📊#ORDI is a long structure, be cautious and bearish⚠️

➡️In yesterday’s analysis, I mentioned that we broke through the short defense point and the previous high, so we can look forward to a higher target range. When we pulled back to the buy zone, I also made a reminder, The most difficult thing about trading is to overcome your inner fear. When you are dominated by the fear caused by violent fluctuations, you will not strictly implement your trading system. Therefore it is difficult for you to make money in the trading market.

🧠Currently we have encountered certain resistance here, but we have successfully broken the short defense point, so we will continue to maintain the bullish view unchanged. If we are more conservative, we can lock the main profit near the previous high, and then leave a little Some positions are risk-free to expect more. 🙏🎯

⚠️Because we have increased our positions twice, we reduced part of our positions when it was near 58.88, so that we can look forward to the remaining targets without pressure. ☕️

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Trade active:

⚙️Move the stop loss up to the bull defense point. If it is broken here, the previous low will most likely be broken. If the position is not heavy, just continue to be patient.☕️🎯

➡️If the position is heavy and the amount of loss exceeds your inner tolerance, reduce part of the position appropriately.

Trade closed: stop reached:

Stop loss triggered

🧠The last defensive point has failed, and there is no upward expectation. Even if it rises again, it has nothing to do with us. There is still a liquidity pool below that needs to be swept, so we don’t need to continue to be persistent.❌

Will not continue bullish unless it can break above the bearish defense point

Comment:

The short defensive point has been breached, and there is hope to challenge the previous high

Trade active:

📊#ORDI Wolf wave pattern, is it the final rise❓

☕️We have been paying attention for a long time and finally got the opportunity yesterday. We encountered the wolf wave form. The wolf has opened its mouth and is ready to hunt.💪

Let’s see if it can challenge the previous high this time👀
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Trade active:

📊#ORDI will continue to rise based on cup handle structure🚀

💥We have locked in 80% of the main profit after breaking through the neckline. The remaining positions are risk-free. We will continue to be patient and look forward to more🙏💰🚀🌕
Congratulations to all the friends who followed Wolf King to print money. 🍻🍻🍻

🧠It is not difficult to find from the chart that a large cup handle bullish structure is established after breaking through the previous high, so we will continue the bullish power based on this bullish structure. 📈

⚠️Note that although we are bullish, we have achieved the ideal goal of a small double bottom bullish structure for now. In addition, a break above higher resistance will also consume a lot of potential energy, so we may continue to consolidate or even retrace here to absorb a lot of selling pressure here.

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