🚀 ORDI Ready to Soar! 📈 Bullish Momentum Building!

12 mar

💎 ORDI has formed an inverse head and shoulders pattern, which can also be interpreted as a flag and pole formation when zooming out the chart, thus increasing the probability of a bullish move.

💎 To confirm the bullish scenario, we need to see a breakout above the resistant zone, followed by a candle closing and retest for confirmation. In case of a pullback, we can expect a bounce from the bullish OB level. After the bounce, we can set targets for the next resistant levels.

💎 However, if ORDIUSDT breaks down below the bullish OB level, it would be advisable to wait for better price action to form before making any decisions.