Long
OMGBTC Bounce from the bottom of descending channel
OMG price has been decreasing for about 3 months already. Each time the price touches the bottom of the channel it bounces back to its top. We have been waiting for so long to enter this position in such positive moment. RSI, HMA and Williams percentage range are in buy state.
We recommend this coin for medium term, the risk is medium too. Free target is drawn at the chart it is situated where the price intersects with Ichimoku clouds zone. Up from the moment it enters the red cloud there should be implemented a swing trade strategy till consolidation happens and the price will move higher. Necessary updates to earn as much profit as possible will be posted in the Premium channel
We recommend this coin for medium term, the risk is medium too. Free target is drawn at the chart it is situated where the price intersects with Ichimoku clouds zone. Up from the moment it enters the red cloud there should be implemented a swing trade strategy till consolidation happens and the price will move higher. Necessary updates to earn as much profit as possible will be posted in the Premium channel
Trade closed manually
The price still in the descending channel negative market situation did not allowed the price to breakout.
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Trade smarter with:
skyrexio.com
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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
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.