ORDIUSDT trade ideas
ORDI - A SHORT is short#ORDI/USDT #Analysis
Description
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+ The price is steadily following the channel, and the overall trend is bearish.
+ I don't anticipate this trend changing direction in the near future, so I'm opting for a SHORT trade here.
+ I expect the price to reach the resistance line and then retreat back to the support level.
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VectorAlgo Trade Details
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Entry Price: 38.938
Stop Loss: 42.416
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Target 1: 36.416
Target 2: 34.654
Target 3: 30.995
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Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
ORDI SHORT AND LONG AREASI am interested in ORDI short area at first and if we get a pullback I would like to enter in Long area 2, and I'll enter with a small pos.
Confluence for opening position:
Low tf bearish or bullish RSI (5,15 or 30min)
Strong reaction.
I'm learning crypto, let me know what you think about my levels.
ORDI: buy📊Analysis by AhmadArz:
🔍Entry: 41.51
🛑Stop Loss: 37.84
🎯Take Profit: 45.28 - 50.80
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ORDI- Weekly AnalysisThe BRC 20 token, Ordinals Protocol, registered as the most significant market decliner of the week with a precipitous drop of 39.80%. ORDI plummeted to a price low of $38.844, marking its nadir since the first week of December. Currently, ORDI is trading at $41.95, endeavoring to recuperate within a weak demand zone defined by the $38-$43 price range.
Technical analysis of the daily time frame reveals a neutral market sentiment, bolstered by a favorable reading from the Commodity Channel Index (CCI) with a setting of 20. However, the moving averages indicate a strong sell sentiment, reflecting broader market apprehensions. In the weekly analysis, both oscillators and moving averages converge on a sell recommendation for ORDI.
As the halving event nears, the specific dynamics associated with BRC 20 tokens such as ORDI suggest a potential rebound to its prior demand levels, contingent on market response to structural changes and broader economic factors.
ORDIUSDT. The seller has reached targets The seller has reached their targets from the previous review - 55.2 and 49.
On the daily timeframe, there is a sideways market, and the seller's vector 7-8 has hit all targets. The price touched the lower boundary of the sideways market at 40.685 and showed a bullish reaction. I am observing the actions of the buyer. There is a threat for purchases - the seller's zone with a lower boundary at 51.532 (red background).
On the hourly timeframe, there is a downtrend. The beginning of the last seller's impulse is at 54.68. Notice how the buyer cannot overcome 50% of the seller's last impulse (46.84).
I will be looking for a selling opportunity from the seller's zone on the daily timeframe.
Pay attention to the 5-minute timeframe. There is a sideways market. If the buyer attacks point 4 of the sideways market (49.88) and enters the zone of 51.532 (while on the hourly timeframe, the buyer does not absorb the last seller's bearish bar), and then the seller defends 49.88, we can look for sales to play against the opposite boundary of the 5-timeframe sideways market and possibly update the local minimum.
ORDIUSDT. Looking for salesOn the daily timeframe, there is sideways movement. The bearish vector 7-8 is relevant.
On the hourly timeframe, there is sideways movement. The bearish vector 11-12 is relevant.
I believe that we will see a bearish movement.
Sales should be looked for in the red zones - seller zones (blue zones - buyer zones).
Targets on the hourly timeframe - 61, 60.
Targets on the daily timeframe - 55.2, 49.
ORDI SHORT TRADE DOWN TO $30.00The title says it..
In the same way BIGTIME tanked so spectacularly around new year, this coin will go the same way..
Sell it from the current price down to a TP at $30.00..
This is an extension of my previous ORDI signal, and is essentially still the same trade, only with an updated target..
Alikze »» ORDI | Ready to break the resistance zoneIn continuation of the previous post, which marked an upward wave, it is currently moving in an upward channel, and currently the range of the resistance zone is $75, which is also located in the midline of the channel.
🔰 With the failure of this zone, it will have the ability to grow up to the previous range and the ceiling of the channel as well as the specified supply zone.
⚠️ If this range is not broken, it can correct up to Fibo 61.8 in the range of $62.
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Ordi/Usdt IdeaThe ORDI/USDT pair appears to be on the verge of a breakout, with the price currently trading within a triangle pattern on the 4-hour timeframe. The price action is showing strength, suggesting a potential breakout in the near future. In case of a successful breakout from the triangle pattern, there is a possibility of a 30-50% bullish move expected in the price.
Please note that this is not financial advice, and it is important to conduct your own research (DYOR) before making any trading or investment decisions.