ORDI COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVE NEAR ME !!ORDI Coin Update & Possible Moves Near Me !!
• Price look overbought on 4h &1D Chart & 1h chart structure look bearish.
• Correction expected Near me !!
• Support & resistance are clear on a chart.
If you take any future short trade then make sure to set stoploss or use minimume fund...
• Near me this project looks like a scam & whale manipulation is high on it..
• if you did not do proper risk management before taking trade on it ...then may be you will get rekt🤐
ORDIUSDT trade ideas
Ordinals (ORDI) Records All-Time High Amid Bullish BreakoutORDI hits an all-time high with a golden ratio and bullish momentum. RSI and MACD signals add confidence for traders.
Ordinals (ORDI) price has recently made headlines with its impressive market performance. A recent analysis shows ORDI price movements have revealed the golden ratio per Fibonacci retracement. This positioning is crucial, as it often indicates a potential for price bounce, marking an opportune moment for traders to consider entry.
Moreover, in the last 24 hours, bullish momentum has had the upper hand, with the price soaring from an intra-day low of $21.01 to an all-time high of $29.35. Consequently, ORDI has recorded the most gains ranking first in the CoinMarketCap top gainers.
ORDI/USD price chart
Bullish Indicators Strengthen Confidence in ORDI
Moreover, reinforcing the bullish perspective is a critical technical indicator. The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) on the 4-hour chart exhibit bullish trends.
Notably, the RSI is at 90.24, suggesting an overbought condition, which may signal a potential price pullback. However, this is coupled with positive momentum from the MACD, indicating sustained buyer interest and the likelihood of continued price appreciation.
Market Structure Points to Upcoming Breakout
The market structure of ORDI adds further weight to the bullish sentiment. The asset has been consistently registering higher lows, a pattern often preceding a breakout from the prevailing trendline, followed by the formation of a higher high. This pattern indicates bullish solid momentum and is a critical factor for traders to consider in their strategic planning.
Recent price action on the 1-hour chart has provided tangible benefits for strategic traders. Confirming a trendline breakout offered a compelling entry point, optimally utilized by taking profits at the recent swing high. This move highlights the importance of timely market entry and exit strategies in maximizing returns.
ORDIUSDTThere's been a bullish rally, which has had everyone speculating about new projects such as ORDI in the crypto scene. after reaching a high of 27.99 in mid-November, it has been accumulating volume, preparing for it's next bull phase. On the daily TL we see a divergence formed from 02/11-24/11 indicating that price might be ready to move to a new high. Expect to see a lot of activity on Monday 27/11, or over the weekend as the crypto market is open 24/7.
📊ORDI double bottom target area is achieved, chase with caution🤯Unfortunately, I paid attention to it before it started to rise. When the small double bottom was established, I wanted to wait for a correction to appear and buy at a better entry price, but the ideal situation did not happen. trading is like this, always wandering in search and miss. But we can't impulsively trade because of the rapid moves. If we can stabilize back near the resistance area again, I will consider buying long, otherwise it will be interesting to watch it go to the moon.☕️
Ordi "Bullish Momentum Alert: Buy LTC for Maximum Gains!"Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
ORDI target 7.6ORDI is creating a potential symmetrical structure, which is corresponded to left wave from 8.04~2.8(12th July 23" ~ 23rd Sep 23"). Secondly, ORDI got support at 0.618 Fibonacci Projection. Moreover, higher high trend is making for a while and it's clear to set SL for opening long.
TP: 7.6 / 8.68
SL: 4.45