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ORDI Linear Perpetual Futures Contract

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ORDIUSDT.P trade ideas

ORDI USDTBINANCE:ORDIUSDT BINANCE:ORDIUSDT.P #ORDI/USDT strong bullish trend within an ascending channel. The recent pullback to the lower trendline presents a potentially solid buy opportunity as it aligns with a previous support level around $32. This confluence of support, coupled with the ongoing uptrend, suggests a possible continuation of the upward momentum. A buy entry near the current price could target the upper boundary of the channel around $36.87 or higher, with a stop loss below the lower trendline around $30.62 to manage risk effectively. This setup combines trend following with channel trading, making it a compelling opportunity for traders. SEED_DONKEYDAN_MARKET_CAP:ORDI
Long
by hfwkjfhbwkjhfbu
Is ORDIUSDT on the Brink of a Major Bullish Breakout?Yello, Paradisers! ORDIUSDT is showing signs of bullish momentum, thanks to a recent W pattern formation. But is this the start of something big? 💎For this bullish setup to be confirmed, we need to see a decisive breakout above the resistive trendline and resistance zone. A successful breakout, with a candle close above these levels, could trigger a wave of short liquidations, pushing the price even higher. 💎However, if the price pulls back from current levels, a bounce off the support zone could offer a scalping opportunity—but I wouldn't recommend it. This setup has a low probability of success and doesn't align with our high-standard trading strategies. 💎On the flip side, if the price breaks down and closes below the support zone, it would invalidate our bullish thesis entirely. 🎖Stay disciplined, Paradisers. The market is full of traps, but with a strategic approach, you'll navigate it like a pro. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Will ORDIUSDT Surge or Stumble? Yello, Paradisers! ORDIUSDT has taken liquidity and then shown a CHoCH (Change of Character) towards a bullish market structure, increasing the probability of an upward move. 💎ORDI has formed an inverse head and shoulders pattern, a classic bullish reversal indicator. For confirmation, we need a breakout above the resistance zone, which would signal a bullish move. 💎If there is a pullback, we might see a potential double bottom from the support zone. For confirmation, we need an I-CHoCH (Internal Change of Character) towards a bullish market structure. 💎A breakdown and candle closing below the support zone will invalidate our bullish outlook. Stay vigilant and trade smart, Paradisers! If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Consistency over quick profits is key. Discipline, patience, and robust strategies will guide you to long-term success. Stay focused, and let’s make smart moves together! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Will This Trend Of ORDI Continue To $100?Ordinals has a market cap of $1.18 Billion and is ranked 17th in the CMC. The volume of the ORDI trading has observed a surge of 150% in the intraday session with a VM ratio of 0.2. ORDI token price is currently trading near the value of $56 with a gain of 17% in the intraday session. ORDI is currently forming strong bullish candles on the daily chart. It is trading above the 50 and 100 EMA which can act as a support for the price. The upside trend of the token price can see a halt near the value of $70. Meanwhile, the support of the asset price can be seen near $50. The current correlation between the ORDI and BTC has seen a slight gain and has reached near 0.57. The RSI of ORDI is near 69 with a strong positive slope in it. The overall sentiment of the RSI is bullish in nature.
by Ritika_TCR
1
Will The Declining Correlation Of BTC And ORDI Have A Negative Ordinals has a market cap of $774 Million and is ranked 100th in the CMC. ORDI token price has observed a surge of 60% in the intraday session. It is trading near the value of $36.8 with a slight decline in the past 24 hours. ORDI is currently forming strong bearish candles on the daily chart. It is trading below the 50 and 200 EMA with a negative crossover in the past. Meanwhile, the correlation of the BTC and ORDI has plunged to 0.8 from the highs of 0.97. The token price upside trend can see a halt near the value of $40. Meanwhile, the support price can be seen near $25. The RSI of ORDI is at 41 with a strong negative slope. The overall sentiment of the RSI and MACD is bearish in nature.
by Ritika_TCR
1
🚀 ORDI Ready to Soar! 📈 Bullish Momentum Building! 💎 ORDI has formed an inverse head and shoulders pattern, which can also be interpreted as a flag and pole formation when zooming out the chart, thus increasing the probability of a bullish move. 💎 To confirm the bullish scenario, we need to see a breakout above the resistant zone, followed by a candle closing and retest for confirmation. In case of a pullback, we can expect a bounce from the bullish OB level. After the bounce, we can set targets for the next resistant levels. 💎 However, if ORDIUSDT breaks down below the bullish OB level, it would be advisable to wait for better price action to form before making any decisions.
Long
by MyCryptoParadise_Nathan
ORDI Flying as expectedHey Everyone, I analysed this chart and concluded the following: Here is my Technical Outlook: ----------------------------------------------------------------------------------- ORDI Bullish Continuation & Bullish Trend, atleast for the moment Liquidity Levels are also mentioned It made a good move as expected Technicals are highly bullish Bias: still Bullish Price broke out of Strong Key levels following consolidation from last months with massive volume breakout Price Above 200 EMA and Strongly Holding it Timeframe: 1H Manage your risk properly, Sell in Profit if you were holding from past few months, still risky to enter from here, wait for price to pullback to lower demand levels for new entries Shorting is also very risky in current bullish scenario, So manage your risk properly\ BTC is also very bullish on HTF trend, but BTC dominance is outperforming alts market But this coin managed to pump by outperforming BTC Keep an eye on it Also stay focused on BTC dominance, Total, Total2 and total3 for clear market direction ----------------------------------------------------------------------------------- Always use Proper Risk Management WISH YOU GOOD LUCK :)
Long
by FortuneNodeOfficial