Get started
Long

ORN : Consolidation for next leg up

By crossedfingers1
Updated
ORN recently launched on Coinbase and had a nice runup preceding it. As usual with CEX listings, price dumps shortly after going live. ORN now looks to be consolidating in what I believe to be an accumulation area and if BTC does not collapse, the next leg up for ORN should come soon.
Note
Looking for the blue support to hold and then continuation

snapshot
Note
ORN chart still progressing as hoped. Now looks like a small double bottom which should take us back to recent $10.4 top.

snapshot
Trade closed manually
Chart PatternsORNORNUSDT
crossedfingers1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.