**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
ORDI has been in this range for a while now. It's a big range and consolidation was much needed after a huge rally.
Now, Ordi has testing 70.5 to turn into support. Invalidation for this trade is a daily close below 58
A move to 150 is in the books in the coming months.
Not financial advice. Just sharing my thought.
ORDI/USDT Chart Analysis
▪️300% Potential From This Level
▪️RED BOX is our SL if Trend Reverse
▪️BULL FLAG in Daily Time Frame
▪️Accumulation Zone: $70-$60
▪️Daily Candle Close below $56 Mean Exit
#ORDI #TechnicalAnalysis #Crypto
💎 ORDI has formed an inverse head and shoulders pattern, which can also be interpreted as a flag and pole formation when zooming out the chart, thus increasing the probability of a bullish move.
💎 To confirm the bullish scenario, we need to see a breakout above the resistant zone, followed by a candle closing and retest for confirmation. In case of a pullback,...
- ORDI is currently trying to build up a matured base on a 4h TF
- For refined and overly safe entries in SPOT keep your limit orders at 40-45$ 45-48$
- Let the base get matured first post that try entering after a solid confirmation
- Targets - 70$, 85$, 100$
ordi token is now on the verge of good breakout after doing good consolidation can go long above 69.5$ for safe traders , for risky traders go above 65.80$ for long
Hey Everyone,
I analysed this chart and concluded the following:
Here is my Technical Outlook:
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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...
