Orbs Network/Tether
Long
Mis à jour

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
Transaction en cours
Weekly GRM support confirmed.
Transaction en cours
Now that the fickle fingers are flushed out, you, the 10% hold until the target area.
Until then.
Note
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.

snapshot

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.

snapshot

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
Transaction en cours
On support.
Retail traders have capitulated. A 100x move from current levels.
Not easy is it?

Weekly
snapshot
Note
nudge nudge wink wink
Note
ORBS preparing for Orbit.
Transaction en cours
Never know the "When" but if there were a chance of flying to the moon, I'd say it is now very very soon.
Note
Time to get your FOMO on before 30 cents strikes.

snapshot
Note
Do you think now is a good time to go long?
Or was it better 2 days ago on the last update?
Decisions decisions...

snapshot
Note
close swing trades.

snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.