OGN
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. 🌴💰
OGN SHOWS VOLUME INCREASEThank you for reading this update. Please remember that this is not advice
Depending on our study we see that OGN has a good chance of volume increase.
This update depends on the day trading, the price action can increase in the coming time, and the market will show which targets this coin can increase.
* This updates depending on day trade, and it's possible that we can see an increase, and after that a return since it's crypto.
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.
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.
OGN OGNUSDT Origin Protocol Long Opportunity Sep 29Signal: Red - Blue -> Green
Context: Green
Bottom Structure Break out
Risk-Reward: 2
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
OGN ANALYSIS (1D)The ogn seems to be inside a large diametric. We are now in the f wave of this diametric. The f wave has become a contracting triangle. Now we seem to be in wave c of this contraction triangle. Such moves can almost be expected from ogn.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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 $0.0834 level. Now, with renewed upward momentum, it's likely to challenge that resistance once more.
💎 Keep an eye on the supply zone and bearish order block confirmed on higher time frames the price is expected to address these levels soon. Should the price break below the demand zone and key support, be prepared for a potential -7.18% drop.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
Ogn Looking Bullish Seems Like Getting Ready for Massive Recovery
Formed Text Book Descending Channel In 3 Days Tf And Breaking It With Massive Volume While Testing Another Trendline Once Both Got Cleared Recovery Will Be Massive
Incase Of Successful breakouts Expecting Move towards 0.80$ In Midterm
OGNUSDT STILL PROMISING AND JUST ABOUT READYLike you, when you were growing up, OGN shows huge potential.
Unlike you, I expect OGN to really perform from its current level and quickly become one of those coins that make people regret not entering when they read this.
Meh. Use it, don't use it.
If you do, and would like TP's, DM me and we can talk. Trading is easier when you're confident. That's what I'm offering.
See my previous OGN post what happened minutes after it was published.
The next run will me much, much greater.
ORIGIN TOKEN gain new volume 💣📖💡Hello 🐋
based on the chart, we can see explosive and new volume for the price and break out of the descending channel 📖💡
for
first target definitely we expect more correction close to our Fibonacci levels 💡📖
and
in the long term we expect even more gain 🚀💣
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
OGN's Price Surge: Riding the WaveAs the cryptocurrency landscape continuously evolves and expands, the Origin Protocol (OGN) has caught the attention of traders and investors alike with a breathtaking rally. In the past 24 hours, the digital asset has surged by an astounding 61%, establishing its market price at 0.1202. This seismic activity in OGN's price movement has not only turned heads in the market but also ignited a spark of anticipation amongst its followers.
Examining the asset through a four-hour timeframe chart provides a fascinating glimpse into its journey. The Fibonacci retracement levels, a crucial tool for predicting potential support and resistance levels, plots a promising path for OGN. It has effortlessly exceeded its first Fibonacci level at 0.0888 and is now ambitiously eyeing the 1.618 level, which stands at 0.0977.
This bullish rally doesn't seem to show signs of slowing down, as the Origin Protocol could potentially ascend to the 2.618 level at 0.1121 in the near future. If the bullish momentum persists and the 3.618 level at 0.1265 is breached, the 4.236 level at 0.1354 will be the next goalpost on OGN's upward journey.
A glance at the Bollinger Bands reveals that OGN's current trading price is comfortably above the middle band at 0.0815. This middle band could serve as a stronghold of support if the market corrects. The upper band, currently set at 0.1044, has been eclipsed by the recent price movement, reaffirming the strength of the ongoing trend. Meanwhile, the lower band at 0.0585 seems a remote possibility at present.
However, the surge has placed OGN in a precarious position, according to the Relative Strength Index (RSI). With a reading of 93, it's apparent that OGN is in an overbought state. History suggests that assets tend to retreat from such lofty RSI levels, indicating the potential for a future price correction.
Despite the looming shadow of a potential correction, the volume oscillator presents a rather upbeat picture at 57%. The stochastic index echoes this positivity, with a reading of 86%, indicating a robust bullish sentiment permeating the market. The Moving Average Convergence Divergence (MACD) at 0.0054 further attests to this bullish phase, suggesting the market is currently dominated by buyers.
The On-Balance Volume (OBV) presents a final piece to this puzzle. Sitting at an impressive 2.138 billion, the OBV highlights the significant volume flowing into OGN, providing a sturdy foundation for the current bullish phase.
While the meteoric rise of OGN has instilled a sense of exhilaration amongst its followers, caution is advised. The overbought conditions, as indicated by the RSI, suggest that the market could be due for a correction. If the bullish sentiment loses steam and the buying volume dwindles, OGN may experience a price pullback.
However, if the bullish fervor remains unscathed and the influx of volume is sustained, we could witness OGN painting new highs on the charts. As with all investments, risk management is key. Always remember not to invest more than you're willing to lose and to conduct your research before making any investment decisions. After all, in the volatile world of cryptocurrencies, fortune favors the well-prepared.
IS ONT READY FOR A BREAKOUT UP $1 BY NIGHT WHALES?We have been closely monitoring the trading volume of OGN before the breakout and after the breakout, as we anticipated a potential increase. After observing that ONT has a higher likelihood of breaking out and considering the stability of its market activity, we continue to follow this trend with the high chance that ONT can be the next increase coin.
We believe that ONT has the potential for an even more significant surge to OGN, and there is a possibility that this cryptocurrency may experience a breakout significant enough to reach a value of $1 with an unexpected volume increase by whales. Unexpected market orders adding so much LIQ that's going in sec volumes. when we backtest this volume we see this volumes increasing in one step view, adding later with extra market makers trend.
However, it's important to note that this target is merely an expectation, and it is crucial for us to focus on the current price and market conditions.
We will follow up and see if this coin will have an unexpected breakout in the coming time.
In crypto space time by time there happened unexpected breakouts, one of the breakouts that did affect the price is INJ and SNM, is ONT followed by the new increase of night whale increase?
TRADE OF THE DAY | OGN looking like nice bounce within rangeTRADE OF THE DAY | OGN looking like nice bounce within range
|TARGET ON CHART |
There has to be a bounce at some point right!? OGN seems to be showing some nice signs with being so heavily oversold and a nice untested weekly pivot the 1:1 take profit falls nicely with both the long term resistance (recent broken suport) along with sitting within the untested weekly pivot. We have a bullish signal flashed for long so we are going to pull the trigger here. There is an incredibly volatile week with fed announcements coming up so just beware that there is going to be some inevitable big movement incoming
$OGN/#BTC [#Origin Protocol]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $OGN / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.00000721 | 0.00000822 | 0.00000999 and the major support zones are respectively at 0.00000544 | 0.00000468 | 0.00000291. It is a bullish indication and we may consider entering at the current price zone at 0.00000633 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000633 ₿
▣ 24HVol: 9.767 ₿
▣ 24hChng: 3.601%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000721 | 0.00000822 | 0.00000999
◢ Support: 0.00000544 | 0.00000468 | 0.00000291
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.75 - Bullish
▣ Reddit sentiment score is 0.63 - Bullish
▣ In-depth OGNBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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