The global orange juice industry faces an unprecedented crisis due to bad weather and disease in Brazil, the world's largest orange exporter. Orange juice futures have surged to record highs, nearly doubling in price over the past year. This situation has led manufacturers to explore alternative fruits like mandarins for juice production.
Key Points:
- Record...
$Ornj Ornj Orange Wallet has currently lost about 50% of it's value at an all time high of 0.79
Current price: 0.44
Price action has formed a falling Wedge!
Price can continue to fall to buy the dip regions of 0.35 and 0.28
Else price will break out of falling wedge to resistances: 0.54, 0.59,0.69, 0.79 and possibly price recovery at 0.86, 0.94, 1.03
ORANGE: GARTLEY detected!
Rebound possible!
Wait for the “rectangle” area before attempting a purchase!!!
To Watch: EMA.50 (H2) and EMA.200 (Daily).
Fibonacci / Bollinger / ICHIMOKU levels.
Alongside apple juice, orange juice is one of the most popular juices in Central Europe. It is produced by pressing oranges and mandarins and has a sweet-sour taste. Use of the designation “juice” is defined in the Fruit Juice Regulation. According to this, drinks may only be labelled as juice if they are produced entirely from the juice or flesh of the relevant...
Orange juice is preparing for a breakout.
If this breakout is confirmed, then a doubling of the price in the next 3-4 years should not be surprising.
#FCOJ doubling orangejuice #OJ1! #Ojuice #orange
wkr from Hanover
@StefanJBode
#StefanBode
Looking at the H4 chart, my overall bias for OJ is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 2.1151, where the 100% Fibonacci projection line and 23.6% Fibonacci line is. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where the 50% and...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
On the H4 chart, the overall bias for OJ is bearish. To add confluence to this, price is crossing the Ichimoku cloud which indicates a bearish market. Looking for an immediate sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are located. Stop loss will be set at 2.2944, where the previous swing high is located. I am looking...
On the H4 chart, the overall bias for OJ is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Looking for a pullback buy entry at 1.9053, where the 50% and 61.8% Fibonacci lines are located. We've set a relatively safe stop loss at 1.6846, which is where the 23.6% and 78.6% Fibonacci lines intersect. The take...
A big support build upon a very large price pattern.
The trend is clear.
Also is possible to see the halvening cycles and how bullruns are more calmed in every cycle.
That means less volatility also. Good for adoption, bad for speculators.
Buy and hold looks to be the wise option.
OJ is moving in a channel up movement and unstoppable in the past few weeks.
It looks like it's moving to the resistance at the level 169, 170 level which is both historical horizontal resistance and channel upper boundary.
Channel boundaries have worked reliably in the past to dictate the movement, and I am hoping it will be the case at 170. In the long run, I...
🍊
Lana Del Rey
Florida Kilo's
White lines, pretty baby, tattoos
Don't know what they mean
They're special, just for you
White lines, baking powder on the stove
Cooking up a dream, turning diamonds into snow
I feel you, pretty baby, feel me
Turn it up hot, loving you is free
I like it down, like it down way low
But you already know that
You already...
Orange has been trading sideways for month and half now. RSI and MACD have bullish direction despite price action lacking any trend at the moment (which is reflected in low ADX). Stochastic is also bullish. We think Orange has upside potential in medium and long term. Because of that we would like to set our medium term price target to 12 EUR per share.
Current...
Orange broke above its short term resistance around 11.50 USD. At the same time Orange exited rectangle formation which may coincide with the beginning of new trend. Although, this has to be taken with caution as further confirmation is needed. In terms of the technicals RSI and Stochastic are bullish. MACD performed crossover above 0 points which is bullish as...
