OGNUSD
OGN/BTC (Test the 2700 sat Major Support?)BINANCE: OGNBTC
-The market is red, Bitcoin is falling off the cliff
-The downside potential rebuy area is around 2789 sat
-This is a confluence of upward trendline and previous major support
-If Bullish rejection around this area is seen
-This might be a good potential swing point entry
-OGN might retest the key resistance at 4500 sat area
OGN USDT Long Term Analysis (Scrypto Academy)We can see in HTF OGN is completing a long-overdue inverse head cycle and need to touch around $1.10usdt for an MTF full cycle and $2.4 for a full bullish HTF cycle. It will then have a short term consolidation where it creates potentially an inverse right shoulder touching around $1.86 (highly bullish sentiment) or $1.37 (linear to inverse left shoulder support) and we can see $8.5-$10 respectively for new price discovery.
OGN/BTC (Key Support Confirmed?)OGN/BTC
-This coin may have found support at previous resistance & support zone
-It is now moving up confirmation our new key area to watch is 2400 sat range
-If we will look at the bigger picture, we can see a descending triangle
-Can we see OGN retest the downward trendline resistance?
-Well, there is a possibility as long as the market condition will be in our favor
-If you want to enter a position, your ideal stop loss is below the green support
-Target is on the chart up to 4000 sat area
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.
OGN trading idea.Hello, traders.
OGN is accumulating above the important resistance level after a very strong uptrend movement, this correction can be over after this support level pullback.
The best place to buy is next to the blue line but be careful, wait for fakeouts movements.
Always use a stop-loss.
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OGNUSDT forming bullish BAT for upto 71% moveHi friends hope you are well and welcome to the new update on Origin protocol. Recently the Origin token has surged more than 311%. In today's post we will try to understand why it is surged and what next can be happened.
Formation of bullish harmonic patterns:
If we watch the daily chart then price action of OGN token 1st formed a bullish Shark pattern and within the potential reversal zone of shark it formed another harmonic bullish BAT pattern. And finally the price action took a powerful bullish divergence from the potential reversal zone of bullish BAT and the potential reversal zone of bullish Shark as well and produced more than 311% rally.
The significance of 25 SMA:
If we place the simple moving average with the time period of 25 on the same daily chart. Then this moving average has a very much significant role in the formation of these harmonic patterns. For example when the price action took first bullish divergence and form the initial leg. Then it retraced up up to 25 simple moving average. And here 25 simple moving average pushed the price action up to form the B to C leg of bullish Shark. If we watch the BAT formation then after initial leg the price action moved on the 25 simple moving average and using the help of 25 simple moving average support it formed the B to C leg. Therefore this time there is a possibility that after this move the 25 SMA will again move up to provide the support to the price action to forming some other harmonic pattern.
More over the 50 SMA is also moving up to form bull cross with 100 SMA that can start another powerful rally.
New harmonic move:
Now if we switch to the small time period 4 hour chart. Then it can be observed that the price action is forming another harmonic BAT pattern. After initial leg the second leg is retraced between 0.382 to 0.50 Fibonacci level this is a first confirmation of bullish BAT. And then the price action has been projected between 0.382 to 0.886 Fib projection of A to B leg. This is the second confirmation of Bat. Now the price action should be retraced between 0.786 to 0.886 Fib retracement level to complete the bullish BAT. We also have the 50 and 100 simple moving averages between the potential reversal zone and the 200 simple moving average below the PRZ level. Therefore it will be difficult for the priceline to break down the potential reversal zone after having such strong supports. However we should set the maximum extent of the potential reversal zone as stop loss because if it will be broken down then it can go for the formation of bullish Crab pattern. As per Fibonacci sequence the potential reversal zone or buying zone and the Fibonacci projection or sell zone are as below:
Buy between: $0.2825 TO $0.2561
Sell between: $0.3454 to $0.4391
So this very short term 4 hour time period chart has the potential to produce up to 71% bullish rally. However if the price action will cross up the 0.786 Fibonacci projection level then price action can produce more big and powerful rally.
Conclusion:
The Origin protocol has strong reasons to continue the bullish move. Because it has upcoming events and it is also forming different harmonic bullish moves very well. However, it is very important to take care of stop loss while buying such bullish asset to minimize the risk investment.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
OGN/BTC (Strong Breakout after New Listing?)OGN/BTC
-on June 6, the cross ultimate indicator flashes Buy priority signal
-the price went up over 100% after a bullish breakout of ascending pattern
-I do not recommend to buy at current levels
-wait for a good pullback zone at immediate daily support areas
-wait for a reversal sign before entering a position
-like bullish rejections or multiple green candles
OGNBTC Bearish Update TA#OGNBTC Update:
#ogn breakdown Support and Looking Bearish.
I can Expect fall down till 2255 Sat.
So trade Carefully.
but if any candle close above 3700 then I will enter otherwise Wait for 2355 sat.
This update posting because you aware and know what happening in trade.
If confused then exit market.
open trade only when you know where is my Stop loss.
Learn and Earn safely.
#Trade Carefully.
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OGN/BTC Technical Analysis UpdateOGN/BTC now At strong Support Level.
now Price is 3460 Satoshi.
we can expect bounce from here.
if bounce then we can expect 20%-40% expect from here.
but if break this Support then we can see bellow 2500 Satoshi.
so I opening Small position for long.
Entry: 3400-3450 Satoshi.
Targets : 4000/4500/4960 Satoshi
Stop loss: 3300 Satoshi. but best Stop loss is 3168 Satoshi (risk traders).
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OGN/BTC (Bullish breakout: up to 50% profit)OGN/BTC
OGN broke bullish of this descending channel to the upside and currently pulling back to retest old resistance becoming new support.
If this level will hold, it will be a good opportunity to open a Long position and target up to 5000 sats area.
The stop-loss would be below 2900 sats.
OGNBTC rapidfire key alt BOOMS (Rumor BOUGHT)
Stop: 3495
Pivot (Blue): 4954
TP1: 5148
TP2: 5485
Rumor bought; pending sale. Major news on $EOS/$ETH $OGNBTC $OGNETH $XTZUSD $TRXXRP
XTZ, XRP OGN (might be late on these) however; aforementioned alts are in for a golden sunrise with the EST sunrise — I’ll publish this immediately so none of you have to FUD/FOMO.
Please be sure to read the disclaimer after I publish and edit it in before even considering any of my publications or reading any statements, analysis, projections or conjecture in accordance with the 1934 Securities Exchange Act, Section 16A & more recently the Insider Trading Prohibition Act under Section 10(b) and the SEC’s Rule 10b-5.
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
[i [Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
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Origin ProtocolOrigin Protocol (OGN/USDT) +10% Today.
Continuation?
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
OGNBTC Technical Overview for Long#OGNBTC Overview:
#OGN Now At good Support Line at 3000 Satoshi ( also psychological Support)
Support 1: 2987 Sat
Support 2: 2333 Satoshi
If any 4 hours candle close bellow support line then I will exit otherwise My Target = Resistance
Resistance : 3723 / 4340 Satoshi
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