OGNBTC trade ideas
OGN - Coinbase listing on the cards.. #OGN with a possible listing on Coinbase its worth keeping an eye on this one.
EMA 55 also supporting this recent retrace to an important level.
I want to see a break of the diagonal, retest and a move at least to the highs....
Setup. You can enter a small position now or wait until the diagonal has been taken and retested.
I will add the this post as the setup progresses...
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OGNOGN/BTC looking solid. Market cap is around 50million which could mean some good mid-long term growth for OGN. If this monthly candle can close strong, we could see a retest of the green line next month and moves to the fib measured sat levels above. Prices here and below are good places to buy and hodl to the key fibs where profit taking should be considered.
OGNBTC Opportunit for another 56% profitOGNBTC Looks like it has broken out to the upside a long term wedge.
If we manage to hold above the wedge we are extremely bullish.
For now, we can see a retest at the green zone as given in the chart and bounce from there.
OGNBTC gave us a good 63% profit in the past and now we potentially can have some more profits.
I am entering in the given green zone, and will add more if any dip.
Entry: Green Zone
T1: 5545 sat (27% profit)
T2: 6813 sat (56% profit)
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Many signs here to notify us for bullish action
The MACD is starting to grow while gaining momentum
RSI is real strong (105)
Good and Short retracement happened (According to retracement rule whatever retracement shorter, the longer ascent will occur)
initiated golden cross: EMA50 (Red line) broken by EMA20 (Green line)
GOOD LUCK
Origin Protocol (OGN) Aims At New High As Next TargetOrigin Protocol (OGNBTC) is aiming to cement a new uptrend and going for a higher high.
This next target is 60%+ away from the current price.
As bullish signals we have:
7 green consecutive candles.
Prices trading above MA200.
Bullish RSI.
Bullish MaCD.
We also have an ascending channel and more green volume starting to come up.
Thanks a lot for your support.
Namaste.
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