ORNUSDT trade ideas
$ORN will send itseems like correction has been cleared, lets see how price works in this triangle lads
ORNUSDT Bullish DivergenceORNUSDT Bullish Divergence
ORNUSDT was in the correction phase since March 23, 2021, and now we can see a clear Bullish Divergence in the market. The market could not break the level 15.5 below and rejected two times. We may see Bullish Three Dive Pattern and then to the moon.
I am expecting an ATH at level 40.000.
If you are in this trade, please do proper risk and money management.
ORN accumulation is done for next rallyOrion has very strong fundamentals in the coming weeks and ORN has a very low market cap of $300 Million only as compared to other DeFi coins. The margin & lending testnet will release in Q2 and the margin & lending mainnet will launch before Q3. DeFi coins start moving and we see a good rally in ORN in the coming weeks.
Buy Zone: $16.5 - $17.5
Target: $19.7 - $22.6 - $24.5 - $26.2 - $29.3 - $33.4 - $37.2 - $39.7 - $42.5
$ORN: Impatient are selling. I'm buying dips. Orion Protocol terminal launch = sell the news event.
Bull flag pattern with small break downwards and now bouncing of the .786 fib like 6 times in a row. Wouldn't be surprised to see it quickly wick down as a "shakeout / capitulation" event before reclaiming the flag pattern and then continuing on its way towards all time highs.
For me? this is a buy and hold. Spot. You want to hold as much $ORN as possible for Q2 staking. Once the staking rewards are made evident by people showing how much money they're printing.... the fomo will begin again.
ORN's breakout until 13th April ?Hi guys, this is my first post here on tradingview and I hope that you'll find it interesting.
I'm not an expert and my analysis may be wrong and this is not a financial advice.
After drawing the trend and connecting support and resistance levels, Fib Retracement helped me to find a very bullish triangle waiting to build up. I think that if we have the confirmation of the pattern in the following days, we can easily breakout and retest the $19.5-$20 support, to confirm the parabolic that is about to happen.
I bought ORN at 16.3 and i think that was the very bottom for now, if we manage to break the triangle.
Let me know what you might think! Have a great day <3
BUY ORNUSDT AT A DISCOUNT, EXPECTED RETURN +60% NEXT WEEKHello everyone,
this is my 7th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of ORNUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 2H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find ORNUSDT is in the compressed mode (actually very compressed) and you will see that it has very strong long-term trend, it doubles on average every 50 days (I usually use average logarithmic return to reach this result) which means that you are buying a very strong crypto-asset at discounted price, which I consider a bargain especially in a bull market.
with all that said my conclusion is that ORNUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them with your circles or you can just tip me through my ORN wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
thanks
Mustafa
🌧️ ORN Possible ReversalAfter the release of their trading terminal, ORN has been in a huge selloff (typical sell the news scenario). However, the retracement has been going on for longer than expected and there is still huge sell volume, causing ORN to be kind of oversold right now. According to Binance's order book depth, there's a huge wall of buy orders at around $17.4, so we can expect the reversal to occur around there. Meanwhile, selling pressure is decreasing, and faces a significant wall at around $19.5 - $20.0.
Following the Fibonacci retracement, we can expect the price of ORN to continue its retracement to around the $16.5 - $18 zone, which we can target to buy in. Should you choose to do so, make sure to watch the Average True Range to set your stop losses below any wicks of the next Fibonacci line.
As it stands, ORN stands to gain around 50% with a risk:reward ratio of around 1:6 due to huge overselling as confirmed by the Relative Strength Indicator approaching the lows for both 4h and 1D time charts.
While ORN currently faces terminal issues with their servers, in the long term we see good things on their roadmap like more trading pairs and liquidity, as well as the release of staking which will allow passive income on the ORN platform, giving a bullish outlook for April.
Buy: $16 - $18
Stop loss: $15.5 (Watch ATR)
Take profit: $24.7 - $29.7
Note: This is not financial advice, and is simply an opinion. Always remember to do your own research.
🆓Orion Protocol/USDT Analysis (3/4) #ORN $ORNORN is falling sharply and the 18$ zone is a good support that can push ORN back to 22$ zone. If it could conquer the 22$ zone, it will back to the uptrend to move up to 25$ and 33$ zone
I think it has not been ready to move up yet but will keep moving down to 14$ zone
📅EVENTS
👉Apr 2 : ORN/ADA Partnership
👉Jun 30 : Liquidity Pool Launch
👉Jun 30 : Margin & Lending Testnet
👉Jun 30 : DEX Kit Official Launch
👉Jun 30 : VC Fund Launch
👉Sep 30 : Margin & Lending Mainnet
📈BUY
-Buy: 17.6-18.4$. SL B
-Buy: 13.7-14.3$. SL B
📉SELL
-Sell: 21.5-22.5$. SL A
♻️BACK-UP
-Buy: 21.5-22.5$ if A. SL B
-Sell: 25-26$. SL A
-Sell: 32.5-33.5$. SL A
-Sell: 17.6-18.4$. SL A
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
ORNUSDT (ORION PROTOCOL) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- ORNUSDT is bounded in the descending channel (DC).
- Price is testing the descending channel support.
- The impulsive downtrend move is bounded in the falling wedge (FW) pattern.
- A falling wedge pattern is a bullish reversal pattern.
- RSI is printing a bullish divergence signal.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Descending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the descending channel support.
ORNUSDT (02-04-2021)The market is currently around 19.000 which is a key region that contains a minor key level and a daily level. There are currently no significant bullish divergences, but locally you can see weak bearish divergences indicating the market will continue down or at least consolidate for a short period before going back up.
Ideally, if the market continues more downwards we will be in a region of major confluence and it's likely that we will see the formation of strong bullish divergences.
ORNUSDT GANNSQUARE + FIB READY FOR A MOONSHOT TO $40?
We are currently accumulating ORN/USDT at the 20-25$ price range. The trend is still very bullish. I think that we are ready after a little retracement for a moonshot towards 35-40$.
Holding ORN since 2,20$. Not feeling to sell it anytime soon!
$ORN: Status check. Waiting on Terminal launch!Hey yall hope you've been accumulating more $ORN before it goes on its rocket trip. As you can see price action has been forming a giant bullish pennant formation. With a downward consolidation between those tightening top and bottom trend lines. We've also seen a smaller lower trend line forming inside this, with 3 consecutive wicks bouncing off that lower line. The 3 scenarios I expect to happen I've drawn in green for the most bullish orange for meh.... and red for most pain.
Fundamentally the terminal launch will be massive, and if it's anything NEAR what we expect it to be? It's going to change the way we trade. I know for a fact that one of the hardest hurdles for new people getting in to crypto is navigating all the different exchanges and swaps and dex's in order to buy the crypto that they're interested in. Orion Protocol's Terminal will change everything. Very very exciting. I expect price to go on a decent run, but to be subdued until we get to the staking.... once staking hits some time in Q2? Sheeeesh. It's gonna go.
ORNUSDTAnalysis up on #ORNUSDT
Hello friends.
one more interesting chart, here we have a DeFi player also showing an interesting chart, bullish flag near trendline support suggests to me we might continue to the upside from here, for possible sub 40% move.
ORNUSDT long Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank.
