A great opportunity here with ORN. It has been quiet for a while with people profit-taking. Volume shrinking while traders are taking profit with now approaching the resistance. This is a classic bullish flag so be ready for a great move ahead. My final target is 16.4. Not only that but it is also concluding an HnS bottom reversal 3 months long with also the VWMA...
ORN is about to jump if closes above 8.20. Next target is 9 and if closes above that will go higher to 11 and 12.3
RSI and Bollinger Bands are very bullish although watch for a resistance and the volatility today and tomorrow.
Main net staking with possible 3 digit APY.
4 more chains to be integrated (incl Elrond)
B2B volume announcement (possible +$100 M in volume )
30% pre-staking APY by end of May
2 coins added every week
Binance Bridge almost announced(already in the works)
MAs are adequately lined up!
MACD is on the brink of a cross in the 2H, thus boosting the chances of a positive cross in the 4H.
RSI is ready to climb higher.
ORN is a great project for long-term investors!
ORN-USDT just released some great news on their blog. Check it out.
This project is amazing and I'm super bullish on it. This chart shows a breakout of a bullish divergence between price and the macd/volume/rsi has already happened.
Buy in target: current price
Stop loss: none
Take Profit: I am keeping for the long term. I see $100 easily this year.
this is my 7th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of ORNUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period...
ORN is falling sharply and the 18$ zone is a good support that can push ORN back to 22$ zone. If it could conquer the 22$ zone, it will back to the uptrend to move up to 25$ and 33$ zone
I think it has not been ready to move up yet but will keep moving down to 14$ zone
👉Apr 2 : ORN/ADA Partnership
👉Jun 30 : Liquidity Pool Launch
👉Jun 30 : Margin & Lending...
- ORNUSDT is bounded in the descending channel (DC).
- Price is testing the descending channel support.
- The impulsive downtrend move is bounded in the falling wedge (FW) pattern.
- A falling wedge pattern is a bullish reversal pattern.
- RSI is printing a bullish divergence signal.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the...
After the release of their trading terminal, ORN has been in a huge selloff (typical sell the news scenario). However, the retracement has been going on for longer than expected and there is still huge sell volume, causing ORN to be kind of oversold right now. According to Binance's order book depth, there's a huge wall of buy orders at around $17.4, so we can...
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 green path: Orion has been riding these pitchfork channels for a while now. I wouldn't be surprised to see it continue this steady climb towards that next major 2.618 Fib level at around $35 dollars.
The orange path: The next possibility I could see happening is $ORN forming another pennant shape, and having that play over the next few days. With pennants...