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Technical analysis by Fahad-Rafique about Symbol ORDI: Buy recommendation (2/27/2025)

https://sahmeto.com/message/3279709
Fahad-Rafique
Fahad-Rafique
Rank: 26035
0.8
Buy،Technical،Fahad-Rafique

Price was in a downtrend on daily time frame, however, the months old descending trendline is broken, hinting the return of bulls. The notion is further validated by the emergence of a bullish divergence along with a double bottom reversal pattern. If previous lower high is broken successfully then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$23
Stop Loss Price
$8
Price at Publish Time:
$12.86
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