OGN NEXT POSSIBLE MOVEBINANCE:OGNUSDT
Hello Traders
Never underestimate breakouts of main resistance that been tested multiple times.
its a long term trade and it may take few weeks
a breakout above the red trendline will push the price higher
Risk/Reward : 1/3
Don't forget again that every thing depends on bitcoin's action in this market so be cautious and take your risk
OGNUSDT
New ATHs coming for $OGN?$OGN bounced off the .50 fib retracement from last cycle and currently consolidating. The 3-day MACD flipped green for the first time since it's last run of 22.5x. If this occurs, there's potential for it to reach $16.73 as this is the 1.618 fib level of last cycle. This is one of the lowest market-cap coins on Coinbase with some notable investors (Founder of Youtube, Reddit Founder and partner at Y combinator).
OGNUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, after the fall and failure of the current support line, the price has been able to appear above the support line with a strong candlestick, and we intend the price to reach our target. In case of re-falling below the support line, we consider more fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Ascending Triangle / OGNUSDTOGN has formed an ascending triangle, with a support-trendline that holds from early 2021. This could be a good entry point for a potential 2x (nearly).
As for the resistance (in yellow), we can see that it was hit mid March for the first time, it held, then it was broken at the end of March. It then became a support and held in late April, then it was broken mid May. It became once again resistance and held 10 days after in late May.
In the end, we can observe how the 1.50-1.40 range is a the only well-respected price point in the entire chart. I’m expecting a rally from the current price to that target at any time in the next months.
As always, the idea might be invalidated depending on how BTC acts.
Good luck, and stay safe!
Not financial advice.
OGN > Trendline Support > To the Moon?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of OGN.
According to my technical analysis, Origin is following a strict trendline. So, I am long on it.
Origin broke the trendline resistance and after a retest, it following trendline support to go up.
"My analysis is valid until We don't see a breakout from trendline"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Global base scenario for OGNUSDT. Weekly chart.1 On the weekly chart, we can see a potential variation of the double bottom pattern usually called "Adam and Eve" (sharp bottom first, following by a gradual accumulation later). Typically, the accumulation occurs 2-3 times longer than the first bottom, so it can be assumed that the market accumulation will continue at least until the end of summer.
2 It is important to follow the global trend line (black line), as well as the moving average MA50 (green line). They are both now at the same level (the moving average is "hugging" the trend line at the moment), this is a strong support.
3 Taking into consideration the fact that, generally, accumulation occurs with low volatility, the width of the accumulation range will depend on the conditions of the whole crypto market, therefore, short-term price dives below the trend line would still provide excellent buying opportunities.
4 After the price breaks the accumulation zone, minimum potential price targets will be - $ 1.44; $ 1.81; $ 2.18 which are perfectly matched with the Fibonacci retracement levels.
Have a nice week everyone!
OGN - I see potential I was on Binance and OGN caught my attention.
See it already hit resistance on 4H Fib and also the middle Bollinger band but it also is on the list of top coins on Binance.
And I also checked my indicators and also the volumes and I think that after a small correction back to the support area, it can pump back and break this resistance.
Here's the plan: Open your long positions right after the first 4H candle closes above the resistance area and aim for the targets I've shown on the chart.
Current Market Price: $0.8718
Good Luck
Tell me your ideas. Like and Share
OGN LONG TRADE 20210616Signals: Red -> Green + Context: Green
ORIGIN PROTOCAL, OGN, OGNUSD , OGNUSDT , CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
OGN at support, Buy Back News announcedOGN is bouncing from the local support and also respecting the uptrend line. OGN breakout the symmetric triangle now trading above it. Origin Protocol team has announced a buyback of $1.3 Million worth of OGN tokens. The team is continuously reducing the liquid supply of the OGN token.
Buy zone: $0.922-$0.925
Target: $1.07 - $1.19 - $1.34 - $1.47 - $1.67 - $1.84 - $1.99 - $2.25 - $2.6
OGN: Origin Protocol LONG Trade 20210530Signals: Red -> Green
OGN, Origin Protocol, OGNUSD, OGNUSDT, OGNUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
OGN - Amazing breakout!OGN broke out the resistance channel a few days ago with an amazing strength.
Now that I'm looking there will be a good buy opportunity after the price crosses the resistance area.
Open your long positions after the first 4H candle closure above the resistance as shown on chart.
It's powerful for now, and the buy volume is very high.
Don't miss it!
NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck
Tell me your ideas. Like and Share