Will ORDI goes to ATH in 24 hours?

Hello to all my friends! After few days of my vacation, I’m back! These two days happen some interesting candles. The market had liquidate a lot of people and trader yesterday. Let’s go back to the chart and see what’s happening now.

In the first picture, we can see that ORDI had close above 80 and it continue to rise. From the first 8H candle chart, ORDI is having bullish momentum and I think it will continue to pump until 84-85 area. When we pull out for a bigger time frame in 1H chart, we can see there a new resistance area around 90-91.

So, what’s we can do is open a long position at any low price around 78-79. If candle close above 85, then we hold for the long position and expect higher to pump until 90 area. But if ORDI can’t close above 85, then we might see a pull back from ORDI back to 78 area.

If you’re agreed with me don’t forget to hit the follow button so that you won’t miss out my update on ORDI. I hope you enjoy my analysis and all the best in 2024. Peace and love ❤️