its_maxbro

$ORN: Status check. Waiting on Terminal launch!

Long
its_maxbro Updated   
BINANCE:ORNUSDT   ORN / TetherUS
Hey yall hope you've been accumulating more $ORN before it goes on its rocket trip. As you can see price action has been forming a giant bullish pennant formation. With a downward consolidation between those tightening top and bottom trend lines. We've also seen a smaller lower trend line forming inside this, with 3 consecutive wicks bouncing off that lower line. The 3 scenarios I expect to happen I've drawn in green for the most bullish orange for meh.... and red for most pain.

Fundamentally the terminal launch will be massive, and if it's anything NEAR what we expect it to be? It's going to change the way we trade. I know for a fact that one of the hardest hurdles for new people getting in to crypto is navigating all the different exchanges and swaps and dex's in order to buy the crypto that they're interested in. Orion Protocol's Terminal will change everything. Very very exciting. I expect price to go on a decent run, but to be subdued until we get to the staking.... once staking hits some time in Q2? Sheeeesh. It's gonna go.
Comment:
Looks like it chose the RED path! Hopefully you had some buy orders set around that 19 area! Either way this is obviously a sell the news event. I feel bad for those who got off the train right before it leaves the station.

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