Ordi to 25$-19$Ordi is dropping hard recently, follow the pattern shown, it should be dipped at 25-19 supprt cluster area, if you would like to buy ORDI and hold it for future, look for these targets for entry.
ORDIUSDT trade ideas
#ORDI 113% Potential PUMP, RR 1:13#ORDI Update:
It is one of the few altcoins demonstrating strength by bouncing directly from support and maintaining its position. Higher Highs (HH) and Higher Lows (HL) are evident in the lower time frames (LTF).
- Outlook: Bullish for the upcoming weeks
- Risk-Reward (RR): 1:13 (Highly lucrative)
- Invalidation: A daily close below $24.62
Trade Setup:
Monitor the chart closely for optimal entry points.
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Thank you
#peace
ORDI Long opportunity- Sellside Liquidity has been taken
- Price dipped into the 3D FVG.
- Our target is Buyside Liquidity combined with the 3D FVG on the uspide.
ORDI Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
ORDI/USDT is currently holding support at $25.7. The price is in a downtrend, falling almost 60% from its local high of $65.63.
If the price sustains the primary support levels, we can expect a rebound toward $50 soon. A breakdown below the primary support will likely test the lower support at $18.7.
Key Observations:
Primary Support: $25.7.
Lower Support: $18.7.
Resistance: $50.
RSI: Oversold.
DYOR, NFA.
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ORDI probably bottomed out hereNot much to say here as everything is shown in the chart. Please ignore the timing (usually I'm bad at timing things), however, I think we could see something like this coming weeks/months.
This is just an analysis, i'm not trading this coin if you want to know. I'm interested in other stuff but for those who have interest in Ordi, think right now is a good time to step back in.
Stay safe!
ORDI PriceORDI token had made a double bottom pattern and displayed signs of reversal, investors have guided their attention to it and are looking to bet on it to ride with the reversal.
ORDI: effect big candle📊 Token analysis Ordinal done in the style of price cushion, by Ahmadarz analysis team
🚦In the main structure, in the daily time frame, we are in a trading range between the prices of $31 and $95. When I reached this support floor and formed a short-term trading range between the prices of $31.5 and $51, and its failure from the price of $43, a good pump was done. The price went up to $65.
In the continuation of the price trend, since we have reached the middle of this trading range, there is a possibility of returning to the breaking point, i.e. the same price of $42, and if the downtrend line drawn upwards is broken with a codenel with a large body, we can see the price ceiling of $90.
But now I see the downward trend
Upcoming support: 🔺
The most important support is at the price floor of $33
The next support at the break of the last trend is $42
Upcoming resistances: 🔻
The closest resistance: $2.231 as the first target
The most important resistance is: $2.40
💲How to get the trade :
We can enter in the bearish candle created below the trend line.
⬅️Entry: $62.34
🔴Stop: $68.67
🟢Targets: $43 - $55.15 - $57.25
Capital management should be followed because Ahmadarz analytical team is not responsible for your profit and loss. ⚠️
The Popularity of Inscription Track Drops ---- ORDIAt the end of 2023, the popularity of the BTC ecosystem increased rapidly, and various inscription and L2 staking activities appeared. At that time, as the leader of the Inscription track, ORDI once again experienced a rise and was listed on the leading CEX. Coupled with the successful approval of the BTC ETF in January 2024, funds have rapidly pushed up all protocols related to the BTC ecosystem.
ORDI is the native coin of the Ordinals protocol and is also a BRC-20 token. From the perspective of ecosystem, Bitcoin is not as diverse as Ethereum, the activities are relatively primitive, and gas fees are high. Although ORDI and BRC-20 have emerged, they are more like hype, full of meme attributes, and do not have wide application scenarios.
And as the BTC price reaches ATH and a large amount of BTC is released from staking activities, the BTC ecosystem gradually cools down. ETH's entry into the ETF era and the emergence of Runes will further draw funds away from BRC-20.
Although there is still a correlation between the fluctuations of ORDI and BTC, it is far less than before. After BTC hit ATH in mid-March, it remained high and fluctuated. However, ORDI fell sharply. Highs gradually lower.
As we mentioned in the previous article, when a token has a high meme attribute, it will be very suitable for our indicators. At the 4h level, we can see that after experiencing a rebound, the TSB indicator once again gave a SELL signal, with the wavy area providing resistance. With prices now bouncing back near the wavy zone, bears will strengthen again.
We believe that for ORDI, there may still be a good rise in the future, but it is almost impossible to reach ATH.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ORDIUSDTIn this technical analysis of the ORDI/USDT daily chart, we assess the recent market trends, evaluate crucial support and resistance levels, and interpret key technical indicators to forecast the potential price trajectory.
Key Observations:
1. Current Price and Movement:
• ORDI/USDT is trading at $40.24, showing a significant daily increase of 5.37%. This uptick suggests a resurgence of buying interest.
2. Support and Resistance Levels:
• R1 (Resistance Level 1): $65.76 - Represents a significant resistance where previous attempts were capped.
• S1 (Support Level 1): $31.53 - This is the immediate support, likely bolstering the price from further declines.
3. Technical Indicators:
• MACD (Moving Average Convergence Divergence): The MACD line is below the signal line but shows a narrowing gap, suggesting decreasing bearish momentum and potential for a bullish reversal.
• RSI (Relative Strength Index): At 51.13, the RSI is in a neutral zone, indicating neither overbought nor oversold conditions, providing room for movement in either direction.
Analysis and Conclusion:
The recent price increase in ORDI/USDT, coupled with the MACD and RSI dynamics, presents a cautiously optimistic scenario. The rise to $40.24 could be the start of a recovery or a short-term rebound. The immediate challenge lies at R1 ($65.76), which ORDI must overcome to confirm a stronger bullish trend.
However, the key to sustaining this momentum will be maintaining support at $31.53. A drop below this level could negate the bullish outlook and steer the price towards testing lower thresholds, potentially signaling a broader bearish trend.
For traders and investors, the strategy would involve closely watching how ORDI interacts with these technical levels. The narrowing MACD suggests a possible bullish crossover soon; hence, an increase in volume could confirm the potential for further gains. Conversely, traders should remain vigilant for any signs of reversal, especially if the price struggles to maintain above S1.
In summary, ORDI/USDT is at a pivotal juncture where its ability to sustain recent gains and challenge upper resistance will dictate the market’s direction in the near term. Monitoring these developments, alongside broader market influences, will be crucial for making informed trading decisions. Always consider integrating stop losses and risk management techniques to safeguard investments in this volatile environment.
The trend has shifted from bullish to bearishThe trend has shifted from bullish to bearish, and the price is dropping significantly. There is a strong supply zone that could trigger another downward wave upon contact. The scenario suggests that if the price reaches this resistance area, we should look for confirmations to move downwards.
Short Position on ORDI/USDTThe token structure is bearish and volumes are high! Sell position is the best option:
Sell @ : 45.50
SL : 47.5 ( Above resistance )
TP 1 :44.00
TP2 ; 42.00
Let me know what you think in the comments !
ORDI looking fror a fast W HL in golden pocket. ORDI started lower lows with less follow through , way above W balance lows and is in 4 h OS. W green marabosu then W red marabosu . looking for a fast W HL in golden pocket.
starting a position.
ORDI - HTF setupEven though it is risky we are looking for this ORDI bid here on the Daily Demand as ORDI comes closer to the possible entry. ORDI in exeption to the other coins has had it's break of structure and we think if ETH is going to turn, ORDI should be relatively strong but remember tomorrow is FOMC day and it is going to get volatile so manage your risk accordingly please.
⚡️ORDI Limit
Entry: $50.01
SL: $43.12
Target: tba
2024/06/10 ORDIUSDT SHORT PLAN (4H)
(1H)
Fakeout happened at resistance of Parallel Channel (blue line)
Price breakout green trendline too
Entry Price: 59.90 (Market)
SL: 62.4 - 62.85
TP 1: 55.2
TP 2: 52.2
ORDI/USDT Critical Retest Is a Bullish Surge on the Horizon?Yello Paradisers! Are you ready for the next big move? ORDIUSDT has caught our attention with an intriguing development. After successfully breaking above a critical resistance level, it is now in the retest phase.
💎 SEED_DONKEYDAN_MARKET_CAP:ORDI has been following a descending resistance for a long time. Recently, it broke above this resistance, making a notable upward move.
💎The price is now retesting the key level at $52.62. If it maintains momentum and holds a strong position above the EMA, there's a high probability of a bullish move.
💎If #ORDIUSDT sustains above this leve $52.62, it could become a strong support, paving the way for further bullish action.
💎If the price fails to sustain above the resistance and loses momentum, we expect a bullish rebound from the lower demand zone at $44.62. This level has significant liquidity, which could fuel a probable bullish move upon a retest.
💎Sustaining above $52.62 and holding above the EMA can lead to a strong bullish move.
💎Failing to hold above $52.62 and dropping below the demand zone at $44.62 would invalidate the bullish outlook, leading to a significant price drop.
Stay focused, patient, and disciplined, Paradisers. The next few moves in ORDIUSDT will be crucial. Let's trade smart and stay ahead!
MyCryptoParadise
iFeel the success🌴
ORDI Cup and HandleFollowing on from my current ORDI setup, we have produced a fantastic cup and handle pattern on daily.
This coincides perfectly with initial setup of reclaiming support and moving average cross.
Has slipped nicely into supply zone and broken out back above resistance for a retest. Increased volume on daily green moves.
Daily 12 and 21 moving averages have crossed.
Current entry at $56
First Target at $95
Invalidation around $46
$ORDI position Continuing to increase my position in SEED_DONKEYDAN_MARKET_CAP:ORDI based on technical analysis and an averaging up strategy.
💰 Average purchase price: $56
Targets:
$199
$250
$300
📊 Key levels to watch:
Support: $51
Resistance: $75.71
SHORT #ORDIUSDTSHORT #ORDIUSDT from $55.411
30m TF. The instrument has formed a local downtrend with a decrease in trading volumes and price maxima along the trend line, which may indicate a manifestation of weakness by buyers. The compression goes to the support level with a few clear touches, followed by the feet of long participants.
I will wait for consolidation near the level and an increase in activity in the glass before the breakdown.
ORDI PERPPETUAL TRADE ,Sold at 61.37
ORDI PERPPETUAL TRADE
ORDI SELL SETUP
Currently 61.41
Sold at 61.37
(Trading plan If ORDI go up to $64 we will add more sell)
Expecting target $58.60 OR down
Incase of early exist will update this anaylsis
Its not a Financial Advice
ORDI PriceDespite the market volatility and selloff this week, ORDI coin continued to tide in the bullish course and continued to emerge gains.
Ordi Bullish ScenarioCryptocurrency prices can change a lot, sometimes very quickly. It's important to be mentally prepared for these ups and downs. It's best to think long-term and not make impulsive decisions based on short-term changes.
Alikze »» ORDI| Return PRZ zoneIn the analysis of the previous post, the alternative scenario occurred and it exited the ascending channel at the 12H time.
💎 But now a multiple compound correction has occurred as seen in the chart.
💎 In the last correction, a 5-wave downward correction was made, which led to channel failure. After that, it faced a demand that is currently suffering in the PRZ area.
Therefore, two behavioral scenarios can be imagined for it in this range.
💎 First scenario: If it can break the current range upwards, it can grow to the specified areas of the next PRZs, which are important areas that can reverse the price.
💎 The second scenario or alternative scenario: But if a break cannot be made in this area and a candle closes above it, the second or alternative scenario will be the continuation of the correction to the next areas.
💎 In addition, if the neck line or the PRZ-1 area is touched, it can create an upward scenario that can re-enter the channel. I will update the post.
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