OGNBTC Breakout Bullflag
Hey fellow traders,
My first published post so lets make it fireworks with this coin.
OGN is looking very good in my opinion and critical level around 3150 is holding well, everything below is getting bought up and candles close above, good signs for a possible Support/Resistance flip.
Still couple of hours left for this candle to close but the buying power is already shown. Now combine this with a demand zone on a multimonth trendline + local 61.8Fib retracement where we bouncing of with buy power, this bull flag looks prime to breakout to the upside.
A lot of confluences for a buy in my opinion.
If you like this idea please give a like :)
My first published post so lets make it fireworks with this coin.
OGN is looking very good in my opinion and critical level around 3150 is holding well, everything below is getting bought up and candles close above, good signs for a possible Support/Resistance flip.
Still couple of hours left for this candle to close but the buying power is already shown. Now combine this with a demand zone on a multimonth trendline + local 61.8Fib retracement where we bouncing of with buy power, this bull flag looks prime to breakout to the upside.
A lot of confluences for a buy in my opinion.
If you like this idea please give a like :)
Comment:
Great move, looks like we get a retracement now.
Trade closed: target reached:
Fireworks it was!
Perfect touch of the last target, great run!
Perfect touch of the last target, great run!
Looking good.