I am going to start accumulating today OmiseGo in this support area in the next days. This is a major bottom and I see 2 trading opportunities here :
1- Buying now and setting a stop loss under the support area with a target at the main resistance.
2- Buying when Omisego breaks the main resistance looking for fibonacci levels as targets.
Overall indicators are looking bullish, but the main focus here is to buy because of the main support and not indicators. Also Omisego is one of the cheapest coins in Binance right now considering my statistics tools.
Do your own research, enjoy the idea and happy trading!
Comment:
OmiseGo getting ready...
Comment:
Still at support area. OMG took a hit with the market tough.