Possible cup and handle breakoutA short scalping for quick bucks, on 1-hour chart for OGN/USDT there is a possible cup-handle pattern which would give some small gains for a trading but there is a strong resistance ahead. If volume increases then this would test its support and breaks the resistance ahead.
OGNUSDT trade ideas
OGNUSDT - Long by Supertrend, ADX & Vol 10/6/20221. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
3. MOVING AVERAGE INDICATOR:50
- Long trend when closes candle is above the green line.
- BUY/LONG: reject to Supertrend at current timeframe.
OGNUSDT My favorite cryptocurrency👌❤My prediction is definitely an upward trend for the desired currency.
Friends who want to invest can have this currency in their portfolio.
I emphasize that the analysis was done with several styles and I can safely say that 2023 will be the golden year of the digital currency market.
OGNUSDT - Short by Supertrend, ADX & MA 9/21/20221. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Short trend when closes candle is below the red line.
- SELL/SHORT: reject to Supertrend at current timeframe.