OMG bouncing off support and continuing in trend line, bullish
With BTC dropping a bit yesterday after an ATH, some of the alts have taken a hit. Sitting with OMG in my portfolio I'm holding more or less on a swing till I get into some good profits within the next few weeks.
Should OMG drop out of it's trend line and below the top red support line, it could be an indication that it's time to cut losses and move into something more profitable on a short or another swing trade.
So far it's bounced off support a few times on this 4 hour chart and is heading for higher water. I'm looking for a sale upwards of the 0.00400 level.
Best of wishes, and best of trading!
Should OMG drop out of it's trend line and below the top red support line, it could be an indication that it's time to cut losses and move into something more profitable on a short or another swing trade.
So far it's bounced off support a few times on this 4 hour chart and is heading for higher water. I'm looking for a sale upwards of the 0.00400 level.
Best of wishes, and best of trading!