OmiseGO [OMG/USD] Risky Trade Opportunity!
Hey!
Those who just can't wait and those who want to make trades on the risky market then here is a possible trade opportunity.
Technical trade criteria:
1. Round number $2.5
2. Trendline should act as a support
3. 50% from the current top
4. Fibonacci extension levels
5. Different timeframe RSI Divergence
It should make a pretty good profit but currently the market situation is a bit risky (BTC' shows some small signs to make another leg down, at the moment no clear confirmations) so maybe You want to wait a little bit or starting the laddering tactic.
Targets are on the chart - arrow top points!
Hopefully, this analysis helps You out a little bit to confirm Your own!
Please, don't forget to LIKE!
Have a nice day!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Those who just can't wait and those who want to make trades on the risky market then here is a possible trade opportunity.
Technical trade criteria:
1. Round number $2.5
2. Trendline should act as a support
3. 50% from the current top
4. Fibonacci extension levels
5. Different timeframe RSI Divergence
It should make a pretty good profit but currently the market situation is a bit risky (BTC' shows some small signs to make another leg down, at the moment no clear confirmations) so maybe You want to wait a little bit or starting the laddering tactic.
Targets are on the chart - arrow top points!
Hopefully, this analysis helps You out a little bit to confirm Your own!
Please, don't forget to LIKE!
Have a nice day!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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