Orbs Network/Tether
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ORBS Network to the moon

2827
On the above weekly chart price action has corrected over 90% since April 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Trend reversal. Higher highs higher lows replace lower highs lower lows.

3) Confirmation of support on past resistance. Horizontal blue channel.

4) The flag pattern flagpole measures a 2000% move to the 55 cent area.

5) Weekly GRM support confirmation. Some of you know what this means, some of your don’t.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww


Type: Trade
Risk: <=6%
Timeframe for long: Today
Return: 15-20x
İşlem aktif
Weekly GRM support confirmed.
İşlem aktif
Now that the fickle fingers are flushed out, you, the 10% hold until the target area.
Until then.
Not
With the sell off exhaustion reaching an apex we can scroll through the charts to see what it happening. By far the most interesting statistic over those last 72hrs is the volume exchanged between market makers and takers.

In some instances like here on AGIX (not me!) there is strong selling pressure following the break of market structure. Every test of resistance was met with sell side pressure.

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Whereas on others like ORBS, long entries have taken full advantage of the volatility to fill orders. Every test of support was met with volume.

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Whether it is sell side or buy side pressure with a purpose who knows, but one thing we should all adhere, follow the money..

Ww
İşlem aktif
On support.
Retail traders have capitulated. A 100x move from current levels.
Not easy is it?

Weekly
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Not
nudge nudge wink wink
Not
ORBS preparing for Orbit.
İşlem aktif
Never know the "When" but if there were a chance of flying to the moon, I'd say it is now very very soon.
Not
Time to get your FOMO on before 30 cents strikes.

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Not
Do you think now is a good time to go long?
Or was it better 2 days ago on the last update?
Decisions decisions...

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Not
close swing trades.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.