TradingView
AlanSantana
Sep 13, 2023 11:12 PM

✴️ Orion Protocol Bullish Divergence, Potential Bottom Long

ORNUSDT SPOTBitget

Description

Both the MACD and RSI bottomed June 2023 for Orion Protocol (ORNUSDT), while the pair continued lower until recently producing a strong double bullish divergence.

As an extra bullish signal, we have the MA200 indicator/line trending down and this normally puts pressure on prices to move higher.

This is a no-brainer for any trader... Very low risk, very high potential for reward. This pair is literally trading near its All-Time Low and once we hit bottom...

Thanks a lot for the support.

Namaste.

Trade closed: target reached

Bottom caught. +312%

Additional growth possible.
More