Origin
OGNUSDT Elliott Wave CountRight now, OGNUSDT has completed the ABC corrective pattern based on the Elliott Wave theory. We strongly expect a continuation of an emerging uptrend, specifically there should be the next and strongest wave-3 to the upside. We have already shared OGNUSDT in our channel for a major uptrend.
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.
Origin Protocol (OGN) formed bullish BAT for upto 28.50% pumpHi dear friends, hope you are well and welcome to the new update on Origin Protocol (OGN).
Previously we caught more than 106% pump of OGN as below:
Now on a 4-hour time frame, OGN with Bitcoin pair has formed a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Upward movement for GOLDhello guys...
as you can see in chart gold break last descending trendline and formed a double bottom and i thing as height as this pattern go upward.
in lower low we can see reaction to little kink in LTF and a quasimodo pattern and after that price do a nice hunt by shadow and start upward movement.
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
$SLP Market Manipulation Successful!I want to start this article with the quote I published in twitter
"The more you anticipate, the more you'll be manipulatable"
A lot anticipated the Origin pump of $SLP since the start of April. Market manipulators knew that. As you can observe from vector 0, MM's started to push the price to create an illusion that SLP is very bullish. They were able to perform the Tri-dimensional Axes of Manipulation, namely, Von Restorff Effect, Reverse Psychology, and Bandwagon effect. The details are in the chart.
If you have questions, you can dm me in my twitter account:
@flerovium_
SLPHidden bearish divergence and bearish butterfly pattern at 1H TF. We might dip to around 0.0201 and 0.0196 . From there it will create a bullish butterfly pattern. We will bounce from that level and reach 0.0208 and 0.0211 . If we get a candle close above the bullish pennant pattern, we will most likely go back to 0.0220 .
SLP Prediction for Long TermIn the daily timeframe of SLP, we have ended the bearish cycle. We are now currently in the beginning of a bullish cycle. Using Elliot Wave Fibonacci levels, I predict that we will hit 0.0566 , from there we will retrace to 0.0410 , and lastly we will jump high to 0.0855 . In the retracement for wave 2 there is a double EMA cross which is a good buy signal for long term. Looking as well on the volume, we had a high volume rally in wave 1 and the retracement was low volume, this is a good sign that SLP will go very high in the near future. SLP is now on the bullish cycle and I think that SLP will reach its ATH by the end of the year. Origin is fast approaching and once it comes out, we will see the biggest pump of SLP for this year. As long as SLP is above the RSI level, SLP will have good results.
Time for next impulse for OGN?I think we will see the price go up by early next week.
The laset couple of impulses have taken prices up by approximately 100% each time and it is very likely the prices will repeat the pattern.
The setup will be invalid if the price does a breakout of the triangle support highlighted in the chart.
What are your thoughts?
Note: This is not a financial advise.
₿ OGNUSDT 1D ₿ : #Buy_Recommendation 🟢As we can see, the price is gathering strength to start a strong rise .
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart. BINANCE:OGNUSDT
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 17.Sep.2021
⚠️(DYOR)
OGN still lagging but looking greatOGNUSDT had the perfect retest on the breakout zone. Now slowly creeping higher and could easily keep pushing. Super clean chart
OGNBTC another massive accumulation zone and the chart is looking super hot. Clearly bottomed out and sellers are exhausted. Once the ATHs get broken the upside could accelerate.
Origin protocol could benefit from the NFT boom and is definitely a coin with huge potential and big backers.
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 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.
Ognudt 🚀 after breakout We are in the symmetrical triangle after breaking the descending channel now if we break the triangle on upper side it can reach the above resistance. Breaking the above resistance can move us to the next resistance.
Let me know your thoughts in comments
Don't forget to like and follow me for future updates
Thanks