ORDI is displaying a bullish breakout pattern from a descending triangle, indicating potential for upward momentum. After breaking out of the resistance zone near $41.6, it appears to be consolidating for another leg up.
Descending triangle broke upwards, signaling bullish sentiment.
A smaller symmetrical triangle is forming near the breakout zone, suggesting accumulation.
Keylevels-
Resistance: $41.6 (previous breakout level).
Support: $37.6 (key level for risk management).
Technical indicators
Bullish momentum evident as price makes higher lows.
Volume analysis suggests increased interest on breakout candles.
Trade plan
Entry: Buy near $39.6, at the lower boundary of the symmetrical triangle.
Profit Target: $48, based on the measured move of the descending triangle breakout.
Stop Loss: $37.6, below the recent swing low.
Descending triangle broke upwards, signaling bullish sentiment.
A smaller symmetrical triangle is forming near the breakout zone, suggesting accumulation.
Keylevels-
Resistance: $41.6 (previous breakout level).
Support: $37.6 (key level for risk management).
Technical indicators
Bullish momentum evident as price makes higher lows.
Volume analysis suggests increased interest on breakout candles.
Trade plan
Entry: Buy near $39.6, at the lower boundary of the symmetrical triangle.
Profit Target: $48, based on the measured move of the descending triangle breakout.
Stop Loss: $37.6, below the recent swing low.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.