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Origin Protocol / TetherUS

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OGNUSDT trade ideas

OGN Ascending Triangle OGN had a momentary breakdown through 50 day MA, but quickly regained composure and continued riding it tightly upward. With a strike on the MACD and a bullish divergence in the RSI, I would be surprised if we don't see a movement towards the upper bound of the ascending triangle. OGN has a small market cap and there is an influx of cash to the space looking for big returns; with the big AWS news already underway, I see positive tailwinds supporting the technicals. Look for a potential breakout in 1-2 weeks
Long
by TShelbyLtd
4
OGNUSDT Daily S/R| Swing High| Volume Influx|Oscillators NeutralEvening Traders, Todays analysis – OGNUSDT – trading above Daily S/R, confirming it as support increases the probability of a bullish continuation. Points to consider, - Price action impulsive - Daily S/R Support - Swing High objective - Volume Influx - Oscillators Bullish Control Zone OGNUSDT’s immediate price action is impulsive, trading at a key trade location, confirming an S/R Flip retest allows for a bullish bias. The Swing High is the current objective, exceeding this level increases the probability of a trend continuation. There has been a volume influx, indicative of a true break, follow through is needed to sustain momentum. Both oscillators are trading neutral in their bullish control zones, maintaining these regions are indicative of strength. Overall, in my opinion, ETHUSDT is a valid long with defined risk; price action is to be used upon discretion/ management. Hope this analysis helps! Thank you for following my work And remember, “The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
Long
by AzizKhanZamani
1
OGNUSDT (ORIGIN PROTOCOL) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - OGNUSDT printed a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - The market has been consolidating in a rectangular pattern since the breakout. - This rectangular consolidation pattern is known as the accumulation phase (0 - 0.786 fibonacci retracement level). - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the accumulation phase resistance (0 fibonacci retracement level / R1). TARGETS 🎯 - Horizontal resistance level (R2). - Fibonacci extension levels. - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the accumulation phase support (0.786 fibonacci retracement level / S1).
Long
by Chibuike_Odoh
2
OGN Token - Origin Protocol. Main Resistance Zone (OGN/USDT)Hello dear friends. Coin under review At the request of one of the subscribers, I will disassemble this coin for a medium term for everyone. (Thank you for following me and thank you for trusting me. I am very pleased with this, and I hope that I can help you and you will make the right decision.) I ask every participant who is just starting to trade, do not buy with your entire deposit, do not trade on your convictions, and observe all aspects of correct and profitable trading. If you need help - write to me, I will help you if possible for free (Not everything in this world should be for money) I want to say that this is a pump coin that trades in a wide range and for a long time. Therefore, if you enter (make a purchase) and it makes an impulse, you fix your profit. Now about the analysis. Going beyond the border of the green rectangle - often gives a powerful upward impulse. If the price is driven out of this range, a repetition of such a pump impulse will take place, in my opinion. (targeted on the chart) I also want to say that I look forward to further growth for this coin, but I warn everyone - this is not financial advice. Do not buy on credit and do not expect a miracle. Respect your risk and money management and trade wisely. Cluster analysis is a medium-term purchase volume. Of course, less than a few months ago, but - the volume speaks of growth. Next, we have a support line, if it is broken, the price will be driven down. But I expect to go beyond the green rectangle and further growth, since there was a very long channel of accumulation + the price is growing and correcting.
Long
by UnknownUnicorn13204076
2