Orion Protocol (ORN)

On the above 4-day chart price action has corrected over 90% since the sell signal in March 2021 (not shown). Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout.

3) Strong positive divergence between price action and oscillators. 10 oscillators print bullish divergence with price action. This divergence occurs over a 80 day period. The divergence is also observed on the ORN/BTC pair (see below).


Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 2000% / $20


5-day ORN/BTC pair

Zlecenie aktywne

Komentarz:

GRM support confirmed.
Is the strongest confirmation to date with multiple insistences.

Zlecenie aktywne:

On support. Prepare to be dazzled.

Zlecenie aktywne

Komentarz:

The first correction is from 12 dollars, probably over the summer months before continuing to the target.

Zlecenie aktywne:

GRM support confirmed.

Komentarz:

Now would be a 'good' moment.

Zlecenie aktywne:

Very nice support with strong positive divergence.

Zlecenie aktywne:

on support

Zlecenie aktywne:

Ohh if you missed out on the PERP run.... just saying