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TezosNetwork

OGNUSD - 1W Oversold, Good Buy Opportunity (Swing)

Long
Origin Protocol / TetherUS (BINANCE:OGNUSDT)  
TezosNetwork Updated   
BINANCE:OGNUSDT   Origin Protocol / TetherUS
Trend Analysis Technical Indicators OGN originprotocol OGNUSD
3
0
trendanalysis indicator ogn originprotocol ognusd
OGN has been oversold after a big blowoff, currently it's down 70% and the RSI might be looking for a bounce.

A good swing could push the price to the Tenkan/Kijun on the weekly timeframe.
Comment:
Dropped more than expected after the Crypto dump a day ago, currently we've bounced from the 50MA on the weekly, which should be a good place to long.

I'm expecting the price to push towards the 21EMA and possibly higher within the next few weeks, the sell targets should be around $1.15 and possibly $1.50.
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