OGN ANALYSIS:
ONG has brought some major attention to it as it had a massive run. OGN is now on the correction and at the most critical point! This is currently a No-Trade-Zone until confirmation is formed on the daily. What that means is this: If the yellow zone breaks down again and drops below, short OGN until we reach the targets of 1800 sats, and lastly 1500 sats. This point, sellers become exhausted and whales will accumulate. If the yellow box holds as support, a reversal green wick candle will occur and provide the confidence of buyers to push to a double top back near 3000 sats. Play this accordingly, look for the confirmation daily wick candle. The main breaking point is about 2400 sats!
Possible long entries (after break down, if it occurs): 1800 and 1500 sats!
ONG has brought some major attention to it as it had a massive run. OGN is now on the correction and at the most critical point! This is currently a No-Trade-Zone until confirmation is formed on the daily. What that means is this: If the yellow zone breaks down again and drops below, short OGN until we reach the targets of 1800 sats, and lastly 1500 sats. This point, sellers become exhausted and whales will accumulate. If the yellow box holds as support, a reversal green wick candle will occur and provide the confidence of buyers to push to a double top back near 3000 sats. Play this accordingly, look for the confirmation daily wick candle. The main breaking point is about 2400 sats!
Possible long entries (after break down, if it occurs): 1800 and 1500 sats!