without_worries

Orion Protocol (ORN)

Largo
without_worries Actualizado   
BINANCE:ORNUSDT   ORN / TetherUS
On the above 4-day chart price action has corrected over 90% since the sell signal in March 2021 (not shown). Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout.

3) Strong positive divergence between price action and oscillators. 10 oscillators print bullish divergence with price action. This divergence occurs over a 80 day period. The divergence is also observed on the ORN/BTC pair (see below).


Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 2000% / $20


5-day ORN/BTC pair
Operación activa
Comentarios:
GRM support confirmed.
Is the strongest confirmation to date with multiple insistences.
Operación activa:
On support. Prepare to be dazzled.
Operación activa
Comentarios:
The first correction is from 12 dollars, probably over the summer months before continuing to the target.
Operación activa:
GRM support confirmed.
Comentarios:
Now would be a 'good' moment.
Operación activa:
Very nice support with strong positive divergence.

Operación activa:
on support
Operación activa:
Ohh if you missed out on the PERP run.... just saying

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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Allow 3-6 months on ideas. Not investment advice. DYOR
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