OGN
OGN/USDT BULL FLAG BREAKOUT! LONG TRADE SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this OGN/USDT TRADE setup. OGN looks good here.
OGN is breaking out from the bull flag in 1hr time frame. Buy some now and add more in the dip.
Entry range:- $0.62-$0.64
Target:- 20%
SL:- $0.60
Lev:- 10x
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Also, share your views in the comment section.
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Will OGN continue its uptrend? - Here's the entry levelHere's a quick look at the OGN 2 hr chart. As we can see, the price broke out previously from the bull flag and is now trying push further to the upside. If you didnt catch the immediate breakout form the bull flag, Then the best entry would be when the price breaks above 0.66$ with good amount of volume. Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 14.4$ and take profits at the levels shown in the chart.
Targets:
1. 0.68$
2. 0.72$
3. 0.76$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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OGN Bullish Flag PatternHello Traders
OGN is very bullish.
Good fundamentals and huge buy volumes in last few weeks made a good rally.
Also it had a good correction and right now price seems created a bullish flag pattern that could push the price to 1.09 - 1.19 $ per token.
Like, Follow and Share Please.
Stay Safe.
Thanks For Reading.
-RC
🆓Origin Protocol (OGN) Apr-19 #OGN $OGN
OGN may continue to increase strongly in the near future with the buying force being continuously pushed in. The $0.6 zone is the important support zone of this uptrend.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.6$ zone
🔴Buy : 0.65 - 0.6
🔴Sell : 0.75 - 0.9 - 1.1
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.6$ zone
🔵Sell : 0.6
🔵Buy : 0.52 - 0.42
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Origin Protocol making a base for the 2nd wavecrab harmonic pattern:
X=$17
A=$0.085
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.438
0.88 BC=$0.524
1.6 BC=$1.95
2 BC=$3.87
0.78 XA=$5.48
2.24 BC=$5.96
0.88 XA=$9.32
2.6 BC=$11.74
1.13 XA=$34
3.6 BC=$70
1.41 XA=$150
4.23 BC=$214
1.6 XA=$453X=$17
A=$0.085
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.438
0.88 BC=$0.524
1.6 BC=$1.95
2 BC=$3.87
0.78 XA=$5.48
2.24 BC=$5.96
0.88 XA=$9.32
2.6 BC=$11.74
1.13 XA=$34
3.6 BC=$70
1.41 XA=$150
4.23 BC=$214
1.6 XA=$453
OGN - Going for interesting targetsHello trading friends,
OGN - showing interesting trends depending on TA and could enter new price action zone coming time.
Markets going on them way, it can take time before markets shows an effect.
know that there is no guaranty into markets, as markets can change unexpected.
There should be always an SL to manage the risk.
Have good time
# this is not a trading call, trade only depending your setups, and some times its also better to wait for recovery trends.
Origin Big Correction We are looking for a big correction on OGN. It's massive run up recently was unexpected and appears to be whales pumping and then unloading. The project is currently over extended and appears to be heading back towards the 20 and 50 MA's. We are looking for price to return to 47 and 41 cent region and 36 cents as the third level of market structure.
Wait for a breakout, up to 170%On daily chart
BINANCE:OGNUSDT has been retracing to 0.5 Fib of last surging on 25 Feb.
High risk high return!!!
OGN is still in downward trend, but consider to buy partial to less risk.
Safer option: waiting for a breakout to confirm raising, that time we can join the race.
Wait and see.
OGN Again i am in love with this chart
in next weeks we gonna hit the levels with time zone added to be aware when you want to buy and sell.
peace :)