ORN (LUMIA) Potential breakout from consolidationWith the recent pump accompanied by the new LUMIA token, we could be seeing ORN (LUMIA) on track for a trend reversal.
Observations to note:
> Breakout of channel with strong volume support
> Bitcoin post-halving early altcoin movement
> ORN (LUMIA) market cap currently sub $100 mil. means there is a lot of room for growth accompanied by high volatility.
Price levels to watch:
$2.30
$3.30
all respective fib retracements from prior ATH notably the 0.236
ORNUSDT trade ideas
Trading Signal For ORNUSDT Trading Setup:
A Trading Signal is seen in the ORNUSDT Orion (Spot) (Daily)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.882
⭕️SL @ 0.678 (-35%)
🔵TP1 @ 1.512 (+45%)
🔵TP2 @ 1.938 (+85%)
🔵TP3 @ 2.768 (+165%)
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Trading Idea: Potential 100% Profit Opportunity in ORN/USDTOverview: ORN/USDT is currently showing a potential reversal signal from recent lows, backed by multiple indicators that suggest a possible upward momentum. By analyzing the support level, recent buy signals, Bollinger Bands, and Parabolic SAR, there is an opportunity to enter a long trade with the target of a substantial profit.
1. Entry Strategy:
Entry Price: Buy ORN around the recent buy signal level ($0.90-$0.95), where the indicator has shown a bounce from oversold territory.
Confirmation: Wait for the price to break above the middle Bollinger Band and for the Parabolic SAR dots to flip below the price, confirming the upward trend.
2. Profit Target:
Target Price: Set a target of approximately $1.80, which aligns with the next major resistance level, close to a 100% upside from the current price.
Rationale: This target takes advantage of a potential recovery toward previous resistance levels while leveraging current oversold conditions to capture a large move.
3. Stop Loss:
Stop Loss Level: Set a stop loss at $0.80, just below the recent lows. This level serves as a critical support point, and if broken, would invalidate the bullish setup.
Risk Management: The stop loss is tight, around 10-15% below the entry, to ensure that losses are minimized if the setup does not play out.
4. Supporting Indicators:
Bollinger Bands: Price is near the lower Bollinger Band, suggesting an oversold level. A move above the middle line would confirm a shift in trend.
Parabolic SAR: Wait for the SAR dots to appear below the price, which would signal trend confirmation.
NATR: Monitor NATR; if volatility increases, it could suggest a strong upward momentum, supporting the possibility of a rapid price movement.
5. Additional Notes:
Trend Confirmation: This setup is contingent upon a confirmed upward break; if the price stays below the middle Bollinger Band and SAR does not flip, it’s best to wait.
Risk/Reward Ratio: This trade has a favorable risk/reward ratio, aiming for a large upside while keeping risks contained.
Conclusion
By entering near $0.90-$0.95 and targeting $1.80, there is an opportunity to capture a significant move. This trade idea hinges on a bullish confirmation in trend signals. Always exercise risk management and adjust the strategy based on price action developments.
ORNUSDT (OrionProtocol) Updated till 29-09-24ORNUSDT (OrionProtocol) Daily timeframe range. finally its moving from its local low. not much of hold up till 1.813 if volume stays it can reach there. even if volume drops it needs to stay above 1.324 to see a push.
Orion Going Bullish Based On EMAs (5,000% Growth Potential?)This week, Orion Protocol on its Tether pairing, ORNUSDT, is moving above five of the exponential moving averages we use to track the Altcoins market. These are EMA8, EMA13, EMA21, EMA34 and EMA55. The week closes tomorrow and closing above these, above 1.26 - 1.33, would confirm a major bullish signal.
At the same time this is happening, we have a strong RSI on the weekly timeframe, a reading above 50, as well as a very strong higher low, clearly shown on the chart by the rising prices.
These signals are telling us mainly one thing; Orion Protocol is ready to resume the bullish move that started in late 2023. The first target would be an easy 238%. There is more of course, and this is shown on the chart. The new All-Time High can produce 3,300% to 5,300%, but this is long-term.
Thank you for reading.
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Namaste.
ORN - Daily - heading UpORN is forming a bull flag ... note that this a daily chart ... the "pole" was created early this year ... I expect a great performance for ORN
ORN/USDT NEW INCREASE VOLUMEORN/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
ORNUSDTWe can attempt to buy ORNUSDT from specified level as it making HL , also 0.5 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
Long-Term Accumulation Strategy for ORNUSDTIn this analysis, we focus on a long-term accumulation strategy for ORNUSDT.
Accumulation Zones:
$1.3760: Identified as an accumulation entry point for 10-20% of your position. Potential price movement of approximately 15-20%.
$1.1676: Stronger accumulation zone for an additional 5-10%. Potential price movement of 25-30%.
$0.9000: Critical demand zone, optimal for accumulating 10-20% of the position. Potential price movement of 40-50%.
Distribution Zones:
$2.1343: First major distribution zone for partial distribution of accumulated assets (1-5%). Potential price movement of 55%.
$4.8434: Next distribution zone for further distribution (5-10%). Potential price movement of 250%.
$7.5525: Higher distribution zone, ideal for 10-20% distribution. Potential price movement of 450%.
Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones.
Volume Analysis: Increased volume at support levels indicates strong buying interest and validates accumulation zones.
Current market sentiment shows a mix of consolidation with potential bullish reversal signals, supported by the harmonic pattern and volume spikes at lower levels.
This long-term accumulation strategy for ORNUSDT focuses on systematically entering positions at identified accumulation zones and distributing at key distribution zones. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio.
Additional Details about Orion Protocol (ORN):
Market Cap: Approximately $60 million
Fundamentals: Orion Protocol is a liquidity aggregator that integrates major exchanges into one decentralized platform, offering improved liquidity and reducing the risk of slippage for traders.
Potential: Increasing adoption of DeFi and the need for efficient liquidity solutions.
Orn / UsdtBINANCE:ORNUSDT
🔖Price : Breakout (Spot Bag) Long term🔖
📑IF Btc Retrace or reverse then buy the Orn coin avoid trade these days📑
📑When to buy we need strong btc reverse to buy 📑
🛑Stop loss : I said don't buy right there.Always use stop loss 10% use your own way🛑
⚠️Disclaimer : I am not Financial advisor⚠️
ORNUSDT Will It Hold the Line or Break Down Further?Yello, Paradisers! Are you prepared for the next big move in #ORNUSDT?
💎#ORN is currently moving within an ascending pattern, signaling that the price might test the demand area at $1.58 before attempting to break through the resistance at $1.87. The last time ORN attempted a breakout, it ended in a fakeout, leading to a significant downward movement. For a continued upward movement to our target strong resistance area, a breakout of the $1.87 resistance is crucial.
💎However, if ORN fails to show strength when testing the demand area and breaks the support trendline, we could see the price continue downward toward the strong demand area between $1.29 and $1.13.
💎Historically, ORN has always rebounded and reversed upwards upon hitting this strong demand area. If this scenario plays out again, there's a good chance the price will rebound and attempt another breakout of the resistance area.
💎On the flip side, if the price breaks through the strong demand area, it would invalidate the bullish scenario and likely result in a further dip.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
Orion (ORN) - Bullish divergenceOn the above 4-day chart price action has corrected 98% since 26 dollars.
Is now a better opportunity from that one published in January @ 1 dollar? (linked)
At this time:
1) Price action and RSI resistance breakouts plus backtests confirmations.
2) Strong bullish divergence as measured over 60 days. 8 oscillators print positive divergence with price action.
3) What was said above is also true for the ORN-BTC pair.
4) The falling wedge breakout prints on legacy support. It is from here the flagpole is used to measure the target, which is also the golden ratio @ 6 dollars or thereabouts.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: act now
Return: 1100% / $6
ORN Could Pump from Here BTC hovering around 60k poses a significant resistance. If BTC faces rejection, ORN could potentially dump to the next red line or even lower.
I've entered a position here with a stop loss in place.
I'll consider buying again if it drops to the next red line. 📉
RISKY trade - I only enter with 1% or 2% of my portfolio
ORNUSDT 1D#ORN has bounced from the trend line and EMA 200 on the daily chart. It is facing MA100. RSI and MACD are bullish. So, we think it will go up. Targets are:
$1.8255
$2.1745
$2.4565
$2.7385
$3.1401
$3.6516
Support is around the trend line and $1.2614 level which is EMA200 and MA200
SasanSeifi 💁♂ORN/ A Long-Term Bullish Outlook Hey there,✌
ORN has been on an upward trend since the $0.50 range in the long term. After breaking the long-term downtrend line, the price fluctuated from $0.70 to $1 for a while. Then, with the crossing of this range, the uptrend resumed and the price is currently trading in the range of $2.50. and is moving above the desired EMA. Considering the demand zone at $1.50, we expect further price growth in the supply zones of $3.50 and $4 in the long term. To better understand the continuation of the trend, we need to see how the price reacts to these levels. Of course, maintaining the demand zone at $1.50 is very important for the continuation of the uptrend. The possible upward trend of ORN is shown in the above image. On the other hand, if the price breaks below the $1.50 range, the probability of a deeper correction increases.
Remember, this is just a technical analysis and not financial advice. Always do your research before making any investment decisions.⚠
I hope this analysis was helpful! If you have any questions, feel free to ask.✌
Cheers to a profitable future!🙌
Orion breaking outOrion has has broken and confirmed its uptrend in breaking the triangle upward. Expecting the price to go to at least 3.20 range.
ORN NEW INCREASE VOLUMEORN shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is at basic choice on daily trends.
ORN USDT Take profitsTP1 & TP 2 for the ORN based on the 1H TF
crossing levels with a candle body means that we can aim for even higher based on my calculations!
good luck
ORN/USDT Break the resistance or ORN will Retesting Phase!💎 ORN has recently undergone significant market dynamics. Presently, ORN is encountering resistance at a local resistance area.
💎 If ORN successfully breaks above this resistance and closes above it daily, it could signal further upward movement for the price, potentially reaching our target area.
💎 However, if ORN fails to break above the resistance soon, there is a possibility that the price will decline and retest the demand area around $1.38 to gather new momentum.
💎 Upon reaching the demand area, ORN must bounce if it intends to continue its upward trajectory. However, if ORN breaks below the demand area, it could indicate a bearish trend reversal, leading to further downward movement in price.
