OGNUSDT trade ideas
✴️ Origin Protocol Long-Term Accumulation 3,000%+ PotentialThe upcoming bull-market is very likely to end up in a new All-Time High for this pair, so the 3,000% potential mapped on this chart is quite conservative, it should be the target for the next strong bullish phase but not the next market top.
Origin Protocol's bear market ended May 2022.
All the action from May 2022 through September 2023 is a long-term accumulation phase.
👉 Notice the ultra-high volume late May 2022.
👉 Notice the high volume June and September 2023.
1) Bear market | It is defined by lower highs and lower lows; descending prices.
2) Accumulation phase | It is defined by sideways action.
3) Bull market | It is defined by growth, higher highs and higher lows.
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OGNUSDTOGNUSDT is trading in fine bullish trend and maintaining well the bullish trendline.
Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from pointed arrows on the chart.
Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack.
if bulls take the charge this time too the next target could be 0.1100.
#OGN/USDT IDEANYSE:OGN is facing the main trendline resistance, where the Ichimoku cloud is also acting as resistance. RSI crossover and holding above MA is showing bullish momentum. We've to keep an eye on a solid breakout, which would confirm the continuation of the bullish move.
*** OGN BUY ***
SL: 0.068
TP1: 0.1065
TP2: 0.1213
TP3: 0.146
RR: 1:4.5
DYOR and pleaase manage your risk
OGNusdtOGN if breakout from trendline a possible Long position.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions
OGN/USDT explosive upward journey? 👀 🚀 Origin Protocol
💎Paradisers, take note! #OGNUSDT is currently in a demand zone and appears poised for a bullish ascent👀
💎 Over the past few days, #OGN been trading within a specific range. It previously faced resistance at a short-term bearish order block around the $0.0834 level. Now, with renewed upward momentum, it's likely to challenge that resistance once more.
💎 Keep an eye on the supply zone and bearish order block confirmed on higher time frames the price is expected to address these levels soon. Should the price break below the demand zone and key support, be prepared for a potential -7.18% drop.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
Origin Protocol - whats next?The coin came to D FVG and rejected
Correction possible.
Bounce and Continuation of the uptrend from 0.1030 and 0.0883$ is normal. The main thing is not to see the coin below 0.0883$ in this case we will see the coin even lower.
Next possible levels to hit are 0.1374, 0.1596, 0.1857, 0,2225$
Where we can expect correction
Ogn Looking Bullish Seems Like Getting Ready for Massive Recovery
Formed Text Book Descending Channel In 3 Days Tf And Breaking It With Massive Volume While Testing Another Trendline Once Both Got Cleared Recovery Will Be Massive
Incase Of Successful breakouts Expecting Move towards 0.80$ In Midterm
OGN Break The Resistence and We Can Try a Buy Trade here. Here is My Study On OGN
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OGNusdtOGN buy set up.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
$OGN Performing Falling wedge in 4h Breakout doneNYSE:OGN Performing Falling wedge in 4h Breakout done
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
If you want to go for more pips, you can lock in some profits at the target by closing down a portion of your position, then letting the rest of your position ride.