Helical_Trades

OGN/USDT : Breakout from falling wedge

Long
BINANCE:OGNUSDT   Origin Protocol / TetherUS
OGNUSDT
Hello everyone 😃

OGN is breaking out the falling wedge.
There is one more 6H candle needed for OGN to hold above wedge; After a retest, It can reach higher levels in mid-term.
However BTC is not showing fine now, But it is possible to have pullback from wedge's higher line.
So generally it's bullish and but for farther confirmations, We can wait for a cross on 6H trend bullish line.

Also on BTC's pair;
It's now pulled back from daily demand zone, Currently it's facing a bullish order block which is now acted as a resistance !
We may see a retest on lower level into demand zone and the a continuation to higher levels on this chart.

🔴 BTC has reached it's broken bullish trendline and some of the asks are forming a sell wall around ~58K. So be careful of any rejection below $55850.

Hope you enjoyed our analysis about OGN's possible growth🙌
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