ORDIUSDT trade ideas
ORDI is going from $70 towards around $550 in January 2024Why?
First off, we are in a bull market that shows no signs of distribution so continuation is more likely.
Secondly, we are in a clear Eliott Wave fifth pattern with waves 1, 2, 3, 4 already done and wave 5 should ensue of a higher mangnitude than wave 3.
Wave 4 was a clear Eliott Wave double three pattern with w, x and triangle in y. Triangle means correction is already done and impulsive wave will follow.
ORDI Bullish Uptrend ConfirmedHappy New Year!
ORDI continues to present bullish uptrend signals. It's possible that we will hit the $100 target very soon.
Once BTC ETF approval is officially confirmed and BTC halving sentiment starts to be priced in, we will be targeting the $500 milestone.
Let's continue building. BRC-20 is here to stay.
Mock Up Price Action for ORDI | Mid Term (12HR)Mock Up Price Action for ORDI | Mid Term (12HR)
- Watching and waiting for opportunity to enter short
Mock Up Price Action for ORDI | Near-Mid Term (4HR)Mock Up Price Action for OKX:ORDIUSDT | Near-Mid Term (4HR)
- Watching and waiting for pump and dump price manipulation short entry
- Taking inspiration from BINANCE:GASUSDT and BINANCE:TRBUSDT
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
$ORDI Sell idea1. We have hit the 90.0 big figure.
2. We have market structure shift in H1.
3. We have run on stops in H1 as well.
4. We have IOFED in H1
5. Targets are the H1 Sellside.
ORDI/USDTWelcome to the exchange rate analysis of the Ordi/USDT pair!
In terms of price action, the identification of the Fibonacci 0.618 level has become an important factor for me, as this zone could act as a strong support for the exchange rate. In the chart I examined, it is clearly visible that the price has stopped and then reversed several times during the uptrend around the Fibonacci level of 0.618, which may suggest that it could be an important level for investors to consider in the trend.
The use of SMAs (Simple Moving Averages) on the chart (SMA 10, 30, 50, 100, 200) provides me with additional information on the price action. The values of the SMAs show that the averages are pointing upwards, which confirms the upward trend of the exchange rate. The overlap between the 50 and 200 SMAs can also be important as a long-term indicator of the direction of the exchange rate.
Applying the Elliot wave structure to the price movement, the 5 wave structure can be clearly identified on the chart. However, this requires further investigation in order to more accurately identify the individual waves and their relationship to the current situation we are examining.
Overall, although a bearish divergence is observed in the RSI, which may indicate that momentum is weakening, the exchange rate is currently near resistance at the top of the channel. In light of this, I expect the price to retest the Fibonacci level of 0.618, however, the continuation of the rising moving averages and the 5 wave structure could also give the price the opportunity for a continued rise.
Please note that this is just a general analysis based on the data and indicators I have examined. I recommend further in-depth research and risk management before making any meaningful investment decisions.
Ordiusdt ... Tecnicall analysis The ordiusdt is moving in its ascending channel, with a little rest, it goes up again, and moves to the top of its ascending channel.
$ORDI | 21 Million Max Supply | BRC NARRATIVE | $160+ POSSIBLEORDI is following a strong trend and is relatively new. According to binance it is the first BRC-20 token - a token built on top of the btc blockchain. This has long term historical significance, even if it is a meme.
Unlocking ORDI's Potential: A Surge Towards New Peaks?Bias: Bullish
Description: ORDI's price action has been consolidating within a horizontal range, forming a solid base above the SMA line. The RSI is trending positively, suggesting a buildup of buying pressure.
Direction: Upward
Entry: A strategic entry point could be considered if the price sustains above the upper range of the consolidation zone, indicating a potential breakout.
Stop Loss: A prudent stop loss can be positioned below the most recent support level within the consolidation range to protect against false breakouts.
Targets: Profit targets might be set at previous resistance levels or at round number psychological levels as the price ascends.
Caution: Investors should monitor for any sudden shifts in market sentiment or volume spikes that could signal a change in trend direction. Additionally, keeping an eye on the broader market trends can be crucial for contextualizing ORDI's price movements.
long $ordia shortterm OKX:ORDIUSDT trade.
think with btc holding its area around $44k ordi is going to push towards range high.
ORDI THE SILENCE BTC with 21m MAX SUPPLYThank you for reading this update.
ORDI can show in the coming time new breaks.
For the short term there is good trend possible that we are going to see ORDI targting new ATH up $29
We expect with time that ORDI can gain the $100
ORDI Over?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#ORDI update.
Took profit on my $8 entry near the 5 of 3 projections.
Entered more on 52.61.
TP on that here as well.
#Elliottwave and TDU giving some corrective vibes here, circled.
65.491 breaks, looking for min a ZZ.
75.349 kills ideal.
🥂
impulse exit to long #ORDIUSDT The instrument is in the game, is in the growth leaders and is trading at increased volumes, the traded volume per day is more than 1 billion, after an upward movement, it entered a 20-day consolidation, as a result of which it formed a cascade of resistance levels on round numbers, the closest near VAH, in a glass large prints for purchase and densities at levels in ideally, I would like to see a local trading and another touch to the level, with a smooth approach, preloading and increasing activity in the glass, I expect an impulse exit to the long with the withdrawal of liquidity beyond the levels. The first take is 72
Mock Up Price Action for ORDI | Mid Term (12HR)Mock Up Price Action for ORDI | Mid Term (12HR)
- Watching and waiting for opportunity to enter short
Polback by continues uptrend(ORDI)❤️❤️Thanks for boosting 🚀 and supporting us!
📈We are in bullish trend with latest movement at break resistance .
📊 (Entry) : 70.58
🔴 Stop Loss : 63.314
🎯 Take Profit : 76.99-84.33-91.42-96.86
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
ORDIUSDT SHORT SCALP : SELL SIGNALLol.. Couldn't have timed my experimental previous post worse.
Immediately after I posted it, ORDI creates a double-top and starts retracing.
This doesn't look like the end-of-run pattern I'd have expected, so not going to suggest that it's entirely done.
It is retracing some, though, so, enjoy.
Ordiusdt0.618 appears to be holding here..
20%~ scalp if we can retest the high from here..
It appears to be a breakout 1daily and weekly candle so the trend very well may continue upwards in price discovery..
ORDI:USDT WHERE'S THE TOP?This post is based on the little information available at the time of its posting, so it's to be taken as speculative. There's not enough previous chart information to make a decent call, but based on the one method I do have that might suggest the best exit level, $110.00 appears to be it.
This is only an exercise in prediction, not trading advice.
I'll update this post if and when it reaches that level or in the event that it runs out of steam before getting there.
PS: THIS IS NOT A BUY SIGNAL!
📊#ORDI is a long structure, be cautious and bearish⚠️➡️In yesterday’s analysis, I mentioned that we broke through the short defense point and the previous high, so we can look forward to a higher target range. When we pulled back to the buy zone, I also made a reminder, The most difficult thing about trading is to overcome your inner fear. When you are dominated by the fear caused by violent fluctuations, you will not strictly implement your trading system. Therefore it is difficult for you to make money in the trading market.
🧠Currently we have encountered certain resistance here, but we have successfully broken the short defense point, so we will continue to maintain the bullish view unchanged. If we are more conservative, we can lock the main profit near the previous high, and then leave a little Some positions are risk-free to expect more. 🙏🎯
⚠️Because we have increased our positions twice, we reduced part of our positions when it was near 58.88, so that we can look forward to the remaining targets without pressure. ☕️
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ORDI/USDTEverything is clear in the chart, how do you see the future? More pump or price drop?
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