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ORDI / TetherUS

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ORDIUSDT trade ideas

ORDI - buy the dipSo after we maked some profit (40%) on the previous analysis : it's time for a new breakdown, Especially after the price took a dive this week following the market correction. We now have a strong up-trendline on the daily timeframe alone with the formation of a bullish CUP and Handle pattern. in summary , the price is currently at the bottom. and the upcoming target are as follows : Target 1 : 39.50$ (12%) Target 2 : 43.80$ (25%) Target 3 : 50% (50%) Target 4 : 74.50 (120%) StopLoss ? i haven't set a stop loss, but any daily close bellow the trendline (blue line) will start to worry me.I'll keep you updated . BINANCE:ORDIUSDT CRYPTO:ORDIUSD BINANCE:ORDIUSD
Long
by KIRA-LFH
2
Can #ORDIUSDT Bulls Sustain this Bullish Momentum or Not?Yello, Paradisers! Can #ORDIUSDT bulls sustain the current bullish momentum or not? Let's look at the latest analysis of #ORDI to see what's happening: 💎#ORDI is trading within a descending channel formation, a clear technical pattern indicating a persistent downtrend over the past months. With the price breaching descending resistance near the channel, the upcoming movements will be decisive in shaping ORDI’s trajectory for the foreseeable future. 💎The immediate resistance to watch is $66.20, which aligns with the descending channel’s upper boundary. A daily close above this resistance level would confirm a breakout, signaling the potential beginning of a bullish trend reversal. Such a move could drive the price toward the major resistance zone near $100, attracting fresh buyers and sparking renewed market confidence. 💎On the other hand, failure to break above $66.20 could result in the price retracing toward the $35.85 support level, which has previously acted as a strong demand zone. A bounce from this level would provide bulls another opportunity to reclaim momentum and challenge the resistance once again. 💎However, if ORDI closes below the $29.19 demand zone, it would invalidate any bullish case, paving the way for further downside. In this scenario, we could witness an extended drop toward lower levels around $18, reinforcing the bearish outlook and shaking out weak hands. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon