Ognbtclong
Rectangle Breaks Up the OGN price has remained stable during the past 24 hours. However, at the time of writing, OGN seems to be in good shape after a massive drop down since late 2 week
I am thinking it will bounced up caused by :
1- Rectangle formation on Weekly chart
2- Positive sentiment remain bullish within the last 2 days especially when price reached the the highest price 0.5948 that needs to hold without any daily candle below this level
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
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.
OGN/BTC (Key Support Confirmed?)OGN/BTC
-This coin may have found support at previous resistance & support zone
-It is now moving up confirmation our new key area to watch is 2400 sat range
-If we will look at the bigger picture, we can see a descending triangle
-Can we see OGN retest the downward trendline resistance?
-Well, there is a possibility as long as the market condition will be in our favor
-If you want to enter a position, your ideal stop loss is below the green support
-Target is on the chart up to 4000 sat area
OGN BIG MOVE COMING SOON!OGN is creating higher lows and lower higher >>> Converging or consolidating for the big move ahead on either sides.
1. Daily resistance was broken at 3720 and it went all the way up to test the new resistance at 4533. WIcking past 4533 and gets rejected to retrace back to newly created daily support where candles are right now at 3720.
2. Both the bulls and bears in control, but the candles are at support level but it is testing the support. More times a level is tested, the weaker it becomes.
3. Also, the volume is decreasing at the support level, an indication of weaker support.
4. A large volume will be needed to reject the support and then it could go to test the resistance at 4533.
Right now, wait for large volume and rejection from the support level, if it happens then enter the trade for long.
But, if the volume does not increase then to test 3252 daily support.
Wait for rejection and let the new candle form above the current level.
Trade safe.
OGN/BTC (Strong Breakout after New Listing?)OGN/BTC
-on June 6, the cross ultimate indicator flashes Buy priority signal
-the price went up over 100% after a bullish breakout of ascending pattern
-I do not recommend to buy at current levels
-wait for a good pullback zone at immediate daily support areas
-wait for a reversal sign before entering a position
-like bullish rejections or multiple green candles
OGN/BTC (Bullish breakout: up to 50% profit)OGN/BTC
OGN broke bullish of this descending channel to the upside and currently pulling back to retest old resistance becoming new support.
If this level will hold, it will be a good opportunity to open a Long position and target up to 5000 sats area.
The stop-loss would be below 2900 sats.