ORDI is going from $70 towards around $550 in January 2024Why?
First off, we are in a bull market that shows no signs of distribution so continuation is more likely.
Secondly, we are in a clear Eliott Wave fifth pattern with waves 1, 2, 3, 4 already done and wave 5 should ensue of a higher mangnitude than wave 3.
Wave 4 was a clear Eliott Wave double three pattern with w, x and triangle in y. Triangle means correction is already done and impulsive wave will follow.