Ordi - Establishing Bullish Momentum
Ordi is looking very good with its current setup. Here are the main things that can give credibility to a continued uptrend.
-Price supported at 0.786 of macro trend (blue fib line)
-3D Doji printed on Binance
-Price broke out of short term triangle
-Price retested triangle and is currently holding as new support
-RSI formed a bullish divergence near the lows
-RSI has continued to form a series of higher lows on the 3D
-Price has been closing all 3D candles above our lower white trendline
-Price supported at 0.786 of macro trend (blue fib line)
-3D Doji printed on Binance
-Price broke out of short term triangle
-Price retested triangle and is currently holding as new support
-RSI formed a bullish divergence near the lows
-RSI has continued to form a series of higher lows on the 3D
-Price has been closing all 3D candles above our lower white trendline
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