OGNUSDT trade ideas
Origin Protocol 192% Move to $4 from DCA Zone Origin Protocol 152% Move to $4 from DCA Zone Update: 10/05/21
Update 05 / 05 /21: Origin Protocol 150% Move to $4 from DCA Zone. Since the 27th March Origin Protocol has increased in price by over 300% in this parabolic move from $0.78 to $3.36 and has since retraced down 50% to $1.62. Use Buy Zone to map out your buys. Happy Trading :)
Updated: 27/04/21
Origin Protocol 128% Move to $4 @ 127.20% Fibonacci level from Buy Zone 1. Since our Buy Script triggered a Buy Signal on the 27th March, Origin Protocol continued to rise for 13 days to an ATH of $3.36, which is just over 280% Gain. OGN has had a healthy retracement bouncing from the 38.20% Fibs from this impulsive move which saw OGN grow from $0.78 to $3.36 in just under 2 weeks. Use Buy Zone to map out your buys. Happy Trading :)
OGN - Consolidation (As you asked)OGN has been consolidating and correcting the price for a while now.
You can catch the breakout right after the confirmation. wait for the breakout, don't FOMO.
This will happen right after the first 4H candle closure above the resistance area as shown on chart.
It's not pumping or dumping for now!
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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OGN SHORT-MID TERM BULLISH SCENARIOIf triangle break from upper side and close 4h i'll open my positions. Breakdown of fibo 0.618 also important in this scenario. MACD is also turning to buy from sell.
Entry levels: 1.98-2.13
TP1: 2.3642
TP2: 2.6245
TP3: 3.1908
TP4: 3.3900
My ideas don't give any financial advice, I don't have any expertise on finance. #DYOR
Origin Protocol 152% Move to $4 from DCA Zone Origin Protocol Update 07/05/21:152% Move to $4 from DCA Zone. Note on this move back up to the ATH levels we may retest the 23.60% Fibonacci once more before we starting pushing up to the upside towards our $4 price target as the current Stochastics show an oversold market but there is still some more room for some downward selling pressure. See previous Analysis below, Happy Trading :)
Update 05 / 05 /21: Origin Protocol 150% Move to $4 from DCA Zone. Since the 27th March Origin Protocol has increased in price by over 300% in this parabolic move from $0.78 to $3.36 and has since retraced down 50% to $1.62. Use Buy Zone to map out your buys. Happy Trading :)
Updated: 27/04/21
Origin Protocol 128% Move to $4 @ 127.20% Fibonacci level from Buy Zone 1. Since our Buy Script triggered a Buy Signal on the 27th March, Origin Protocol continued to rise for 13 days to an ATH of $3.36, which is just over 280% Gain. OGN has had a healthy retracement bouncing from the 38.20% Fibs from this impulsive move which saw OGN grow from $0.78 to $3.36 in just under 2 weeks. Use Buy Zone to map out your buys. Happy Trading :)
OGN forming some unique SAR and Trendline patternWe can see that every time SAR was moving along trendline, there was a bullish movement. This time SAR has been moving longer and more acuratelly, and we entered back above 0.5 Fib Retracement. Trendline has been acting as a strong support. This time 0.5 FIb Retracement might shoot price above 0.786 Fib Retracemnt.
Looking forward your opinion guys.