Evening Traders,
Today’s analysis – OGNUSDT – trading above a key support being the range high, holding this level is deemed bullish,
Point to consider,
- Price Action Impulsive
- Range High Support
- Swing High Objective
- Low Volume
OGNUSDT’s immediate price action is trading above a key technical level, the range high, allowing for a bullish bias.
The current objective is swing high, exceeding this level is critical for a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, OGNUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.” ― Yvan Byeajee
Today’s analysis – OGNUSDT – trading above a key support being the range high, holding this level is deemed bullish,
Point to consider,
- Price Action Impulsive
- Range High Support
- Swing High Objective
- Low Volume
OGNUSDT’s immediate price action is trading above a key technical level, the range high, allowing for a bullish bias.
The current objective is swing high, exceeding this level is critical for a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, OGNUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.” ― Yvan Byeajee
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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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.