ordi/Tether
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ORDI is going from $70 towards around $550 in January 2024

1758
Why?
First off, we are in a bull market that shows no signs of distribution so continuation is more likely.

Secondly, we are in a clear Eliott Wave fifth pattern with waves 1, 2, 3, 4 already done and wave 5 should ensue of a higher mangnitude than wave 3.

Wave 4 was a clear Eliott Wave double three pattern with w, x and triangle in y. Triangle means correction is already done and impulsive wave will follow.
Not
Price is consolidating in what seems to be a smallish triangle around $75 waiting for BTC to move. It should last a couple more days and once it's done swift move to around $550 will happen.
Not
Going strong, everything as according to the plan.

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.