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OG / TetherUS

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OGUSDT trade ideas

#OG/USDT - Long - Potential 17.74%Strategy: Long Exchange: BINANCE Account: Spot Entry mode: Market order in range Invest: 5% Exit: • Target 2 : 5.8 17.74% • Target 1 : 5.174 5.03% Entry: 4.926 ⌁ 4.926 • Current market price: 4.926 Stop: 4.404 (-10.6%) Technical indicators: Breakout with volume from trendline and overhead resistance. Support directly below price from moving averages and RSI in uptrend. • ⎿ 24h Volume: 4223458.9513 • ⎿ Satoshis: 4.926 • ⎿ Analysis: TradingView
Long
by CryptoNicho
OG/USDT Assessing Cup and Handle FormationOG/USDT currently exhibits a potential Cup and Handle formation, signaling a possible bullish pattern. This structure typically entails a rounded bottom followed by a smaller consolidation, resembling a cup with a handle. The basic entry and target levels have been identified, presenting potential opportunities for traders. However, special attention must be paid to the neckline zone a crucial level that determines the pattern's validation. A breakout above this neckline could signify a confirmed bullish trend. It's imperative to adhere to the suggested stop-loss level to manage potential risks effectively. This stop-loss serves as a safeguard, helping to minimize losses in the event of an unexpected market movement. Make sure to appreciate our findings with your likes and drop your comments.
Long
by weslad
2
$OG Performed Bullish Symmetrical$OG Performed Bullish Symmetrical Triangle in 2hr - 4hr KEEP eyes on it What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point. Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Long
by Crypto-Adda_Official
OG not finished with the moveIt's 2 a.m. so I'll be short on this one and go sleep. Vision gonna envision some pretty dreams. So. I do not usually trade fan tokens but in the phase we're at right now, I feel like searching for for the exact scenarios, and this BINANCE:OGUSDT is one of them. Pumpy-dumpy history, already gave me some add-ons to my PnL and is still repeating its own chart almost in the perfect way (such as BINANCE:WRXUSDT from one of my previous setups did). Take a look on this chart. Now go left to April. We're now at the point of 16-17 April 23' and just looking for another 1-2 upward legs. Less words. Buy Zone is Green Sell Zones are Red Have a good trade. Or a good rest.
Long
by A_I_Vision
🔥 OG Low Volatility Accumulation Break OutOG saw an incredibly bullish move earlier this year, where it gained over 350% in a mere two days. However, since topping around 16$ OG has been falling with no end in sight. This trade is based on the idea that OG is currently in a horizontal accumulation phase (purple area) and will soon, helped by Bitcoin, move back up towards the 2023 highs. Most likely, Bitcoin will have to break out through 31,000$ in order to give investors the confidence to launch OG upwards. Stop just below the most recent June lows, target at 15$. With a tight stop we managed to construct a very high risk-reward trade that most likely has a high expected return. A more defensive strategy would be to take partial profits around 9.5$.
Long
by FieryTrading
9