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Origin Protocol / TetherUS

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OGNUSDT trade ideas

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. 🌴💰
Long
by MyCryptoParadise
OGNUSDT longWe've identified a compelling trading opportunity characterized by both double and triple bottom formations. In addition, we've established two distinct profit-taking targets, clearly indicated on the chart as '1' and '2'. Furthermore, we've employed white boxes to demarcate key support and resistance levels, enhancing our understanding of the market dynamics. Notably, our analysis reveals a descending triangle pattern, signifying a potential breakout. Our recommended trading strategy involves initiating a buy position at the lower boundary of the triangle, positioning for an upward movement. Subsequently, consider selling either at the market zone marked '1' or '2', depending on your risk tolerance and market conditions Ignore the red dotted lines, these are support/rezistance zones in lower time frames
Long
by sentello88
✴️ OGN Short-Term | Bullish All The Way (A Closer Look)✴️ Origin Protocol Short-Term | A Closer Look Bullish action is ON! Origin Protocol (OGNUSDT) managed to conquer EMA300 as resistance and is now undergoing a retrace. We looked at this pair long-term and now we would like to have a closer look. Origin Protocol hit a low 10-June and quickly moved up to find EMA300 working as resistance. After a higher low 17-August, another challenge of EMA300 as resistance fails and OGNUSDT enters a small retrace. Finally, late September OGN managed to break above EMA300 on rising volume. After a strong resistance level is conquered it is common to see a test of previous resistance as support. The price at which OGNUSDT is trading now matches the 23-July and 8-September sessions price range. As this level is tested and holds as support, then OGNUSDT is likely to resume going up. The main support levels now stand out as EMA21 or 0.11289, matching 0.618 Fib. retracement at 0.11567. This is a strong level and can easily hold. If prices move lower, the 0.786 Fib. retracement (0.09400) is very likely to work. 👉 There can be some variations in the very, very short-term, but Origin Protocol is set to continue growing on all timeframes... See the arrows on the chart for a rough projection. Bullish all the way. Namaste.
Long
by AlanSantana
4
Bulls Arrived For Origin Protocol (OGN)Hi dear members, hope you are well and welcome to the new update on Origin Protocol (OGN). The recent trade signal for OGN: Before starting the analysis of Origin Protocol, I would like to share with you my most recent trade signal for OGN, which I shared on 14th Sep 2023. That was a harmonic bullish reversal Gartley move, which Origin Protocol formed on a 4-hour time frame, and recently it has begun a successful bullish reversal form the potential reversal zone of this move. Formation of huge wedge: on a 7 days time frame chart, the price line of OGN was moving in a huge falling wedge pattern. The resistance of this move was multi years based, because this resistance was found in the month of April 2021. Now recently in the 4th week of September 2023, OGN has broken out the resistance of this big falling wedge pattern. Big down channel and key resistance: While the price and of OGN was moving inside the big falling wedge, at the same time it from Oct 2022, it started farming another down channel on the same weekly time frame chart. Now after the breakout from the big wedge, the priceline is struggling to break the resistance of this channel and a key resistance of $0.20. Targets: As OGN token has already broken out if very big falling wedge pattern, therefore, now there is a very high probability that soon it may also break out the next down channel as well. The priceline has already spiked very close to the target of the down channel, which is almost at $0.20, and the final technical target for the breakout from a big wedge pattern is approximately at $3.50. Conclusion: Origin Protocol is in down trend since April 2021. Now recently it has broken out a very big falling wedge, and If It also breaks out the down channel then it will be a quite firm confirmation that now this long down trend will be completely changed to the up trend.
Long
by moon333
2
OGNUSDT Analysis: What's Next For Original Protocol? 👀 💎OGNUSDT is currently anchored within a demand zone, signaling possible upcoming trajectories. 💎Looking back, OGNUSDT experienced a trendline break, steering it downward. Yet, its resistance at the supply zone coupled with the establishment of an equal low has set the stage for a potential bearish turn. 💎Now, as it finds its footing in the demand zone, a sustained momentum could propel OGNUSDT toward the looming resistance. Conversely, if it slips through this zone, it might find a foundation and embark on a bullish journey from the rising trendline. 💎A pivotal element to monitor is the Bullish OB line, which has consistently offered support. If Origin Protocol dips below this line, a decline to the marked region might be on the horizon. 💎Optimize your OGNUSDT trading strategies with ParadiseFamilyVIP. Immerse yourself in detailed insights on Origin Protocol and other promising tokens, and enhance your crypto profits.
Long
by MyCryptoParadise_Simon