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...
ORNUSDT Falling Wedge Breakout
We are just waiting for the Falling Wedge Bullish Breakout & Retest. I have just completed the setup and you can easily find all the entry and exit points by watching the chart.
NOTE: Not financial advice or signal. Do your own analysis, do proper Risk & Money Management. Do Trade on Spot Only.
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.
ORNUSDT Bullish Divergence
ORNUSDT was in the correction phase since March 23, 2021, and now we can see a clear Bullish Divergence in the market. The market could not break the level 15.5 below and rejected two times. We may see Bullish Three Dive Pattern and then to the moon.
I am expecting an ATH at level 40.000.
If you are in this trade, please do proper...
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 -...
Analysis up on #ORNUSDT
one more interesting chart, here we have a DeFi player also showing an interesting chart, bullish flag near trendline support suggests to me we might continue to the upside from here, for possible sub 40% move.
Hi guys..its the latest analyze chart of #ORNBTC in Daily time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Update to my previous chart on $ORN
Orion Protocol is the first gateway to the entire crypto market: aggregating every CEX, DEX, and swap pool into one decentralized platform.
While phase one will be fully functional in terms of the ability to trade, deposit, withdraw, etc, more features, brokers, and trading pairs will be added continually over the following...
#ORNUSDT Technical Analysis Update
waiting for Falling Wedge breakout
ORN/USDT currently trading at $2.50
LONG ENTRY level: only enter long after falling wedge breakout
STOP LOSS: Once I see the breakout I will update stop loss
Resistance level 1( Target 1): $3.15
Resistance level 2 (Target 2 ): $4.15
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
It's time. We're finally here.
The first phase of #OrionTerminal’s main net will be live on December 15th at 2 pm UTC.
Access to the terminal will be prioritized based on share ranking through a referral scheme. Get access now. $ORN
Take a look... We may be forming a bullish accumulation pattern on 4h chart called ascending triangle
The entry point is in the blue line, so we going to assume the bullish trend will continue
But the asset is recently listed on binance so we don't have much trade history on this asset to establish support and resistance levels