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Technical analysis by TezosNetwork about Symbol OGN: Buy recommendation (5/19/2021)

https://sahmeto.com/message/2678504
TezosNetwork
TezosNetwork
Rank: 1761
2.1

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

Buy
Price at Publish Time:
$0.67999
Buy،Technical،TezosNetwork

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.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.

Source Message: TradingView
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