Put the brakes onThis chart is limited in data but that being said both of these indicators aren't showing a clear it's turned around yet. Though they do seem to be pointing to that this has the brakes on and won't last much longer. This project has an amazing team. They have also entered the DeFi space while clearly no one was looking. OGN will now be the governance token for OUSD a stable coin that will earn interest while in your wallet. OUSD is created as DAI, USDT, USDC are locked up. Those funds are then put into DeFi protocols by the team. You don't need to be a full time yield farmer or pay the gas fees. You don't really need to know much other then how to buy it and store it in your wallet. The being estimated APY is over 10% and OGN holders will get profits off earnings above 10% that OUSD token holders are getting. OGN will also be governance token for OUSD. Not to mention their already ambitious goal of disrupting the online shopping market.
Not financial advice educational purposes only.
OGN
Ogn/usdt possible senario( Origin protocol )
Ogn/usdt dropped around 75% from its top in 13 August ..but looks like the bleeding will continue at least short term
Possible senario :
Ogn/usdt trading now at 0.17$
And it faces falling wedge trendline resistance
If it break 0.1550$ below (weak support) and closed below then i think about sell/short position to first key support around 0.1400$
If it breaks also then it will move to second key support around 0.1100-0.1200$
I wont think about buy unless it visit one of key supports then break the falling wedge trendline resistance
Or forming base of support around the second key support and with tight stoploss
Hope this analysis help
Support us by like and comment
Good luck
OGNUSDT AnalysisAt this moment, there are 3 SELL signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.23) for 1D to buy,
3- You can buy when candles touching the support line (0.10)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
Origin Protocol (OGN) Aims At New High As Next TargetOrigin Protocol (OGNBTC) is aiming to cement a new uptrend and going for a higher high.
This next target is 60%+ away from the current price.
As bullish signals we have:
7 green consecutive candles.
Prices trading above MA200.
Bullish RSI.
Bullish MaCD.
We also have an ascending channel and more green volume starting to come up.
Thanks a lot for your support.
Namaste.
OGNUSDT ANALYSISI have 4 positive signal It broke the down trendline
If you hold this coin time to sell it because it is almost touching the resistance line( $ 0,4698)
Also you can buy it right now or you can wait for turning resistance line to the support line ( $ 0,4698) and wait for EngineeringRobo' s sell signal
Have a good trade . If you still didn't use EngineeringRobo please dm me .
✳️Origin Protocol [OGN/USDT] on August 08 #OGN $OGN #OGNUSDTOGN reacted very well after hitting the $ 0.25 zone but the current buying pressure is not too strong and this will be the thing you need to be careful about when OGN hits the $ 0.37-0.38 zone.
I think OGN will need more time to break out of the $ 0.37-0.38 zone and towards the $ 0.45 and even $ 0.55 zone this August.
If you want to buy OGN, a good buy zone to buy is $ 0.33-0.34
OGN BIG MOVE COMING SOON!OGN is creating higher lows and lower higher >>> Converging or consolidating for the big move ahead on either sides.
1. Daily resistance was broken at 3720 and it went all the way up to test the new resistance at 4533. WIcking past 4533 and gets rejected to retrace back to newly created daily support where candles are right now at 3720.
2. Both the bulls and bears in control, but the candles are at support level but it is testing the support. More times a level is tested, the weaker it becomes.
3. Also, the volume is decreasing at the support level, an indication of weaker support.
4. A large volume will be needed to reject the support and then it could go to test the resistance at 4533.
Right now, wait for large volume and rejection from the support level, if it happens then enter the trade for long.
But, if the volume does not increase then to test 3252 daily support.
Wait for rejection and let the new candle form above the current level.
Trade safe.
x10 Potential - Cup+handle and breakout on OGN/BTCMany altcoins have reached their ATH, or are close to doing so since the most recent crypto crash. OGN is still to catch up to the rest of the pack, however this seems like a perfect buying opportunity as multiple patterns are being formed, and as long as BTC continues to push or stay stable, and volume remains stable on OGN, we could see a big push, potentially up to 7-10x return.
Cup and handle formed on the 1h and on the daily chart, along with a potential breakout of the triangle. A little more volume may be necessary, however we could see a major push very soon.
Using the fib extension, we can set the following take profits:
TP1 = 5162 (+47%) - matches perfectly with the previous high wick that reached 5225.
TP2 = 6150 (+75%) - matches with the price reached at 6400.
TP3 = 20000 (+471%) - ATH .
Stop loss = 3000.
Please give me advice and potential constructive criticism on my analysis. I would love to hear analysis and the perspective of a more experienced trader, and someone with more experience in technical analysis.
OGN/USDT - Long - Potential 12%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: OGN/ USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Low
ENTRY: 3105
TP1: 3332
TP2: 3500
SL: 2844
NOTES:
- Uptrend
- Support Break up candle
- Rejection candle
- Bouncing off RSI trendline
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = EG Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = EG. Broken support // Trend Reversal // Consolidation
HIGH = EG. Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
OGNUSDT ANALYSISThe candles have been stuck in the Rising Wedge since May 16. Therefore;
- if you have OGN, you should sell it at the resistance level(0.47) and will buy again when they crush the stop line of the rising wedge.
- if you don't have OGN, you should buy it when they crush the stop line of the rising wedge.
And take help at the Robo's signals.