OGNUSDT trade ideas
$OGN.X/USDT - Long - Potential 32.03%$OGN.X/USDT - Long - Potential 32.03%
Exchanges: KuCoin, Binance, Huobi.pro
Signal Type: Regular (Long)
Entry Targets:
1) 0.6392
Take-Profit Targets:
1) 0.6725
2) 0.7214
3) 0.8443
Stop Targets:
1) 0.5875
Entry Trigger - Bullish weekly pivot, good volume
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
OGN (Origin Protocol) Token Analysis 28/03/2022Fundamental Analysis:
Origin Protocol is bringing NFTs and DeFi to the masses. Origin’s flagship products are Origin Story which has supported numerous high-profile NFT drops, and Origin Dollar (OUSD), the first stablecoin that earns a yield automatically in users’ wallets. Origin’s platform and governance token is OGN. Origin was founded in 2017 by successful Silicon Valley entrepreneurs and has a team of experienced engineers from iconic tech companies like YouTube, Google, PayPal, and DropBox.
Origin Protocol provides a platform for building peer-to-peer marketplaces and e-commerce applications. Users can buy or sell goods and services on these marketplaces, and developers can create their own applications powered by the Origin blockchain. The Origin token (“OGN”) is used as an incentive, payment, and governance token in the Origin ecosystem.
The current CoinMarketCap ranking is #200, with a live market cap of $248,801,973 USD. It has a circulating supply of 388,570,733 OGN coins and a max. supply of 1,000,000,000 OGN coins.
Technical Analysis:
The Token has fallen more than 90% Lower than its All Time High, it is at a very Discounted Price and Currently at the accumulation zone, soon the Smart Money effect shall Appear on the Price Value.
As the price value Start its Bullish trend From these kind of Discounted Zones such as Fib 78.6% or lower such as 85%, we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH.
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points .
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
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.
UPDATE - MY SHORT ON OGN Hey Guys, my short is playing out well. Already 60+ profit with my 10x leverage position. I thing we have a good chance to the get near to my target at 0.47 but we also have possible supports on the way down.
I believe if I we take a look on the RSI we find support between 0.47 and 0.52
If we get in this area I open a new long position. This coin is one of my favorites in the last days to trade.
What you thinking?
Origin Protocol (OGN) 164% gained, the long 10x back to ATHOrigin Protocol (OGN) 🔥🔥 great performance since the fast and slow ema cross-over signal 🎯from our new A.I strategy. This strategy has been catching some great returns with the new momentum sniper swing call script. Currently Origin Protocol has gained 164% over the past 9 days from the bottom at $0.25. From the current price @ $0.78, the next big hurdle will be to break the 23.60% fibs $0.99 where OGN has failed to establish strong support above $0.99, failing for a true break-out towards the 38.20% fibs on 10 occasions over the past 198 days since the capitulation of the May crash. From the current price, our next target is at the 61.80% fibs @ $2.17, currently 179% gain away.
OGN looks on course to a recovery back towards the ATH after the reset of the market over the last quarter of 2021 and 1st quarter of 2022. A lot of weak hands have been shaken out, protect your capital, re-strategise if you there are weaknesses in your portfolio which can be reduced or build a new strategy from your experience, you do not know when, but the momentum which is due to be in the market is one which should not be missed as we see the increasing need for personal sovereignty with the rise of inflation due the first after shocks of the 'conflict' in Ukraine. West vs East, we are seeing the splitting of two worlds and the word inflation is one which keeps coming up over and over again..traditional safe havens like gold & silver are your friend during these times and the rapidly expanding, fast growing, disruptive cryptocurrency market is one which i believe will stand in the long-term..Relax and DCA, longterm you'll be years ahead of the average 🚀
Origin Protocol (OGN) Howdy?
today we gonna talk about OGN, Origin Protocol provides a platform for building peer-to-peer marketplaces and e-commerce apps. Users can buy or sell goods and services on these marketplaces, and developers can create their own applications powered by the Origin blockchain. The Origin token is used as an incentive, payment, and governance token in the Origin ecosystem.
0.66 level is very interesting for OGN cuz if we pass it and bitcoin doesn't correct then we can see higher levels for OGN and back to 1$
Spring is comin