ORNBTC - Should cross the resistance to get free of BTC shackles
During times of increasing BTC dominance always go through USDT and BTC charts for each coin before buying.
Always follow risk management. BTC can be volatile. We have seen quite a few flash-crashes off...
ORN has made its previous resistance support! What does this means? PUMP TIME.
As you can see we were rejected at this resistance 4x times before, but the 5th time we were successful (see yellow arrows).
Our next significant resistance is at Fib 38% or $13-14$. Therefore ORN has some nice gains still in store. This is also supported by our indicators.
White line shows MVC's entry price.
After a bit a of a breakout, ORN was rejected hard by the 200 SMA and resistance at $10. Now--breaking the support and making a new swing close--ORN is in a tough position. It seems likely that ORN will break its swing low around $5; however, a nice buying opportunity might present itself with a potential 9 buy coming in 4 days.
Showing a 1D Buy signal based on the activity over the last week...
Some major release is coming up on June 22
Looking for it to hodl/flip current level (~23k sats) and keep pushing up (volume is also something to look out)
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.
Orion has very strong fundamentals in the coming weeks and ORN has a very low market cap of $300 Million only as compared to other DeFi coins. The margin & lending testnet will release in Q2 and the margin & lending mainnet will launch before Q3. DeFi coins start moving and we see a good rally in ORN in the coming weeks.
Buy Zone: $16.5 - $17.5
Target: $19.7 -...
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...
Restarting the way up as its crossing over ~14.5k sats w/ a new 1D Buy signal on the daily (so far 3/3 on this chart)
For now, looking at a flip of this level or higher volume as signal of continuation toward ~20k sats
HL-HH sequence intact since January
Looks good 👍
Hi guys, take a look at ORN / BTC.
Price insidce the cloud with bullish TK cross.
RSI chilling above the 50 level.
Entry on the Tenkan with matches with 0,786.
Stop below the previous low and weekly demand zone.
Target the actual high on the weekly.
Remember no one of my trades are financial advice, just making it for fun.
With this great opportunity on the daily timeframe with the retrace of so many alts we got this setup on ORN.
1h timeframe tested the bottom of the cloud and got back on the trendline, inside the cloud and above the tenkan.
4h above the trendile and RSI testing the 50 level
1d above the trendline.
Overall we are facing a daily resistance which price...