ORNUSDT Technical Analysis Update
ORN has been forming a broadening wedge pattern for approximately 600 days. The price is currently approaching the resistance line, having tested it multiple times previously. This could be a sign of a potential breakout.
Buy Level: $0.88
Stop Loss: $0.70
Regards
Hexa
According to current Orion Protocol price prediction, the value of Orion Protocol is predicted to drop by -9.52% and reach $ 0.616992 by July 7, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 63 (Greed). Orion Protocol recorded 17/30 (57%) green days with 10.92% price volatility over the last...
Hi dear friends, hope you are well and welcome to the new trade setup of Orion Protocol ( ORN ).
On a 1-hr time frame, ORN has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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...
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.
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!
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