Not much to say here as everything is shown in the chart. Please ignore the timing (usually I'm bad at timing things), however, I think we could see something like this coming weeks/months.
This is just an analysis, i'm not trading this coin if you want to know. I'm interested in other stuff but for those who have interest in Ordi, think right now is a good time...
I have invested and made good money trading SEED_DONKEYDAN_MARKET_CAP:ORDI for a while. I have ridden the rise and sold at $69, missing the peak and feeling bad at the time.
Now my sentiment about SEED_DONKEYDAN_MARKET_CAP:ORDI is very bearish, and I will explain why I will stop trading it. Here are several events that have happened and are red flags:
1. ...
In the analysis of the previous post, the alternative scenario occurred and it exited the ascending channel at the 12H time.
💎 But now a multiple compound correction has occurred as seen in the chart.
💎 In the last correction, a 5-wave downward correction was made, which led to channel failure. After that, it faced a demand that is currently suffering in the PRZ...
#ORDIUSDT
UPDATE
Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze ORDI today.
ORDI has Bullish Flag Formation in 1D time frame.
Expecting 100%+ profit so far🚀
SEED_DONKEYDAN_MARKET_CAP:ORDI
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about ORDI
SEED_DONKEYDAN_MARKET_CAP:ORDI is making the falling Wedge Pattern and almost breakout done. We can see gain here upto 80%+ soon✍
#ORDI #ORDIUSDT #ORDIBTC #ORDIBNB #CRYPTO #SIGNALS
$LEVER AMEX:HIGH ...
📊Analysis by AhmadArz:
🔍Entry: 41.51
🛑Stop Loss: 37.84
🎯Take Profit: 45.28 - 50.80
🔗"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."
🚀Please boost and💬 comment to share your thoughts with us!
I will treat BINANCE:ORDIUSDT like meme coin; it has little utility and should be traded with caution.
However, it was found on the list of top losses, and looking at the chart, it seems like the support at $40/Ordi will hold.
Add your SL accordingly and manage your risk effectively.
What are your thoughts about this analysis?
If this analysis makes sense...
Ordi is dropping hard recently, follow the pattern shown, it should be dipped at 25-19 supprt cluster area, if you would like to buy ORDI and hold it for future, look for these targets for entry.
Ordinals has had a fantastic run from November. After reaching nearly $100 it has begun ranging from $40-$80. Its so far been an amazing range to play and has now set up once more. Inflows vs Outflows in the spot-market have just switched positive.
Stoch has bounced of lows and is looking to regain strength.
ORDI often moves independently and before big moves...
The elliot wave count here is very clear. Lets see how I develops. The low might be in or a few more taps near the low to make the bottom and then moon.
I 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.
my entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
The 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...
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...
