crossedfingers1

ORN : Consolidation for next leg up

Long
crossedfingers1 Updated   
BINANCE:ORNUSDT   ORN / TetherUS
ORN recently launched on Coinbase and had a nice runup preceding it. As usual with CEX listings, price dumps shortly after going live. ORN now looks to be consolidating in what I believe to be an accumulation area and if BTC does not collapse, the next leg up for ORN should come soon.
Comment:
Looking for the blue support to hold and then continuation

Comment:
ORN chart still progressing as hoped. Now looks like a small double bottom which should take us back to recent $10.4 top.

Trade closed manually
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.