Get started
mudusir

ORDIUSDT: Bullish Trend (Bullish Flag)

Long
ORDI / TetherUS PERPETUAL CONTRACT (BINANCE:ORDIUSDT.P)  
mudusir  
BINANCE:ORDIUSDT.P   ORDI / TetherUS PERPETUAL CONTRACT
Chart Patterns Technical Indicators Fundamental Analysis
2
0
chartpattern indicator fundamental
ORDIUSDT.P is currently displaying a bullish trend and shaping a potential bullish flag pattern. The recommended entry point is at the 0.618 Fibonacci retracement level. Traders may consider initiating a position at this point, or alternatively, opt to wait for a breakout beyond the previous higher highs (HHs) for confirmation of an upward move. This strategy aims to enhance the probability of a successful long entry by confirming the strength of the bullish trend.
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.