Ogn/usdt possible senario

17 באוק׳ 2020

( Origin protocol )
Ogn/usdt dropped around 75% from its top in 13 August ..but looks like the bleeding will continue at least short term

Possible senario :
Ogn/usdt trading now at 0.17$
And it faces falling wedge trendline resistance
If it break 0.1550$ below (weak support) and closed below then i think about sell/short position to first key support around 0.1400$
If it breaks also then it will move to second key support around 0.1100-0.1200$

I wont think about buy unless it visit one of key supports then break the falling wedge trendline resistance

Or forming base of support around the second key support and with tight stoploss

Hope this analysis help
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Good luck