OGN OGNUSDT Origin Protocol Long Opportunity Sep 29Signal: Red - Blue -> Green
Context: Green
Bottom Structure Break out
Risk-Reward: 2
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
OGNUSDT
OGNUSDTOGNUSDT is trading in fine bullish trend and maintaining well the bullish trendline.
Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from pointed arrows on the chart.
Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack.
if bulls take the charge this time too the next target could be 0.1100.
OGN ANALYSIS (1D)The ogn seems to be inside a large diametric. We are now in the f wave of this diametric. The f wave has become a contracting triangle. Now we seem to be in wave c of this contraction triangle. Such moves can almost be expected from ogn.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#OGN/USDT IDEANYSE:OGN is facing the main trendline resistance, where the Ichimoku cloud is also acting as resistance. RSI crossover and holding above MA is showing bullish momentum. We've to keep an eye on a solid breakout, which would confirm the continuation of the bullish move.
*** OGN BUY ***
SL: 0.068
TP1: 0.1065
TP2: 0.1213
TP3: 0.146
RR: 1:4.5
DYOR and pleaase manage your risk
OGN/USDT explosive upward journey? 👀 🚀 Origin Protocol
💎Paradisers, take note! #OGNUSDT is currently in a demand zone and appears poised for a bullish ascent👀
💎 Over the past few days, #OGN been trading within a specific range. It previously faced resistance at a short-term bearish order block around the $0.0834 level. Now, with renewed upward momentum, it's likely to challenge that resistance once more.
💎 Keep an eye on the supply zone and bearish order block confirmed on higher time frames the price is expected to address these levels soon. Should the price break below the demand zone and key support, be prepared for a potential -7.18% drop.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
Origin Protocol - whats next?The coin came to D FVG and rejected
Correction possible.
Bounce and Continuation of the uptrend from 0.1030 and 0.0883$ is normal. The main thing is not to see the coin below 0.0883$ in this case we will see the coin even lower.
Next possible levels to hit are 0.1374, 0.1596, 0.1857, 0,2225$
Where we can expect correction
Ogn Looking Bullish Seems Like Getting Ready for Massive Recovery
Formed Text Book Descending Channel In 3 Days Tf And Breaking It With Massive Volume While Testing Another Trendline Once Both Got Cleared Recovery Will Be Massive
Incase Of Successful breakouts Expecting Move towards 0.80$ In Midterm
$OGN Performing Falling wedge in 4h Breakout doneNYSE:OGN Performing Falling wedge in 4h Breakout done
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
If you want to go for more pips, you can lock in some profits at the target by closing down a portion of your position, then letting the rest of your position ride.
OGN COIN ANALYSIS AND POSSIBLE MOVESNYSE:OGN Coin Update & Possible move.
• On 1W , 1D & 4H MACD &RSI are bullish.
• Volume is too high as compared to its price so liquidation wick expected ( without proper trade don't open any short otherwise you will get rekt )
• If its break 4h&1D resistanc then price will easily touch 0.20$.
Near me we miss buying oportunity at 0.088$ and short i will not recomand on it if you are not a pro trader.
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ORIGIN TOKEN gain new volume 💣📖💡Hello 🐋
based on the chart, we can see explosive and new volume for the price and break out of the descending channel 📖💡
for
first target definitely we expect more correction close to our Fibonacci levels 💡📖
and
in the long term we expect even more gain 🚀💣
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
OGN's Price Surge: Riding the WaveAs the cryptocurrency landscape continuously evolves and expands, the Origin Protocol (OGN) has caught the attention of traders and investors alike with a breathtaking rally. In the past 24 hours, the digital asset has surged by an astounding 61%, establishing its market price at 0.1202. This seismic activity in OGN's price movement has not only turned heads in the market but also ignited a spark of anticipation amongst its followers.
Examining the asset through a four-hour timeframe chart provides a fascinating glimpse into its journey. The Fibonacci retracement levels, a crucial tool for predicting potential support and resistance levels, plots a promising path for OGN. It has effortlessly exceeded its first Fibonacci level at 0.0888 and is now ambitiously eyeing the 1.618 level, which stands at 0.0977.
This bullish rally doesn't seem to show signs of slowing down, as the Origin Protocol could potentially ascend to the 2.618 level at 0.1121 in the near future. If the bullish momentum persists and the 3.618 level at 0.1265 is breached, the 4.236 level at 0.1354 will be the next goalpost on OGN's upward journey.
A glance at the Bollinger Bands reveals that OGN's current trading price is comfortably above the middle band at 0.0815. This middle band could serve as a stronghold of support if the market corrects. The upper band, currently set at 0.1044, has been eclipsed by the recent price movement, reaffirming the strength of the ongoing trend. Meanwhile, the lower band at 0.0585 seems a remote possibility at present.
However, the surge has placed OGN in a precarious position, according to the Relative Strength Index (RSI). With a reading of 93, it's apparent that OGN is in an overbought state. History suggests that assets tend to retreat from such lofty RSI levels, indicating the potential for a future price correction.
Despite the looming shadow of a potential correction, the volume oscillator presents a rather upbeat picture at 57%. The stochastic index echoes this positivity, with a reading of 86%, indicating a robust bullish sentiment permeating the market. The Moving Average Convergence Divergence (MACD) at 0.0054 further attests to this bullish phase, suggesting the market is currently dominated by buyers.
The On-Balance Volume (OBV) presents a final piece to this puzzle. Sitting at an impressive 2.138 billion, the OBV highlights the significant volume flowing into OGN, providing a sturdy foundation for the current bullish phase.
While the meteoric rise of OGN has instilled a sense of exhilaration amongst its followers, caution is advised. The overbought conditions, as indicated by the RSI, suggest that the market could be due for a correction. If the bullish sentiment loses steam and the buying volume dwindles, OGN may experience a price pullback.
However, if the bullish fervor remains unscathed and the influx of volume is sustained, we could witness OGN painting new highs on the charts. As with all investments, risk management is key. Always remember not to invest more than you're willing to lose and to conduct your research before making any investment decisions. After all, in the volatile world of cryptocurrencies, fortune favors the well-prepared.
OGN Price PredictionOGN price, forming reversal head and shoulder pattern, which the formation it might ends in the middle of march.
Then we can see, bounce from the lows of 0.13 cents until 0.25 cents for the begining of an upside leg.
If we stay above the 0.25 cents as support, we then can see more upside legs froming until 0.37 ~ 0.45 as you can see in the chart.
RSI remaining fro the time being, near oversold area.
This can be good time to buy!