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ORDI / TetherUS

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ORDIUSDT trade ideas

Bullish on ORDII am Bullish on ORDI, It's kind of a proxy play to BTC but I feel it has more upside. In my chart you well see not only the T.A. supports a bullish case but the fact that it seems the miners or starting to see the kind of TX fees they can make on top of BTC rewards. In a side note I feel that TX fees can reduce selling pressure for BTC that can make the price go up because less BTC is on the market, but it could make the price go down; because the miners can stay whole with out having to get top dollar for BTC. Anyways; If you notice in the chart not only the T.A. is bullish, and if in fact; it's a proxy play to BTC the then time to hold any BRC-20s is from 12\25\23 in to 1\15\24 do to the ETF hype that may come from now to the middle of January. So PLZ let me know what you think of my take. P.s. The green bars are one option, and the yellow are another.
Long
by david1389292
ORDI/USDT is in a bullish trend.Based on the chart, there are several bullish patterns that could suggest the price of BINANCE:ORDIUSDT is poised for further upward movement. Here are a few indicators: Ascending Triangle : The price action is forming an ascending triangle, which is a continuation pattern that typically indicates a potential breakout to the upside. Rising Volume: The volume of trading has been increasing over the past few hours, which often accompanies bullish breakouts. Price Breaking Above Support : The price has recently broken above a key support level at 48.905 USDT. This level was previously acting as a constraint on the uptrend, and its breakout suggests that the upward movement may have gained momentum. If the price can sustain its gains above this level, it could further bolster the bullish sentiment. In the event of an upward breakout, the target price ranges from $105 to $110. Good Luck
Long
by petitebud
✴️ Ordinals | Grows 2,337% In 86 DaysI love Ordinals. I love everything Bitcoin. Here we have a very interesting chart for an amazing project. You can ignore the wave count on the left as this is a complex correction, the count there is for appearance only. When it comes to the predictive power of the Elliot Wave Theory system, we have enough when we can spot a perfect 5-wave count. This 5-wave count can be seen perfectly depicted here as a 5-up wave. 👉 Ordinals (ORDIUSDT) grew 2,337% within 86 days. The peak 6-December is likely the top based on the simple fact that we already experienced massive growth. We have the 5-wave count, highest volume on wave 3, check; decreasing volume and finally a bearish cross on the MACD: ➖ Bearish cross as the MACD comes down from an All-Time High. The RSI peaked 7-Nov which means we have a months long bearish divergence as well... This is all pretty standard. If the correction turns into an irregular one there can be a slight higher high before lower prices. Regardless of the near short-term, a correction is expected to develop within 1-3 weeks maximum but in truth it is already happening. Thank you for reading. Namaste.
Short
by AlanSantana
Where to buy ORDI safely?This idea is not a call for shorting at all. The market is still quite strong, at least at the time of writing this idea. This idea should be viewed as a warning that the price of ORDIUSDT has risen strongly in recent months. Consolidation has been going on during December, and the delta of trading shows that sales are prevailing in this consolidation. The bounce up from support is weaker each time. If ORDI fails below $48, it will open the way for the price to fall to one of the three targets: 1) $35-36 2) $26-27 3) $20-21 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
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