ORDI RANGING PRICE ACTIONBINANCE:ORDIUSDT :
Ordi has been trading within a range for the past months now without making any significant moves either to the upside or to the down side. Looking at the price action of ordi we can see that it has been trading within the price area of $48 to the $96 area without creating any significant high or low.
Also if we take a close look at the price, we can see that the $80 to $84 area is a very strong supply zone which is preventing further price increase, also if we take a closer look we can see that the $48 to $55 area is also a strong support/ demand zone which is preventing the price from going lower.
Inline with the price action, if we use the Fib Retracement tool, taking form the $55 to the $96 price levels, we can see that the 0.618 Fib levels is within the supply zone I mentioned earlier.
CONCLUSION: If the price of Ordi breaks below the $55 price level, we should see the price filling the imbalances at the $30 area. But if the price breaks the $81 level and above, we should see ordi making a new high at the $120 level and above.
(FROM MY POINT OF VIEW, WE SHOULD EXPECT A CONTINUES GROWTH FROM $55 AND BEYOND)..
BINANCE:ORDIUSDT.P
ORDIUSDT.P trade ideas
ORDI UPDATE : NEW SHORT ENTRY TARGET AT $79.50 : ME SORRYIt's explained in the clit, but if you're on a Nokia 5310, the gist of it is that I'm cancelling the previous short.. It's not ready..
It's below my entry, so you shouldn't be running a loss.. But you will if you keep it open..
Please note that I'm not suggesting that you go long..
You're welcome to, but don't do it because I said so.. Trading against the trend is not impossible, but it's tricky, so unless you know your stool, in which case you'd not be reading this and doing your own TA, the safer suggestion would be to look at entering short at $79.50.. (Just realized that this is the second time I've called that level, not that it's a sign from Apollo, just saying..)
If your girlfriend's a disaster you'd rather avoid and you're in need of an excuse to squat over your phone, I got you..
Go ahead and squeeze out a small long.. But literally just the tip..
Any shaft and she'll wake up and you'll end up regretting it..
Be safe out there soldier!
Mwah!
ORDI: TRADE in big reward📊Analysis by AhmadArz:
🔍Entry: 65
🛑Stop Loss: 61.59
🎯Take Profit: 69.28-73.45-77.63-81.92-84.99-89.17-93.46-96.65
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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ORDI/USDT bullish reversal from key support? ? 👀🚀Ordi analysis
💎Paradisers, gear up for a thrilling trading journey with #ORDIUSDT, strategically positioned at a critical support area, hinting at a potential bullish turnaround on the cards.
💎Navigating the #ORDI Landscape:As we delve into the #ORDI narrative, a bounce from significant resistance has been noted. Presently, it encounters a setback at the formidable resistance of $85.151. Anticipation is building for a pivot from the vital support at $73.662. Keeping the momentum in view, our sights are set on attacking the notable resistance level at $115.131.
💎 Preparing for Momentum Shifts:Should the drive behind SEED_DONKEYDAN_MARKET_CAP:ORDI start to wane, stay vigilant for a bullish revival originating from the solid support at $65.529. However, a descent below this crucial threshold could signify a shift towards bearish domains.
💎Strategic Insights for Paradisers:In this dynamic trading environment, maintaining alertness and readiness to adapt strategies in response to SEED_DONKEYDAN_MARKET_CAP:ORDI 's movements is paramount. A keen observation on support and resistance levels will guide your trading decisions, ensuring you're primed for either a bullish breakthrough or adeptly navigating potential bearish shifts. The Paradise Team is by your side, offering insights and support as you embark on this exciting trading exploit.
ORDI has bullish signs!
🎗#ORDI/USDT 🎗
LONG
Leverage: (10.0X)
Entry Targets:
1) 77.29
2) 75.42
Take Profit Targets:
1) 84.14
2) 89.57
3) 95.00
4) 100
5) 105
6) 110
7) 114
8) 118
Stop Targets:
1) 56.12
🟡Chart is speaking it self!
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Thank you for seeing idea .
Have a nice day and Good luck
🔴This is only an idea and not a financial advise ( NFA )🔴
ORDI/USDT New ATH on the Horizon? 👀🚀ORDI 1D Analysis💎Paradisers, brace yourselves for an exhilarating venture with #ORDIUSDT! This contender is positioning itself within a support zone, signaling a potential bullish journey ahead.
💎Recently charting its course along an ascending channel, #ORDI is on the rise. Currently, it's gearing up for a bullish breakout from the $65.25 support zone, poised to breach significant resistance thresholds.
💎With the bullish wave in motion, we're eyeing SEED_DONKEYDAN_MARKET_CAP:ORDI 's next challenge at the $92 resistance zone. A breakthrough here could open the gates to even loftier resistance levels.
💎Conversely, If #ORDI meets resistance and falters, we might see a resurgence from the $53.95 support level. Dipping below this could trigger a significant downturn.
ORDIUSDTLooks like Ordi's making a push to break through that stubborn resistance at 78, but it keeps dipping back to 71 bucks on the third retest. Time to snag it as a spot trade and reap the rewards. I'm diving in for the spot trade myself and also going long with 7x leverage, putting just 3% of my wallet into it. Best of luck to us both!
ORDIUSDT ⭐ Swing TradeHey guys!
This is a swing trade so it means, you go in and get out fast! So, after ORDI has gone through a beautiful uptrend. We can see it started to retrace and what happened was that it created a double bottom which oftentimes leads to a bullish continuation.
We've got a confirmation of the bullish side as the double bottom got broken upwards and also got re-tested back again. So now, we can set as potential target zone the yellow rectangle that has been marked in the chart.
I'll update my trade as it gets played out. All IDEAS I post in my page are all my actual trades that took place BUT I spot crypto not FUTURES so beware on your trade risk tolerance as well as trade management. Make sure to set a STOP LOSS.
All the best,
Kina, the girly trader ⭐
ORDI REQUESTED AS FAVOURITEHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ORDI REQUESTED AS FAVOURITE 📚
👉As we can see price rejected our 50 zone round number and support zone and traded higher in a shape of rising broadening wedge pattern.
Meanwhile, as the price will be approaching our all-time high, lining up with our upper bound of this rising trendline, where we will be looking for new bearish movements, as a correction one.
👉Unless price managed to trade again lower, till the lower rising trendline, lining up with our previous major highs and lows as well, where we will be looking for new longs as a trend-following one
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
a possible harmonic patternAs i am a big fan of trading this kind of structre, i see a strong possibility that this a Gartley harmonic pattern. atm the fibs retracements are straight on point, perfct correction wave B to 0.618, followed by the uptrend to 0.886, fib that indicates the accuracy of this pattern. if so a correction might come. For AVAX chart i first mentioned that 0.786 it can be a first top of C but i am expecting a spike to 0.886 level as is more common for this pattern, spike that can reach 47.4$. If we see a decline in following days Gartley is straight on point. To mention that wave D can take several weeks, wich could coincide with BTC correction before halving. Wave D should be breaking the 0.786 from XA wave to the downside, but i can take the 0.786 as a long signal if the price reaches there. to be continued
Alikze → #ORDI | Descending channel failureAfter touching the third range of the target. It has been moving in a descending channel, after which it succeeded in exiting the channel and after pulling back to it, it is continuing its upward path. According to the structure of this movement, the growth ability is at least 100% of its previous wave. In addition, the defined range that has not been able to break before, if it is reached, there will be a possibility of breaking it and then pulling back and continuing the path until the supply area of the previous major ceiling for that path.
🟩Sup: 59$
⛳️Tp 1:70$
⛳️ Tp2 :75$
⛳️ Tp3 : 80-85$
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