OGNUSDT trade ideas
A simple break and retest of OGNUSDT on 1D TFORIGINS PROTOCOL has been trading above the 1D 200ema for a while now, which confirms the break and suggests more upwards movement. This is the first time price is coming back to the test horizontal resistance it broke plus the (1D 200ema) now support confluenceWAIT FOR A DAILY CLOSE REACTION FIRST.
Set your stop loss according to your risk
Simple break and retest of OGNUSDT on 1D TFORIGINS PROTOCOL has been trading above the 1D 200ema for a while now, which confirms the break and suggests more upwards movement. This is the first time price is coming back to the test horizontal resistance it broke plus the (1D 200ema ) now support confluence. WAIT FOR A DAILY CLOSE REACTION FIRST.
Set your stop loss according to your risk tolerance.
OGNUSDTOGNUSDT is trading in more like of triangle pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the triangle .
Currently the price is forming a local support around 0.1150 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
✴️ OGN Short-Term | Bullish All The Way (A Closer Look)✴️ Origin Protocol Short-Term | A Closer Look
Bullish action is ON!
Origin Protocol (OGNUSDT) managed to conquer EMA300 as resistance and is now undergoing a retrace.
We looked at this pair long-term and now we would like to have a closer look.
Origin Protocol hit a low 10-June and quickly moved up to find EMA300 working as resistance.
After a higher low 17-August, another challenge of EMA300 as resistance fails and OGNUSDT enters a small retrace.
Finally, late September OGN managed to break above EMA300 on rising volume.
After a strong resistance level is conquered it is common to see a test of previous resistance as support.
The price at which OGNUSDT is trading now matches the 23-July and 8-September sessions price range. As this level is tested and holds as support, then OGNUSDT is likely to resume going up.
The main support levels now stand out as EMA21 or 0.11289, matching 0.618 Fib. retracement at 0.11567. This is a strong level and can easily hold.
If prices move lower, the 0.786 Fib. retracement (0.09400) is very likely to work.
👉 There can be some variations in the very, very short-term, but Origin Protocol is set to continue growing on all timeframes... See the arrows on the chart for a rough projection.
Bullish all the way.
Namaste.
OGNUSDT.P - Bullish(Long)OGNUSDT.P appears to be trading within a falling wedge pattern, and recently, it seems that the sellers may be getting exhausted as the pair has started to find support within the wedge. Additionally, the current price action is forming a bullish divergence, which suggests that buyers may be preparing for a significant upward move.
Will the bulls regain control and push the price higher?
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.
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.
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Rune | Will we visit May 2022 Level ?Rune's chart shows strong signs of rises that may be historic, especially since we are still in a bear market.
We noticed many times that many currencies visited the May 2022 region before taking the shape of Burj Khalifa and collapsing quickly.
Even for currencies that visited this region before, such as TRB, we are now visiting this area again.
Strong rises from this area should be expected.
ognusdt-mentoringognusd speculative view
ognusdt on weekly looks like bottomed after 750 + days declining
and now looks good for good long position trade
look for short if rejects 1365
look for short if close under 1076
look for longs if holds 1075
look for long if holds 1203
***
Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
OGN OGNUSDT Origin Protocol Long Opportunity Sep 29Signal: Red - Blue -> Green
Context: Green
Bottom Structure Break out
Risk-Reward: 2
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
✴️ Origin Protocol Long-Term Accumulation 3,000%+ PotentialThe upcoming bull-market is very likely to end up in a new All-Time High for this pair, so the 3,000% potential mapped on this chart is quite conservative, it should be the target for the next strong bullish phase but not the next market top.
Origin Protocol's bear market ended May 2022.
All the action from May 2022 through September 2023 is a long-term accumulation phase.
👉 Notice the ultra-high volume late May 2022.
👉 Notice the high volume June and September 2023.
1) Bear market | It is defined by lower highs and lower lows; descending prices.
2) Accumulation phase | It is defined by sideways action.
3) Bull market | It is defined by growth, higher highs and higher lows.
Thank you for reading.
Remember to boost and follow to show your support.
Namaste.
OGNUSDTOGNUSDT is trading in fine bullish trend and maintaining well the bullish trendline.
Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from pointed arrows on the chart.
Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack.
if bulls take the charge this time too the next target could be 0.1100.
#OGN/USDT IDEANYSE:OGN is facing the main trendline resistance, where the Ichimoku cloud is also acting as resistance. RSI crossover and holding above MA is showing bullish momentum. We've to keep an eye on a solid breakout, which would confirm the continuation of the bullish move.
*** OGN BUY ***
SL: 0.068
TP1: 0.1065
TP2: 0.1213
TP3: 0.146
RR: 1:4.5
DYOR and pleaase manage your risk