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OGNUSDT

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
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.
Long
by MyCryptoParadise_Simon
2
$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.
Long
by UnknownUnicorn26572303