Ordiusdt.... Tecnicall analysis The correction phase in this currency is over, and it can grow well based on technical analysis
ORDIUSDT.P trade ideas
ORDI still in accumulation. ORDI like i noted 2 weeks ago had a A&E accumulation pattern and followed through, currently H parallel downchannel looking for a D HL. at D Ema 12,
ORDI reaches the staged target zone📊#ORDI reaches the staged target area✔️
🧠Structurally, we can see that a double bottom bullish structure has been constructed near the buy zone, and we use this structure as support to start the uptrend.📈
➡️The limit order we placed in advance on May 18th successfully hit the entry point on May 24th, and then started a strong rebound. It has now reached the staged target area, so we locked in the main profit in time and kept only a small part. The position is risk-free and looks forward to the final target area (51.639-53.567). ☕️🙏🎯
🎉Congratulations to all the friends who followed Wolf King to print money and received generous rewards.💰🚀🍻
Don’t forget risk management💯
✔️Trade safe✔️
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BINANCE:ORDIUSDT.P
ORDI Looking Bullish ORDI Looking Bullish, It has been making Higher high and Lower low in 1 hours Chart.
Short term trade can be done here.
Quick Bitcoin Update Hello traders,
Checkout the latest update on Bitcoin. Bitcoin is testing the trendline again and again to keep an eye on that also
ORDI W A&E , D parallel up-channel. H HS ORDI W Adam &Eve reversal ,
D parallel up-channel.
Hourly Head and Shoulders .
Will add a swing sized position for a late laggard in Hourly OS.
. HS target at trendline in H OS.
This is a weaker chart that I am playing for a laggard move . ONce itr breaks above neckline resistance.
I can add more Size on a backtest of Neckline
happy trading
manage your Risk ;)
Can Ordi Print Some Money from Here?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 to you, support my idea and follow me now for more.
Cheers!
ORDIUSDTWe can attempt to buy ORDIUSDT from specified level if it break LH , trendline resistance , also bullish divergence occur indicate that it move upward.
SL , TP mention in chart.
Swept Range Lows now lets reclaim the highsOrdinals 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 from BTC.
This setup has a very easy invalidation around $36 and could prove to be an easy 6r trade.
ORDI ANALYSIS (1D)By examining the ORDI waves, it seems that the large and upward wave C has ended and the price has entered a large correction.
The supply range is the range where we expect downward price rejection.
The target on the chart is the SS line (Static Support).
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
How an expert professional trader analyzes an altcoinHow should I approach trading ORDI/USDT? To analyze this currency, I've chosen to focus on graphic and classic technical analysis. This involves identifying key points like tops and bottoms, support and resistance levels, graphic patterns, and breakout points.
From this analysis, I've identified a strong support zone between $30 to $25. Additionally, I've observed a bearish flag pattern formed since April 8, 2024, indicating institutional selling pressure. This asset tends to strongly adhere to equal tops and bottoms, leading to significant reversals.
In the short term, there's also a descending wedge pattern, although it broke downwards on April 30, causing panic in the retail market. However, there was a quick V-shaped recovery on May 1, 2024, followed by a retest and rejection within the wedge on May 3.
Currently, the price is approaching a resistance level. According to technical analysis principles, it's ideal to sell at resistance and buy at support. Therefore, now might be a good time to sell towards the support at $25.
It's important to note that the bearish trend is confirmed as long as the price remains below the control zone for the past 38 days since April 2, 2024 , signaling institutional liquidity exit.
There are two ways to approach trading here: either buying and selling within the mentioned support and resistance levels, or buying at the breakout of the control point and selling when it's below.
For those willing to take higher risks, selling from the current $37 to $39 range with a stop above the control point at $42 could be an option. Keep a close eye on these price levels and trade wisely.
Disclaimer: Before proceeding, please note that the following information is based on technical analysis and should not be construed as investment advice. Always conduct your own research and, if necessary, seek advice from a financial professional.
$ORDI short to mid-term targets!SEED_DONKEYDAN_MARKET_CAP:ORDI giving very strong bullish signals.As long as no big Btc crashes, expecting 50% gains
ORDI TokenThe Ordinals (ORDI) token price displayed a range breakdown and witnessed severe distribution from the highs
ORDI - A SHORT is short#ORDI/USDT #Analysis
Description
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+ The price is steadily following the channel, and the overall trend is bearish.
+ I don't anticipate this trend changing direction in the near future, so I'm opting for a SHORT trade here.
+ I expect the price to reach the resistance line and then retreat back to the support level.
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VectorAlgo Trade Details
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Entry Price: 38.938
Stop Loss: 42.416
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Target 1: 36.416
Target 2: 34.654
Target 3: 30.995
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Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
ORDI SHORT AND LONG AREASI 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.
ORDI exhuasted?After a good buy print and upward trajectory, we have found that Ordi printed a sell with BTC going down. Our first target is 37.5 and below. DYOR
OrdinalsU thinks its bullish but it's not its super buliish , u have to think that history repeat itself
ORDIUSDTmy 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
Ordiusdt 4 hourFirst tp 50
Second tp between 56 to 62 which is a supply zone
Reason to trade: change in the market structure
Long from cmp
Sl swing low: 37.49
ORDI: buy📊Analysis by AhmadArz:
🔍Entry: 41.51
🛑Stop Loss: 37.84
🎯Take Profit: 45.28 - 50.80
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ORDIUSDT 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.
ORDI- Weekly AnalysisThe 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 analysis of the daily time frame reveals a neutral market sentiment, bolstered by a favorable reading from the Commodity Channel Index (CCI) with a setting of 20. However, the moving averages indicate a strong sell sentiment, reflecting broader market apprehensions. In the weekly analysis, both oscillators and moving averages converge on a sell recommendation for ORDI.
As the halving event nears, the specific dynamics associated with BRC 20 tokens such as ORDI suggest a potential rebound to its prior demand levels, contingent on market response to structural changes and broader economic factors.
