ORDI is attempting to break out of a falling wedge pattern on the daily chart — a classic bullish reversal setup.
Price is currently pushing through resistance near $7.212, signaling possible momentum shift.
If price successfully break above the falling wedge, signals a protentional long opportunity.
Keep an eye on BTC correlation for confluence.
NFA, DYOR
Price is currently pushing through resistance near $7.212, signaling possible momentum shift.
If price successfully break above the falling wedge, signals a protentional long opportunity.
Keep an eye on BTC correlation for confluence.
NFA, DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.