OGNUSDT trade ideas
Ogn short A beautiful opportunity is forming to short on. I tried to buy into ogn last night but my issuer was giving me to many problems. I'll be looking for confirmation to find a good entry to short in the near future so good luck to yall
Origin Protocol (OGN) vs USDFollowing an overbought condition (green column) a 80% correction occurred from August on the above 1-day chart. We now have a oversold condition (orange column) presenting an excellent opportunity.
Some facts:
1) Past resistance (January 2020) is tested as support. Today’s price action confirms support (orange line).
2) Yesterday’s price action closed higher with little to no shadow to the upside printing a Dragonfly DOJI. That reversal was confirmed today with the higher high closing price suggesting a lot more momentum is to come.
3) RSI resistance was recently broken and confirmed as support.
4) Stochastic RSI is oversold and now crossing upward.
Is it possible more downside is to come? Absolutely.
It is probable more downside will occur? Unlikely. The risk reward ratio at this moment in time is excellent.
OGN/USDT Bottoming/Fractal ConsolidationCan not wait for alt season to begin! I feel any bitcoin investment will not be profitable for myself as a small investment promises a small return. However in the mean time I have been keeping my eye on a few alts ready for the season to begin. OGN is a coin I believe is bottoming. A falling wedge shape pattern into a previous support and resistance zone, the rsi indicators are oversold and the mac d seems to be pretty quiet. The fractal consolidation pattern from march - august may just be coincidental. I am hoping it bounces of the bottom support line and begins it's accumulation phase, I hope to be buying in at the point, who knows?
Any thoughts and opinions welcome :) Thanks!
OGN/USDTHi;
OGN/USDT
Buy : 0.180-0.186 USDT
Sell1 : 0.2433 USDT
Sell2 : 0.2829 USDT
Stop : 0.17 USDT
This is not an Investment Advice.
Please like and tip.
Ogn/usdt possible senario( Origin protocol )
Ogn/usdt dropped around 75% from its top in 13 August ..but looks like the bleeding will continue at least short term
Possible senario :
Ogn/usdt trading now at 0.17$
And it faces falling wedge trendline resistance
If it break 0.1550$ below (weak support) and closed below then i think about sell/short position to first key support around 0.1400$
If it breaks also then it will move to second key support around 0.1100-0.1200$
I wont think about buy unless it visit one of key supports then break the falling wedge trendline resistance
Or forming base of support around the second key support and with tight stoploss
Hope this analysis help
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Good luck
OGNUSDT AnalysisAt this moment, there are 3 SELL signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.23) for 1D to buy,
3- You can buy when candles touching the support line (0.10)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
OGN/USDT 4H analysis BINANCE:OGNUSDT
Hello everyone.
As we can see :
- Convergence recently
- BBs basis supports movement
- EMA 20 is support
- EMA 50 is resistance
- Pullback from support line
- Stochastic RSI is in overbought zone
- MACD is narrow but bullish
- Support line on RSI
It seems OGN have potential for more pumps but we wont open position on USDT pair !!
This analysis is only uses for more vision on BTC pair..
Now we know it could be safe to open position on OGN/ BTC .
Here is the OGN/ BTC analysis :
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
OGN D1: Best level to buy 15%/120% gains (SL/TP)BINANCE: OGN/USDT
Buy limit around: 0.15 -0.1590
Stop loss: 0.13
Target 1: 0.286
Target 2: 0.34
---------------------------------
Trading Involves High Risk
Information for reference only
Not Financial Advice
Please Exercise Risk Management.
#OGNUSDT (watchlist)What do we mean by Add this coin to the watchlist ?! 👀
This means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume, shows a reversal candle but no reaction from bulls, accumulation stage, etc, so, we tell you to keep your eyes on this coin until the right time for entry and buy.
We ask Allah reconcile and repay
OGN/USDT|Trend Analysis|Bearish Price Action|Key Levels Todays analysis – OGN/USDT – Bouncing after an impulse sell into long-term uptrend support.
Points to consider:
- Strong downtrend
- Bearish short-term PA
- Respecting long-term trend support
- Oscillators below 50
OGN/USDT is still trading within its immediate downtrend as it bounces after an impulse sell into trend support, a retest of daily resistance is likely.
Oscillators are below 50, this indicates weakness in the market as we continue to tread into oversold conditions.
PA needs to hold trend support with further consolidation within this region before reclaiming daily S/R and the 50 EMA to restore strength in the market.
Failing to hold trend support, price is likely to breakdown to structural support.
Overall, in my opinion, a long trade is validated as price reclaims key S/R levels and EMAs.
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
Origin Protocol Bullish Setup Price made really good close above 7 Ema on Daily which is acting as really tough resistance.
Daily mace cross also happened it will add more fuel
this ema's are binance default ema and i liked them a lot
Bullish divergence in play and looks really good
adding small long below 0.2250
OGNUSDT, Nice sell trade is possible!Watch this! the price squeezed above the level and broke it.
We can get a great sell opportunity here!
How do you think?
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
Origin protocol: Catch a falling knife?Bit of a knife catch
Simple TA,
- Demand tail at trendline support with lower volume. Go to the 4H chart and see what I mean. The volume is actually decreasing signalling a reduction in supply.
- Higher lows.
Concerns,
- Could fall further so invest with money you're willing to lose. High risk high reward.
- When it falls, usually price declines for 2-3 days so might be better waiting till it shows some sign of recovery
OGNUSDTDear friends,
According to the price retrace to Fibo 61.8 and possible PRZ zone and stoch indicator maybe we see the next uptrend wave.
OGN USDT Long Term Analysis (Scrypto Academy)We can see in HTF OGN is completing a long-overdue inverse head cycle and need to touch around $1.10usdt for an MTF full cycle and $2.4 for a full bullish HTF cycle. It will then have a short term consolidation where it creates potentially an inverse right shoulder touching around $1.86 (highly bullish sentiment) or $1.37 (linear to inverse left shoulder support) and we can see $8.5-$10 respectively for new price discovery.
