? This cryptocurrency has been navigating a descending channel for a while, and it’s now at a critical juncture.
💎#ORDIUSDT is currently testing a crucial demand zone at $34.30. This level is significant because if the price can sustain above it, we might see a bullish breakout from the descending channel. The upper expansion of the channel also hints at growing bullish sentiment. However, as always, caution is warranted.
💎 If the price fails to hold above $34.30, our focus will shift to the next support level at $25.18. A break below this level could signal a bearish shift, invalidating the current bullish setup and potentially leading to a more substantial decline. This scenario underscores the importance of being prepared for both outcomes.
Remember, disciplined and well-planned trading is the key to consistent success. Stay focused and trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
ORDIUSDT trade ideas
ORDI/USDT Triangle Bullish arrow ( Buy ) The triangle pattern has broken through the resistance line on July 27, indicating a potential bullish price movement. This breakout suggests a shift in market sentiment towards a more positive outlook. Over the next 7 days, we could see the price potentially rise towards 53.0260. This target is derived by measuring the height of the triangle at its widest point and projecting that distance from the breakout point. Traders should watch for confirmation signals and consider this potential trend in their trading strategies.
ORDI: wait best for candle🟢 Buy Signal for ORDIUSDT 🟢
📍 Entry Point: 38.89 USDT
🎯 Target Prices:
- TP1: 39.50 USDT 🥇
- TP2: 41.90 USDT 🥈
- TP3: 45.73 USDT 🥉
- TP4: 50.35 USDT 🏆
- TP5: 55.65 USDT 🏆
🔴 Stop Loss: 34.76 USDT
📈 Technical Analysis:
After the price hit the support zone and pulled back to the downtrend line, a favorable position for entering a buy trade has been established. Multiple target prices have been set at different levels.
This analysis are based on the provided chart and may need revision with market changes. Always consider risk management and trade only with capital you can afford to lose. 📊💡
ORDI Buy Trade Idea: Leveraging Ordinals' Innovative PotentialDescription
Ordinal (ORDI) offers a unique investment opportunity backed by its strong fundamental qualities. As an innovative cryptocurrency, ORDI aims to enhance the efficiency and security of blockchain transactions through its advanced protocol design. The project emphasizes scalability, aiming to handle a high volume of transactions while maintaining low fees, making it attractive for both users and developers. ORDI's focus on interoperability ensures seamless integration with various blockchain platforms, fostering a versatile ecosystem. With these robust fundamentals, ORDI is well-positioned for significant growth and adoption in the cryptocurrency market.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own 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 the value of investments can fluctuate widely.
LONG #ORDIUSDTLONG #ORDIUSDT from $39.095 stop loss $38.871
15m TF. Two clear resistance levels were formed on the coin with a lot of touches, behind which the stops of participants who opened positions from them accumulated. There is also a buyer who pushes the price to update the highs, forming an active preload.
I am considering the formation of consolidation and movement due to stops.
1 TP — 39,473
2 TP — 39,850
3 TP — 40,130
MARKET EYES THE $30 PRICE REGIONSThe ORDIUSDT pair is under close scrutiny as it approaches the $30 mark. Here's a detailed analysis for our crypto community:
🔍 Market Trends:
ORDI has been showing signs of weakness, struggling to maintain recent gains.
The current downward momentum suggests potential further declines.
💡 Key Factors:
Technical Indicators: Moving averages and RSI are signaling a bearish trend, indicating potential selling pressure.
Resistance Levels: The key resistance level stands at $33, which has been a tough barrier to break.
Support Levels: There are no significant support levels nearby, making the market more vulnerable to further drops.
📊 Market Sentiment:
Overall market sentiment is turning bearish, with traders cautious about further declines.
Pay attention to any major news or events that could impact market sentiment and price action.
🔔 Trading Strategy:
For Bears: Consider short positions if the price fails to break the $33 resistance level. Target the $30 region, and monitor for signs of continued weakness.
For Bulls: Exercise caution and wait for a clear reversal signal before entering long positions. Without significant support, the market may continue to drop.
Stay informed with the latest analysis and trade carefully. Happy trading!
#ORDIUSDT #CryptoAnalysis #Trading #MarketUpdate #CryptoNews
Alikze »» ORDI | Pullback to the broken area.?🔍 Technical analysis: Pullback to the broken area.?
- It is moving in a downward channel in the daily and 4H time frames.
- In the previous post , price reversal zones were identified, which after hitting PRZ-3, the price reversed and corrected the price up to the set targets.
- At present, according to the downward behavior and structure, the price correction can be continued.
- Therefore, if this price reversal cannot lead to the failure of the region, this reversal can be a pullback to the broken structure.
- So, we expect that the price will face selling pressure in response to the supply, first the price will be corrected to $25 and then the price correction will continue until the green box.
💎 Alternative scenario: if the price can break the supply range and stabilize above it, it can navigate the second movement path and move up to the red box range and the ceiling of the descending channel.
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BINANCE:ORDIUSDT
ORDI price is preparing powerful impulse, the question is where?The #ORDIUSDT price is in a long consolidation, trading volumes are falling, as is possible interest in it.
The delta of trading shows that sales are slightly higher than buying in the consolidation.
Perhaps this consolidation is a preparation for the continuation of super growth, as it was before with a similar but smaller pattern.
But personally, if we were to decide to buy SEED_DONKEYDAN_MARKET_CAP:ORDI , it would be not earlier than in the range of $25-28.
Or would you say that this is already an unrealistic price?)
Write your thoughts in the comments.
#ORDI 113% Potential PUMP, RR 1:13#ORDI Update:
It is one of the few altcoins demonstrating strength by bouncing directly from support and maintaining its position. Higher Highs (HH) and Higher Lows (HL) are evident in the lower time frames (LTF).
- Outlook: Bullish for the upcoming weeks
- Risk-Reward (RR): 1:13 (Highly lucrative)
- Invalidation: A daily close below $24.62
Trade Setup:
Monitor the chart closely for optimal entry points.
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Thank you
#peace
ORDI Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
ORDI/USDT is currently holding support at $25.7. The price is in a downtrend, falling almost 60% from its local high of $65.63.
If the price sustains the primary support levels, we can expect a rebound toward $50 soon. A breakdown below the primary support will likely test the lower support at $18.7.
Key Observations:
Primary Support: $25.7.
Lower Support: $18.7.
Resistance: $50.
RSI: Oversold.
DYOR, NFA.
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ORDI probably bottomed out hereNot much to say here as everything is shown in the chart. Please ignore the timing (usually I'm bad at timing things), however, I think we could see something like this coming weeks/months.
This is just an analysis, i'm not trading this coin if you want to know. I'm interested in other stuff but for those who have interest in Ordi, think right now is a good time to step back in.
Stay safe!
ORDI: effect big candle📊 Token analysis Ordinal done in the style of price cushion, by Ahmadarz analysis team
🚦In the main structure, in the daily time frame, we are in a trading range between the prices of $31 and $95. When I reached this support floor and formed a short-term trading range between the prices of $31.5 and $51, and its failure from the price of $43, a good pump was done. The price went up to $65.
In the continuation of the price trend, since we have reached the middle of this trading range, there is a possibility of returning to the breaking point, i.e. the same price of $42, and if the downtrend line drawn upwards is broken with a codenel with a large body, we can see the price ceiling of $90.
But now I see the downward trend
Upcoming support: 🔺
The most important support is at the price floor of $33
The next support at the break of the last trend is $42
Upcoming resistances: 🔻
The closest resistance: $2.231 as the first target
The most important resistance is: $2.40
💲How to get the trade :
We can enter in the bearish candle created below the trend line.
⬅️Entry: $62.34
🔴Stop: $68.67
🟢Targets: $43 - $55.15 - $57.25
Capital management should be followed because Ahmadarz analytical team is not responsible for your profit and loss. ⚠️
The Popularity of Inscription Track Drops ---- ORDIAt the end of 2023, the popularity of the BTC ecosystem increased rapidly, and various inscription and L2 staking activities appeared. At that time, as the leader of the Inscription track, ORDI once again experienced a rise and was listed on the leading CEX. Coupled with the successful approval of the BTC ETF in January 2024, funds have rapidly pushed up all protocols related to the BTC ecosystem.
ORDI is the native coin of the Ordinals protocol and is also a BRC-20 token. From the perspective of ecosystem, Bitcoin is not as diverse as Ethereum, the activities are relatively primitive, and gas fees are high. Although ORDI and BRC-20 have emerged, they are more like hype, full of meme attributes, and do not have wide application scenarios.
And as the BTC price reaches ATH and a large amount of BTC is released from staking activities, the BTC ecosystem gradually cools down. ETH's entry into the ETF era and the emergence of Runes will further draw funds away from BRC-20.
Although there is still a correlation between the fluctuations of ORDI and BTC, it is far less than before. After BTC hit ATH in mid-March, it remained high and fluctuated. However, ORDI fell sharply. Highs gradually lower.
As we mentioned in the previous article, when a token has a high meme attribute, it will be very suitable for our indicators. At the 4h level, we can see that after experiencing a rebound, the TSB indicator once again gave a SELL signal, with the wavy area providing resistance. With prices now bouncing back near the wavy zone, bears will strengthen again.
We believe that for ORDI, there may still be a good rise in the future, but it is almost impossible to reach ATH.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ORDIUSDTIn this technical analysis of the ORDI/USDT daily chart, we assess the recent market trends, evaluate crucial support and resistance levels, and interpret key technical indicators to forecast the potential price trajectory.
Key Observations:
1. Current Price and Movement:
• ORDI/USDT is trading at $40.24, showing a significant daily increase of 5.37%. This uptick suggests a resurgence of buying interest.
2. Support and Resistance Levels:
• R1 (Resistance Level 1): $65.76 - Represents a significant resistance where previous attempts were capped.
• S1 (Support Level 1): $31.53 - This is the immediate support, likely bolstering the price from further declines.
3. Technical Indicators:
• MACD (Moving Average Convergence Divergence): The MACD line is below the signal line but shows a narrowing gap, suggesting decreasing bearish momentum and potential for a bullish reversal.
• RSI (Relative Strength Index): At 51.13, the RSI is in a neutral zone, indicating neither overbought nor oversold conditions, providing room for movement in either direction.
Analysis and Conclusion:
The recent price increase in ORDI/USDT, coupled with the MACD and RSI dynamics, presents a cautiously optimistic scenario. The rise to $40.24 could be the start of a recovery or a short-term rebound. The immediate challenge lies at R1 ($65.76), which ORDI must overcome to confirm a stronger bullish trend.
However, the key to sustaining this momentum will be maintaining support at $31.53. A drop below this level could negate the bullish outlook and steer the price towards testing lower thresholds, potentially signaling a broader bearish trend.
For traders and investors, the strategy would involve closely watching how ORDI interacts with these technical levels. The narrowing MACD suggests a possible bullish crossover soon; hence, an increase in volume could confirm the potential for further gains. Conversely, traders should remain vigilant for any signs of reversal, especially if the price struggles to maintain above S1.
In summary, ORDI/USDT is at a pivotal juncture where its ability to sustain recent gains and challenge upper resistance will dictate the market’s direction in the near term. Monitoring these developments, alongside broader market influences, will be crucial for making informed trading decisions. Always consider integrating stop losses and risk management techniques to safeguard investments in this volatile environment.
The trend has shifted from bullish to bearishThe trend has shifted from bullish to bearish, and the price is dropping significantly. There is a strong supply zone that could trigger another downward wave upon contact. The scenario suggests that if the price reaches this resistance area, we should look for confirmations to move downwards.