OGNUSDT is testing the monthly supportThe price got a rejection from the 0.80 Daily resistance where the market created a double top.
On 4h timeframe the price is creating a descending channel and the market is testing the 0.618 Fibonacci level and monthly support on 0.49.
The market is testing the supply zone right now
How to approach?
The price must hold the monthly support on 0.49$ and flip again the supply zone as new support. IF the price is going to have a breakout from 0.59-0.60, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
OGNUSDT trade ideas
OGN - Going for interesting targetsHello trading friends,
OGN - showing interesting trends depending on TA and could enter new price action zone coming time.
Markets going on them way, it can take time before markets shows an effect.
know that there is no guaranty into markets, as markets can change unexpected.
There should be always an SL to manage the risk.
Have good time
# this is not a trading call, trade only depending your setups, and some times its also better to wait for recovery trends.
ORIGIN : Broke out this PatternThe Origin base on the chart is so bullish after broke
out and we've seen a pump it. however i think we can see continue bullish trend toward 0.75.~ 0.85 if it could breaking red zone ahead ( 0.62 ~ 0.63 ).
As we can see after broke out flag bearish pattern price started to pump hard and im expected brief correction to 0.55 and if price will stay above this zone it will continue more pump toward 0.75 ~ 0.85 but before more gain we wait to see brief correction or maybe retesting broke out area.
Note :it is Assuming BTC won't make a huge dump
Origin Big Correction We are looking for a big correction on OGN. It's massive run up recently was unexpected and appears to be whales pumping and then unloading. The project is currently over extended and appears to be heading back towards the 20 and 50 MA's. We are looking for price to return to 47 and 41 cent region and 36 cents as the third level of market structure.
Wait for a breakout, up to 170%On daily chart
BINANCE:OGNUSDT has been retracing to 0.5 Fib of last surging on 25 Feb.
High risk high return!!!
OGN is still in downward trend, but consider to buy partial to less risk.
Safer option: waiting for a breakout to confirm raising, that time we can join the race.
Wait and see.
#OGN/USDT looks prime for 50% Rally!Welcome to this quick OGN/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to OGN/USDT 2hr chart update by CRYPTOSANDERS
As we can see from the above-mentioned chart that OGN/USDT it was trading inside the triangle pattern and broke the upper trend line and retested not trading near the green zone which is the zone to enter a long position.
We are expecting an almost 50% jump from the current level.
entry:-$0.5995,$0.6300
target:-50%
stop-loss:-$0.55
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
OGN Update! New Outlook So last time the ascending triangle pattern has been broken. I Tried to find new opportunity and we are in two pattern, right angle broadening wedge and descending broadening wedge.
This is a reversal pattern, you can browser it and find it. This is a good chance to happen because we are in corrective phase, and some other proof that this will happen is that there is RSI Bullish Divergence in 1-day timeframe.
So the first target if we break out to the top from this pattern will be around 0.7- 0.72 then our wave 5 target.
Good luck!!