$ORN Ascending Channel Resistance / flip to support trend
Orion protocol has been on a tear since we started talking about it a few weeks ago. It's been nailing our targets. This post is to point out that I noticed a nice fractal that looks like it could play out if we consolidate downwards for the next few days while coiling for an explosive move up! I think the public mainnet launch will be a massive catalyst for...
Looks good for a retrace then bounce back to previous high. Prefer to see a dip back to support over the next two days prior to entry. Tight SL in place if having a go at the break entry here. - High Risk. As always, not financial advice Just my thoughts and TA. Feedback welcomed. Bingaz
Orion protocol's calculator announcement and subsequent pump has resulted in us hitting some expected consolidation and what looks like a pretty clear rising wedge formation. In such a bullish market? This pattern could break upwards, but I'd bet that it's going to test the previous top of the pump wick at exactly $13.00 If I wasn't just accumulating and holding...
Well look what we have here. Orion Protocol is behaving in an incredibly clean manner. After my posed question of "time for a dip", we saw a pretty swift and violent wick down to the .382 fib and a beautiful confluence of the fib paired with the lower .5 pitchfork prong that acted as support. Now we're looking at a pretty ridiculous recovery with ATH's already...
This will happen...and that's that...
An extension and more detail to my previous chart on ORN which you can find here... Don't be a rookie and sell this one too early. You'll regret it. In fact, given the token economics and 16 different revenue streams that can be earned from just holding and staking ORN, why would you ever want to sell it?
Jan 17 2021 announcement Orion Protocol announces a deep integration with Nord Finance across several Orion Enterprise solutions, including: Orion Liquidity Pool, Orion Lending, Orion Oracle, Orion Wallet Swap SDK, and Orion Liquidity Boost Plugin. With a collective mission to ensure the sustainability of DeFi, the two will work together to improve accessibility,...
Terminal launch is imminent - Q1 2021 This has at least $12 target in the short term. Current $53M mcap at $3.13 is TINY! Should be over $200M by March! Possibly the next AAVE in the making!
Word is started to get out on Orion Protocol as problems with high fees and other limitations plague the likes of $UNI, $SUSHI, $1INCH, etc. despite these coins continuing their rapid rise in price and market cap appreciation. Based on the initial run out the gate, going from $1 to $7.75 we can draw a fib retracement line that shows the next target is $7.75 with...
WATCH FOR RSI TOUCH 80 ON THE WEEKLY FOR THE TOP. I THINK A FEW MORE DEPTHS UP TO $ 2.70, THE WALL STREET BET IS HERE NOW ON CRYPTO AND THEY TOOK DOGE AND SEND TO THE MOON , IT'S ABOUT TIME IS ONLY TIME FOR THEY TO FIND ORION. ORION IS THE PIECE THAT WILL TAKE CRYPTO TO ANOTHER LEVEL, REMEMBER THAT ORION IS THE AMAZON IN CRYPTO, BUT NO CUSTODY IS AMAZING. ...