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Origin Protocol / TetherUS

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OGNUSDT trade ideas

OGNUSDTThere is an Aggressive Entry forming in the chart although it's a good trade since 5:1 ratio trade. Wait for the pattern to break. Then enter to sell trade. If it reaches 1st 27.0 level breakeven it. After that you know the drill. Keep tightening the Stop loss. Manage the trade closely since it's an aggressive trade. Trading is serious business and it carries a high level of risk and may not be suitable for all investors. Do your own due diligence before putting your funds to work on anything; you should make yourself an expert. There will be up to date ideas. So be kind enough to follow me for more updates.
Short
by Rajitha_Jayalath
OGNUSDTUpdates on OGNSDT. There is new market Conditions affected. If anyone is in long Trade on OGNUSDT breakeven the trade when it comes to 0.7998 Level. I am expecting another confirmation on this trade. So there are two Possibilities on this Pair so far. 1. The trade should move to level 1.0193 Rapidly and create another correction then go for the 1.7184 level 2. Comes back down make another correction for a more than 8days (I do not know exact days only the correction expected is more than 8 days) Then go for a long. Due to these conditions we should be on a breakeven if it goes for the 0.7998 level. If the second options is on act we can enter the trade from far down so we could gain a good risk to reward. I am so sure if it comes back then we can see bigger moves in no time. Trading crypto is a serious business. Please do your own due diligence your self. Trade with care. Feel free to comment bellow your ideas. Don't forgot to follow me and support me.
Long
by Rajitha_Jayalath
OGN big triangle breakout possible soonIt seems that OGN is going for the big triangle breakout, that might lead to a pump. It will probably take days for the breakout and retest. However be careful when trading, because if BTC crashes, OGN will most likely fail. There might also be an inverted H&S marked on the chart, which is generally a bullish pattern. I'm taking long position now, but it will be safe to wait for the breakout and jump in on the retest. I'm also watching carefully what BTC does.
Long
by mrowkarz321
Will OGN continue its uptrend? - Here's the entry levelHere's a quick look at the OGN 2 hr chart. As we can see, the price broke out previously from the bull flag and is now trying push further to the upside. If you didnt catch the immediate breakout form the bull flag, Then the best entry would be when the price breaks above 0.66$ with good amount of volume. Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 14.4$ and take profits at the levels shown in the chart. Targets: 1. 0.68$ 2. 0.72$ 3. 0.76$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
OGNUSDT Inverse Head and ShouldersThe Head and Shoulders pattern is an accurate reversal pattern that can be used to enter a bearish position after a bullish trend. It consists of 3 tops with a higher high in the middle, called the head. The line connecting the 2 valleys is the neckline. The height of the last top can be higher than the first, but not higher than the head. In other words, the price tried to make a higher high, but failed. The closer the 2 outer tops are to the same price, the more accurate the pattern. If the price breaks the neckline and closes below it, the pattern has completed. Conservative traders may look for additional confirmation. The target can be estimated by measuring the height of the pattern (from the neckline to the head) and projecting this downwards. Common stop levels are above the neckline or above the right shoulder. The Inverse Head and Shoulders is the bullish version of this pattern that can form after a downtrend. TradingView has a smart drawing tool that allows users to visually identify this pattern on a chart.
Long
by UnknownUnicorn38199698
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