Where to buy ORDI safely?This idea is not a call for shorting at all. The market is still quite strong, at least at the time of writing this idea.
This idea should be viewed as a warning that the price of ORDIUSDT has risen strongly in recent months.
Consolidation has been going on during December, and the delta of trading shows that sales are prevailing in this consolidation.
The bounce up from support is weaker each time.
If ORDI fails below $48, it will open the way for the price to fall to one of the three targets:
1) $35-36
2) $26-27
3) $20-21
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ORDIUSDT trade ideas
ORDI looks bearishLooking at the ORDI waves, we seem to be in a contractionary reverse triangle.
Now we seem to be in wave e of C of this triangle.
We expect to move from the red box to complete waves D and E and then fall to the FVG range.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
THIS IS RENGE in short-term (ORDI)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Currently, we are in a range and we can trade bilaterally, but since this currency is considered risky, we should enter with caution.
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
ORDI completed setup for upto 24.50 pumpHey dear friends, hope you are well, and welcome to the new trade setup of ORDI with US Dollar pair.
Recently we caught almost 270% pump of ORDI as below:
Now on a 2-hr time frame, ORDI formed a bullish BAT setup for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
💻 Ordi (ORDI) Analysis: Range Holding, Accumulation Spot.An analysis of Ordi (ORDI) suggests range holding, a potential accumulation spot, and identifies key levels, offering insights for market participants.
Key Insights:
Range Holding: Ordi is observed to be starting to hold a range low at $42.5 to $46.
Accumulation Spot: The analysis highlights that holding this range low could present a favorable spot for accumulation.
Key Levels: A hard stop is suggested at $36.88, with this level considered significant in risk management.
ORDI - 1D Bullish SetupOrdinals has already seen a major uptick in price, but currently we are forming a doji after 2 red days. This means the price could experience another run to the upside. On top of that, the RSI is right at the 70 level which if it can stay above it would be a perfect setup for a bounce.
ORDI Price MovementAs of December 6, 2023, ORDI was trading at $65.03, which was a 2.7% increase from the previous day. ORDI has also seen a 232% increase over the past week. The token's trade volume has also increased by 85% during this time, reaching $2.3 billion.
ORDI is a Bitcoin-based meme coin that has been following Bitcoin's price action. This means that if Bitcoin's rally stops, ORDI may also stop rising. This could cause the price of ORDI to drop to $55 or even $50.
ORDI has been the top performing asset in the top 100 cryptocurrencies. In the past three months, ORDI has increased by 1,432%.
ORDI has a Market cap of about $1.16 billion with a 24-hour trading volume of about $2.28 billion and a Circulating supply of 21 million ORDI.
ORDI's Chart pattern indicating a Falling Wedge. Will wait for a retest before buying the dip.
#ORDI Wait For ConfirmIn an ascending behavior, a diamond pattern is forming. Therefore, if there is a reversal confirmation candle in the red box area and it leaves the pattern until the specified areas, you can enter the sell position. So keep an eye on it for now and if approved, we will enter into the sale transaction.