BUY ORNUSDT AT A DISCOUNT, EXPECTED RETURN +60% NEXT WEEK
Hello everyone,
this is my 7th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of ORNUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 2H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find ORNUSDT is in the compressed mode (actually very compressed) and you will see that it has very strong long-term trend, it doubles on average every 50 days (I usually use average logarithmic return to reach this result) which means that you are buying a very strong crypto-asset at discounted price, which I consider a bargain especially in a bull market.
with all that said my conclusion is that ORNUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them with your circles or you can just tip me through my ORN wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
thanks
Mustafa
this is my 7th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of ORNUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 2H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find ORNUSDT is in the compressed mode (actually very compressed) and you will see that it has very strong long-term trend, it doubles on average every 50 days (I usually use average logarithmic return to reach this result) which means that you are buying a very strong crypto-asset at discounted price, which I consider a bargain especially in a bull market.
with all that said my conclusion is that ORNUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them with your circles or you can just tip me through my ORN wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
thanks
Mustafa
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