McThuggets

OGN/USDT Bottoming/Fractal Consolidation

Long
BINANCE:OGNUSDT   Origin Protocol / TetherUS
Can not wait for alt season to begin! I feel any bitcoin investment will not be profitable for myself as a small investment promises a small return. However in the mean time I have been keeping my eye on a few alts ready for the season to begin. OGN is a coin I believe is bottoming. A falling wedge shape pattern into a previous support and resistance zone, the rsi indicators are oversold and the mac d seems to be pretty quiet. The fractal consolidation pattern from march - august may just be coincidental. I am hoping it bounces of the bottom support line and begins it's accumulation phase, I hope to be buying in at the point, who knows?

Any thoughts and opinions welcome :) Thanks!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.