OGNUSDT trade ideas
OGN might XplodeTook a risky bet on this one.
I am already long on this one from lows which is up by 10% already.
But here took a levereged long from 0.1422 stopping it if it holds below the area(0.1400).
No TPs right now ill update it later if works out.(expecting higher)
I think if it holds here for little bit more it can go massive so taking risk here is fine for me.
Risk management is very important while trading.
Note: Not a Financial Advice.
OGN looks ready to rock!I think its a matter of time before OGN shoots up.
I am tageting the 50% of the last most significant drop. This also lines up with the 4.669 chaos level that I use.
Price has been consolidating for 11 weeks and looks ready to go. Price has also closed above the 200 SMA on the 3 day chart.
Its just a matter of time imo.
Considering following my account if you find this analysis useful.
OGN - Break out - Retest - Go!Dear my friends,
I found a coin that just broke out on the weekly chart. And retested successfully. Now the price is above support. There is currently no resistance ahead and I am waiting for an explosion.
You can see the RSI below, it has also broken out of resistance.
Additionally, when observing the volume breakout at the previous week's candle. The buying force is very strong to break out of the resistance.
Combine the above factors. I have set goals and will wait patiently.
Best Regards,
OGN Price Surge Alert! The Path to Financial Freedom Starts Here**Short Fundamental Analysis of Origin Protocol (OGN)**
Origin Protocol is an Ethereum-based decentralized platform that aims to create a seamless and user-friendly experience for buying and selling goods and services across multiple blockchains. The platform utilizes its native token, OGN, to facilitate transactions, incentivize network participation, and support governance decisions.
**Recent News**
- **Origin Protocol Launches On-Chain Referral Systems for Web3 Attribution Tracking:** Origin Protocol has introduced on-chain referral systems, enabling businesses to track user referrals and reward them in a secure and transparent manner. This development aligns with the company's focus on empowering developers to create user-centric and incentive-aligned Web3 experiences.
- **Origin Protocol Releases November 2023 Token Holder Update:** In its latest token holder update, Origin Protocol outlined its progress on various initiatives, including the launch of its Story platform, the development of its Origin Dollar (OUSD) stablecoin, and the expansion of its liquid staking solution, Origin Ether (OETH). The update also emphasized the company's commitment to community engagement and transparency.
**Disclaimer**
Please note that the information provided above is for informational purposes only and should not be construed as investment advice. Cryptocurrency markets are highly volatile and subject to significant risks. Potential investors should conduct their own research and due diligence before making any investment decisions.
Origin Protocol to $14On the above 3-day chart price action has corrected a massive 95% from $3.20 last April. A number of reasons now exist to be long, including:
1) A ‘incredible buy’ signal has printed. (1-day chart below)
2) RSI resistance breakout and support.
3) Regular bullish divergence. Multiple oscillators are printing bullish divergence. Look left (Green shapes).
4) The bull flag with price action now testing the golden ratio.
5) The target price is a measured extension from the flagpole.
6) The 3-day BTC pair fills a lot of the criteria above (see chart below).
7) Nudge nudge wink wink - don’t know what I’m talking about? Isn’t that a pity.
Is it possible for price action to fall further? Absolutely.
Is it probable? No.
1st target $14
Good luck!
Ww
1-day chart
3-day BTC pair
OGN/USDT Upward Move from demand zone? 💫 OGN Today analysis💎 Paradisers, observe OGNUSDT as it showcases a notable pattern, indicating an increased probability of an upward movement from the demand zone.
💎#OntologyGas has consistently followed a descending channel pattern, breaking above it to commence an upward trend. Currently, after experiencing rejection from the upper supply level, It is displaying a heightened likelihood of an upward movement from the lower demand zone. With this ongoing potential for upward momentum, NYSE:OGN is set to target the supply level at $.1438.
💎 Additionally, for #OGN traders, stay vigilant for a potential downward move if it breaks below the demand zone at $.1200.
💎 In this dynamic and constantly shifting market landscape, strategic insight and adept decision-making are key. Crafting a well-rounded trading strategy, which includes effective money management and an in-depth understanding of support and resistance levels, is crucial for achieving successful trading outcomes. 🌴💰
OGNUSDT - PERPETUALGOOD ELLIOTT WAVE PATTERN
OGN looks promising; we are just at the beginning of wave 2 (which typically produces the largest bullish movement), and this is accompanied by the fact that on the weekly chart, it is entering a zone with strong buying pressure.
SL & TP Indicated in chart
Manage your leverage responsibly