OG looks to have pumped hard, and now price seems to be coming back down to where market collectively thinks it should be.
Feels like price can come back some more before buying pressure comes back in to push it up, but if it doesn't make a HH, I think price will come back down to POC, at least before resuming any macro bullish trend.
First time looking at this chart so no fundamentals here at all, purely chart patterns. #NFA, #DYOR.
Feels like price can come back some more before buying pressure comes back in to push it up, but if it doesn't make a HH, I think price will come back down to POC, at least before resuming any macro bullish trend.
First time looking at this chart so no fundamentals here at all, purely chart patterns. #NFA, #DYOR.
Note
price came back, then pushed up but is holding above the last low.I'm expecting maybe to reject again from the diagonal trend and come down maybe to take liquidity from the last low or possibly even the one below that.
In any case, a long opportunity will present itself when this happens. Just need to watch if there is a decent reaction.
Note
OG bounced off the 6.5 level marked in my previous update. A pretty strong bounce too.Note
only small margin as I don't really follow this token 
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Telegram: t.me/theNinjasDojo
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
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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.