OMG/USD - Prediction Before BTC Fork
The price is stable within a horizontal channel.
Hardly the price will leave the channel before the Fork, with that we can open a purchase order at 7.8 following our bearish trend line.
If the price exceeds 50% of the channel in 7.9, the next target will be the resistance in 8.2, where we will place the sales order.
There is also a low probability that the price will break the bullish trend line and reach support.
But probably up to the price the Fork will reach our target.
And in the worst case, leave an order with double the primary order at 7.16, which is the long-term support.
Hardly the price will leave the channel before the Fork, with that we can open a purchase order at 7.8 following our bearish trend line.
If the price exceeds 50% of the channel in 7.9, the next target will be the resistance in 8.2, where we will place the sales order.
There is also a low probability that the price will break the bullish trend line and reach support.
But probably up to the price the Fork will reach our target.
And in the worst case, leave an order with double the primary order at 7.16, which is the long-term support.
Penafian
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