OMG/BTC lets play some bounce
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BINANCE:OMGBTC
OMG has been bleeding out after the pump due to hardfork news.
Entry is favorable at the blue box area
SL: Below previous support
Targets: Fib extension levels of
61.8%, 100%.
TA
- Bullish Divergence on 4hr,6hr
- Falling Wedge
OMG has been bleeding out after the pump due to hardfork news.
Entry is favorable at the blue box area
SL: Below previous support
Targets: Fib extension levels of
61.8%, 100%.
TA
- Bullish Divergence on 4hr,6hr
- Falling Wedge
Dagangan aktif
Entry 1 hitA strong bounce followed by a sell off and candle closing below the wedge. Could have more selling pressure as RSI levels are not oversold.
Have buys layers till stops.
Nota
Traded aggressively downwards followed by an impulse upwards movement.It is important to see what the next few candles print if this area becomes a resistance and we might see further downside.
Look like a stop hunt to wipe out any longs with tight stops.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.