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ORDI / TetherUS

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ORDIUSDT trade ideas

ORDI/USDT Breakout Alert!! Potential bullish momentum for ORDI.💎 Paradisers, ORDI is indeed showcasing intriguing movements that deserve careful observation. 💎 The successful breakout from the descending channel signifies bullish momentum for ORDI. Currently, the price is potentially preparing to retest the trendline before continuing its upward trajectory toward the supply area of around $55.45. 💎 A successful breakout above this supply zone would confirm ORDI's return to a bullish trend, potentially leading to significant upward movement toward our target strong resistance area. 💎 However, if ORDI encounters resistance at the supply area and receives a strong rejection indicated by a bearish candle, the price may retreat to downward movement. 💎 In such a scenario, ORDI could revisit the support area around $44.60, which coincides with the resistance neckline of the ascending triangle. 💎 ORDI must bounce from this support area and resume its upward trajectory. Failure to bounce, or a breakdown below the support, could signal further downward movement, potentially leading to a test of the Bullish OB area. ORDI needs to reclaim the price above the support area at $44.60 upon reaching the Bullish OB area to maintain bullish momentum. 💎 However, if ORDI breaks below the Bullish OB area, confirmed by a daily candle close below it, it could indicate a bearish trend reversal, leading to continued downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
ORDI reaches the staged target zone📊#ORDI reaches the staged target area✔️ 🧠Structurally, we can see that a double bottom bullish structure has been constructed near the buy zone, and we use this structure as support to start the uptrend.📈 ➡️The limit order we placed in advance on May 18th successfully hit the entry point on May 24th, and then started a strong rebound. It has now reached the staged target area, so we locked in the main profit in time and kept only a small part. The position is risk-free and looks forward to the final target area (51.639-53.567). ☕️🙏🎯 🎉Congratulations to all the friends who followed Wolf King to print money and received generous rewards.💰🚀🍻 Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it 👋follow me. Learn about further structural evolution💕 BINANCE:ORDIUSDT.P
Long
by wolf_king888
Swept Range Lows now lets reclaim the highsOrdinals has had a fantastic run from November. After reaching nearly $100 it has begun ranging from $40-$80. Its so far been an amazing range to play and has now set up once more. Inflows vs Outflows in the spot-market have just switched positive. Stoch has bounced of lows and is looking to regain strength. ORDI often moves independently and before big moves from BTC. This setup has a very easy invalidation around $36 and could prove to be an easy 6r trade.
Long
by pinkzigzag
1
ORDI ANALYSIS (1D)By examining the ORDI waves, it seems that the large and upward wave C has ended and the price has entered a large correction. The supply range is the range where we expect downward price rejection. The target on the chart is the SS line (Static Support). Closing a daily candle above the invalidation level will violate the analysis 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
Short
by behdark
How an expert professional trader analyzes an altcoinHow should I approach trading ORDI/USDT? To analyze this currency, I've chosen to focus on graphic and classic technical analysis. This involves identifying key points like tops and bottoms, support and resistance levels, graphic patterns, and breakout points. From this analysis, I've identified a strong support zone between $30 to $25. Additionally, I've observed a bearish flag pattern formed since April 8, 2024, indicating institutional selling pressure. This asset tends to strongly adhere to equal tops and bottoms, leading to significant reversals. In the short term, there's also a descending wedge pattern, although it broke downwards on April 30, causing panic in the retail market. However, there was a quick V-shaped recovery on May 1, 2024, followed by a retest and rejection within the wedge on May 3. Currently, the price is approaching a resistance level. According to technical analysis principles, it's ideal to sell at resistance and buy at support. Therefore, now might be a good time to sell towards the support at $25. It's important to note that the bearish trend is confirmed as long as the price remains below the control zone for the past 38 days since April 2, 2024 , signaling institutional liquidity exit. There are two ways to approach trading here: either buying and selling within the mentioned support and resistance levels, or buying at the breakout of the control point and selling when it's below. For those willing to take higher risks, selling from the current $37 to $39 range with a stop above the control point at $42 could be an option. Keep a close eye on these price levels and trade wisely. Disclaimer: Before proceeding, please note that the following information is based on technical analysis and should not be construed as investment advice. Always conduct your own research and, if necessary, seek advice from a financial professional.
Short
by GARIENF1
ORDI - A SHORT is short#ORDI/USDT #Analysis Description --------------------------------------------------------------- + The price is steadily following the channel, and the overall trend is bearish. + I don't anticipate this trend changing direction in the near future, so I'm opting for a SHORT trade here. + I expect the price to reach the resistance line and then retreat back to the support level. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 38.938 Stop Loss: 42.416 ------------------------------ Target 1: 36.416 Target 2: 34.654 Target 3: 30.995 ------------------------------ Timeframe: Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo