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Origin Protocol / TetherUS

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OGNUSDT trade ideas

OGNUSDT ! How will the coin behave relative to bitcoin? 🙈OGNUSDT , like the entire cryptocurrency market, does not show anything interesting, except for the price drop. On the chart, we see a formed side range between 0.3240 and 0.1810, which has been active for more than a month. Price testing resistance ( down channel and range resistance) on high volatility (after momentum) I suppose, since we see a downtrend, and in such situations, resistance plays a key role, then it is worth waiting for a false breakdown and consolidation under the level. I think that after a false breakout, the price can reach the short-term target of 0.2399 and the medium-term liquidity zone of 0.1810 Sincerely, R. Linda!
Short
by RLinda
15
OGNUSDT wants the demand zone on 0.15$The price bounced on the daily support on 0.1835 and now the price is testing the dynamic 4h resistance. The price got the liquidity from the 4h resistance and now wants to retest the demand zone on 0.15$ How to approach it? IF the price is going to lose the daily support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
Possible Long on Origin ProtocolSo as we can see at 4h chart seems like we are on bullish trend, if price for this sunday-monday reaches 0,30 and crosses EMA-200 with big candle, we might see next push to our TP1 at 0,33 with 10% raise (x3 or x5 leverage would give 30-50% profit). ADX still on strong trend above 30 and buy pressure trend is raising. Tomorrow it will be decisive day for BTC if we still keep at accumulation or the price goes up again to 31-32K. Remember to DYOR as always :) !
Long
by Arunaxx
Origin Protocol (OGN)Price action for a number of alternative coins has obviously taken a beating over the past several weeks. How do you take advantage if you’re already sitting on losses? Easy.. look for those that have fallen even harder. Spent the last couple of hours calculating ratios from recent highs to current price action on Binance listed tokens. Coming in at a ratio of 5/1 since a high of $3.20 is Origin Protocol now at 65 cents. On the above 1-day chart a number of bullish signals exist: 1) The oscillators indicate a ‘great buy’ opportunity (orange column). 2) Look left, price action is showing support on previous resistance. Furthermore on the OGN / BTC chart (below) price action is showing the same support and resistance whilst testing support on the 200-day SMA. 3) Price action has now corrected to the 0.618 golden ratio (not shown here). Is it possible price action falls further? For sure. Is it probable? Unlikely - but what is certain, the risk / reward ratio is very appealing given all this volatility. 1st target $3 / 5x from current levels. Good luck, WW
Long
by without_worries
6
OGNUSDT , DESCENDING TRIANGLE , WHAT'S NEXT ?Hello Traders! Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! - Checking OGN on 1D time frame chart is trading inside a descending triangle making lower highs while making equals lower lows , local S/R exist on 0.369$ price re-tested this zone suggestion that buying will take price higher from there , we already faced a S&D pattern before ( RALLY DROP RALLY ) , local S/R is acting as a good zone for buyers we might see the price could consolidate before approaching to the next resistance level on 0.5201$ - It will be a trigger if buyers managed to break the upper trendline of the descending triangle , if not sellers will push the price again towards previous local S/R 0.3369$ and even lower towards strong support zone on 0.2000$ which act as an psychological support , meanwhile i will be monitoring BTC performance suggesting that it could trade lower towards 34k -30k levels , taking the Market cap down below. Good Luck Traders.
Long
by Johnny_a88
OGNUSDT is creating a descending channelThe price is creating a descending channel on the 4 timeframes and now the market is getting the liquidity from the daily demand. At 0.5 $ the price has a resistance. How we can approach it? If the price is going to have a breakout from the descending channel and retest the 4h resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
4