bullish momentum has started.We had much higher volume in the last weeks, which signify a bigger interest from people in this cryptocurrency. Now its leaving the range and going for the previous all time high.
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ORN - Looking to breakout of long time resistance - Bullish days ahead.
Resistance zones indicated in red
support indicated in green
TPs are the resistance levels
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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.
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price is fluctuating inside a flag.
If the price stabilizes outside the flag and above the line, it can touch our target.
But if the price can't break the channel line upwards, then we would witness a weakness in the trend and a fall is not...
The Orion project is one of the most successful projects in the Solana ecosystem. So its growth potential is high according to market conditions and Solana's growth.
Keep holding tightly. Good news coming:
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.
ORN recently launched on Coinbase and had a nice runup preceding it. As usual with CEX listings, price dumps shortly after going live. ORN now looks to be consolidating in what I believe to be an accumulation area and if BTC does not collapse, the next leg up for ORN should come soon.
Coming at the back of this downtrend could be a new structure.
Price is currently testing a daily level of resistance at $6.5 and has already thrown wick rejections at the level.
However, we have broken out of the long-term descending channel on the daily timeframe, and as well pushed with bullish momentum into this current level.
We could still see sells, but...
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.