Ordi/Usdt IdeaThe ORDI/USDT pair appears to be on the verge of a breakout, with the price currently trading within a triangle pattern on the 4-hour timeframe. The price action is showing strength, suggesting a potential breakout in the near future. In case of a successful breakout from the triangle pattern, there is a possibility of a 30-50% bullish move expected in the price.
Please note that this is not financial advice, and it is important to conduct your own research (DYOR) before making any trading or investment decisions.
Ordiusdt
Ordinals | ORDI & Brc20 The live Ordinals price today is 15 usd with a 24hour trading volume of 60 million dollar. Ordinals is up 24% in the last 24 hours
but what is ORDI and BRC20? BRC20 is an experimental token standard that enables the minting and transferring of fungible tokens via the Ordinals protocol on the Bitcoin blockchain
after the Bitcoin Ordinals protocol launched in January 2023, enabling NFTs to be inscribed on satoshis , there has been curiosity about whether fungible tokens could be created on Bitcoin. BRC20 token standards were created in March 2023 by a pseudonymous programmer named Domo to make minting fungible tokens on Bitcoin possible.
The first BRC20 token deployed was called Ordi. Bitcoin wallets quickly deployed tooling to support BRC20 tokens. Numerous other BRC-20 tokens, many of which are meme tokens, were launched in the months after. As of May 2023, some BRC20 tokens have experienced astronomical price increases and obtained significant market caps, the demand for BRC20 tokens caused Bitcoin transaction fees to surge and caused significant congestion on the Bitcoin network. you probably think but we already had Erc20 so what the...well BRC20 tokens exist on the Bitcoin network, while ERC20 is a standard on the Ethereum network. BRC20 tokens don't use smart contracts and, therefore, have much less functionality. On the contrary, ERC20 tokens can interact with other protocols and applications to enable a wide range of services, including borrowing and lending.
ERC20 is a mature token standard with a massive number of ERC20 tokens already created and widely used. Conceived in 2015 and officially recognized in 2017, ERC20 tokens have been battle tested and proven to function stably. That's not the case with BRC20 tokens, whose future has a high degree of uncertainty, despite the hype, BRC-20 tokens have little utility at present
now lets see why Ordi just pumped, OKX just announced the listing of ORDI, and will open deposits at 18:00 on the 20th, and open spot transactions after the deposit amount meets the transaction requirements. ORDI is the first BRC20 asset, with a total of 21 million. Affected by this announcement, its price rose by more than 24% in 1 hour. The current price is around $15, and its market value is $313 million now
Ordi can hit 15.5 , 16 and 16.5 for now
ORDI: buy in support📊Analysis by AhmadArz:
🔍Entry: 58.724
🛑Stop Loss: 56.508
🎯Take Profit: 60.87-63.06-66.023
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#ORDI/USDT#ORDI
The price is moving in a downward channel on a 4-hour frame and is bouncing from the support area in green
We have an upward trend in blue that has touched the price
Our RSI indicator has a trend that is about to break to the upside
Entry price is 61
The first goal is 65
Second goal 71
Third goal 78
ORDI: long in trend📊Analysis by AhmadArz:
🔍Entry: 65.34
🛑Stop Loss: 63.53
🎯Take Profit: 67.119 - 68.96
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ORDI/USDT Long Trading Opportunity!ORDI/USDT SPOT LONG ENTRY🍀
Leverage: 1x
Entries: $65.876
Take profit 1: $69.848
Take profit 2: $78.020
Take profit 3: $89.478
Stop Loss: $61.369
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:ORDIUSDT
Thanks
The sroced.
Ordi/usdt idea The Ordi/USDT pair is currently showing signs of attempting a breakout above the trendline resistance. The overall market trend is bullish, leading me to anticipate a breakout in the near future. In the event of a successful breakout, a bullish move of 50-100% is expected. It is important to note that this information is not to be construed as financial advice. Remember to conduct your own research (DYOR) before making any investment decisions.
ORDI/USDT - Bouncing back from the supportBINANCE:ORDIUSDT (1D CHART) Technical Analysis Update
ORDI is currently trading at $68.261 and showing overall bullish sentiment as the price bouncing back from the support. We have good opportunity for Long trade as we can expect the price to hit the resistance line.
Entry level: $ 68.261
Stop Loss Level: $ 55.12
TakeProfit 1: $ 75.84
TakeProfit 2: $ 84
TakeProfit 3: $ 96
Max Leverage: 3x
Don't forget to keep stop loss.
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ORDI RANGING PRICE ACTIONBINANCE:ORDIUSDT :
Ordi has been trading within a range for the past months now without making any significant moves either to the upside or to the down side. Looking at the price action of ordi we can see that it has been trading within the price area of $48 to the $96 area without creating any significant high or low.
Also if we take a close look at the price, we can see that the $80 to $84 area is a very strong supply zone which is preventing further price increase, also if we take a closer look we can see that the $48 to $55 area is also a strong support/ demand zone which is preventing the price from going lower.
Inline with the price action, if we use the Fib Retracement tool, taking form the $55 to the $96 price levels, we can see that the 0.618 Fib levels is within the supply zone I mentioned earlier.
CONCLUSION: If the price of Ordi breaks below the $55 price level, we should see the price filling the imbalances at the $30 area. But if the price breaks the $81 level and above, we should see ordi making a new high at the $120 level and above.
(FROM MY POINT OF VIEW, WE SHOULD EXPECT A CONTINUES GROWTH FROM $55 AND BEYOND)..
BINANCE:ORDIUSDT.P
ORDI: TRADE in big reward📊Analysis by AhmadArz:
🔍Entry: 65
🛑Stop Loss: 61.59
🎯Take Profit: 69.28-73.45-77.63-81.92-84.99-89.17-93.46-96.65
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ORDI/USDT bullish reversal from key support? ? 👀🚀Ordi analysis
💎Paradisers, gear up for a thrilling trading journey with #ORDIUSDT, strategically positioned at a critical support area, hinting at a potential bullish turnaround on the cards.
💎Navigating the #ORDI Landscape:As we delve into the #ORDI narrative, a bounce from significant resistance has been noted. Presently, it encounters a setback at the formidable resistance of $85.151. Anticipation is building for a pivot from the vital support at $73.662. Keeping the momentum in view, our sights are set on attacking the notable resistance level at $115.131.
💎 Preparing for Momentum Shifts:Should the drive behind SEED_DONKEYDAN_MARKET_CAP:ORDI start to wane, stay vigilant for a bullish revival originating from the solid support at $65.529. However, a descent below this crucial threshold could signify a shift towards bearish domains.
💎Strategic Insights for Paradisers:In this dynamic trading environment, maintaining alertness and readiness to adapt strategies in response to SEED_DONKEYDAN_MARKET_CAP:ORDI 's movements is paramount. A keen observation on support and resistance levels will guide your trading decisions, ensuring you're primed for either a bullish breakthrough or adeptly navigating potential bearish shifts. The Paradise Team is by your side, offering insights and support as you embark on this exciting trading exploit.
ORDI/USDT New ATH on the Horizon? 👀🚀ORDI 1D Analysis💎Paradisers, brace yourselves for an exhilarating venture with #ORDIUSDT! This contender is positioning itself within a support zone, signaling a potential bullish journey ahead.
💎Recently charting its course along an ascending channel, #ORDI is on the rise. Currently, it's gearing up for a bullish breakout from the $65.25 support zone, poised to breach significant resistance thresholds.
💎With the bullish wave in motion, we're eyeing SEED_DONKEYDAN_MARKET_CAP:ORDI 's next challenge at the $92 resistance zone. A breakthrough here could open the gates to even loftier resistance levels.
💎Conversely, If #ORDI meets resistance and falters, we might see a resurgence from the $53.95 support level. Dipping below this could trigger a significant downturn.
ORDIUSDT ⭐ Swing TradeHey guys!
This is a swing trade so it means, you go in and get out fast! So, after ORDI has gone through a beautiful uptrend. We can see it started to retrace and what happened was that it created a double bottom which oftentimes leads to a bullish continuation.
We've got a confirmation of the bullish side as the double bottom got broken upwards and also got re-tested back again. So now, we can set as potential target zone the yellow rectangle that has been marked in the chart.
I'll update my trade as it gets played out. All IDEAS I post in my page are all my actual trades that took place BUT I spot crypto not FUTURES so beware on your trade risk tolerance as well as trade management. Make sure to set a STOP LOSS.
All the best,
Kina, the girly trader ⭐
Alikze → #ORDI | Descending channel failureAfter touching the third range of the target. It has been moving in a descending channel, after which it succeeded in exiting the channel and after pulling back to it, it is continuing its upward path. According to the structure of this movement, the growth ability is at least 100% of its previous wave. In addition, the defined range that has not been able to break before, if it is reached, there will be a possibility of breaking it and then pulling back and continuing the path until the supply area of the previous major ceiling for that path.
🟩Sup: 59$
⛳️Tp 1:70$
⛳️ Tp2 :75$
⛳️ Tp3 : 80-85$
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ORDI UPDATE : NEW SHORT ENTRY TARGET AT $79.50 : ME SORRYIt's explained in the clit, but if you're on a Nokia 5310, the gist of it is that I'm cancelling the previous short.. It's not ready..
It's below my entry, so you shouldn't be running a loss.. But you will if you keep it open..
Please note that I'm not suggesting that you go long..
You're welcome to, but don't do it because I said so.. Trading against the trend is not impossible, but it's tricky, so unless you know your stool, in which case you'd not be reading this and doing your own TA, the safer suggestion would be to look at entering short at $79.50.. (Just realized that this is the second time I've called that level, not that it's a sign from Apollo, just saying..)
If your girlfriend's a disaster you'd rather avoid and you're in need of an excuse to squat over your phone, I got you..
Go ahead and squeeze out a small long.. But literally just the tip..
Any shaft and she'll wake up and you'll end up regretting it..
Be safe out there soldier!
Mwah!
ORDI Support Channel upORDI perform strong bullish wave inside channel up pattern since Jan 25th, and this pattern still continue.
Right now, ORDI reach channel up support at 59.260 this level also as fibonacci .628 support
We can follow bullish wave from this support and aim for 23% profit at previous resistance at 73.384, with maximum target only at fibonacci 1.414 at 79.294 (strong resistance level)
I will update this analysis if i found any new keylevel.
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