ORDI - A SHORT is short

8 thg 5

#ORDI/USDT #Analysis
Description
---------------------------------------------------------------
+ The price is steadily following the channel, and the overall trend is bearish.
+ I don't anticipate this trend changing direction in the near future, so I'm opting for a SHORT trade here.
+ I expect the price to reach the resistance line and then retreat back to the support level.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 38.938
Stop Loss: 42.416
------------------------------
Target 1: 36.416
Target 2: 34.654
Target 3: 30.995
------------------------------
Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo