Fundamentally: Orion Protocol is a crazy bullish platform. We're approaching quickly the public launch of the terminal and once people realize the game changing utility of a one stop shop, best price, no KCY market aggregator? This will absolutely rip. 3 figures within a couple months wouldn't surprise me at all.... The $ORN team also keep PUMPING out partnership...
Price action for $ORN has just touched that lower .5 pitchfork prong. As well as a perfect confluence for the previous pennant's top trend line. I think there's quite a bit of FUD in the market right now. We're in a disbelief area of the market cycle... "This is it, it's over, we're going back down now." Staying patient and stacking more of these massively...
I want to re-iterate that I truly believe $LINK is one of the most important and bullish projects in the entire #crypto space. I've talked about in previous posts how $LINK, despite being suppressed by the sell pressure of around 1 million $LINK per week being sold by the #Chainlink team, is still consolidating at around 30 dollars and is fighting towards higher...
We're mostly looking at the right hand chart. It has multiple pitchforks drawn on it, as well as some fib retrace levels focused on short term price action from the past couple weeks! You can see that PA broke out nicely from that symmetrical triangle / pennant pattern. It attempted to fight above the median of the pitchfork but failed, and we now see that it...
I love the 4 hour chart. Last time bitcoin fought back above the 200 ema and then retested it and successfully closed above? We saw a pretty nice run. I get the sense that this $BTC pa is just some coiling of the spring, a consolidation of momentum as we load up for the next run. Obviously things can go south from here for sure. I wouldn't be surprised to see a...
Orion protocol has been on a tear since we started talking about it a few weeks ago. It's been nailing our targets. This post is to point out that I noticed a nice fractal that looks like it could play out if we consolidate downwards for the next few days while coiling for an explosive move up! I think the public mainnet launch will be a massive catalyst for...
Orion is marching towards their platform "station" launch that supposedly is coming out Q1 which will be by end of this month. Technically, we can still see it respecting the crap out of these pitchfork prongs. The pitchfork really works well on a logarithmic chart. PA would need to get above the median an that would take a price of around 15.50 in the short...
If BTC acted like this? I wouldn't be surprised at all. This would also allow Alts to PUMP big time.
Following Chico crypto's video on the Bao finance / sushi swap bullish integrations, this price action is picking up. We've seen this pattern multiple times before, $ALGO comes to mind as one that followed this W shaped pattern. With the right side of the W as a higher high. Once we break above that .0022 level, I would expect the momentum to carry this to...
On the daily heikin chart, we're seeing the first bullish doji forming, which is a sign of indecision and the possible end of this downward trend that we've been in the last week. This 26% correction is fantastic for reloading on fuel for the next push higher. There's almost a 0% chance that 58k was the "top" and that we won't see #Bitcoin push towards the...
Idk if you guys saw the Orion Protocol staking calculator.... but it's absolutely ridiculous. This project has all sorts of momentum, and while the APY rates of $ORN staking might be astronomical? I think that there's quite a bit of realism baked into those rates. Dex's have become very silo'd and there are many efforts to do cross platform resolution of liquidity...
#Chainlink: I wouldn't be surprised to see the PA test the green box area where the previous wicks ended. Below the lower red line, and I'd start to zoom out on time frame and look for fib levels and s/r levels to show some confluence as to where this would bounce. You can also see the bottom of the bollinger bands have some nice confluence with those levels....
Orion protocol's calculator announcement and subsequent pump has resulted in us hitting some expected consolidation and what looks like a pretty clear rising wedge formation. In such a bullish market? This pattern could break upwards, but I'd bet that it's going to test the previous top of the pump wick at exactly $13.00 If I wasn't just accumulating and holding...
Well look what we have here. Orion Protocol is behaving in an incredibly clean manner. After my posed question of "time for a dip", we saw a pretty swift and violent wick down to the .382 fib and a beautiful confluence of the fib paired with the lower .5 pitchfork prong that acted as support. Now we're looking at a pretty ridiculous recovery with ATH's already...
I think it's always important to look at larger time frames when truly considering a long term hold asset like $LINK. Remember fam, we're early investors in one of the most important technologies to the entire crypto space. Looking back on 10 dollar price swings, will be something that we all laugh about in the near future. I will never tell you what to do... but...
I just wanted to point out how ridiculously on point the pitchfork is on the 4hr for $LINK. With a lot of volatility in the market due to the end of month $BTC options expiring, extremely high gas fees and the subsequent chainlink team sales of $LINK in order to pay for the network costs, we saw a pretty violent correction! However! If you're in a spot position...
Fundamentally: $ORN is looking really really strong, here. It's a fantastic project that's aggregating both #Dex and #Cex to provide as much liquidity and lower fees as much as possible for any token swaps. The value that creates is massive and when we see $BNB climb from 40 to 260 dollars!?!? You HAVE to believe that dex projects especially aggregators like Orion...
$LINK isn't pumping like the masses want it to... which for me is totally fine. It's fundamentally one of the strongest projects in all of crypto. Technically! I've really liked the Pitchfork indicator and how the price action has been respecting the pitchfork deviations to a T! The two arrows show the nice perfect touches on that upper .5 div. Currently we're...