CalmMonkeyTrading

OMGBTC 40%+ move? Daily bullflag getting squeezed out sat/sunday

Long
BINANCE:OMGBTC   OmiseGO / Bitcoin
Possible bottom of bullflag established on the 31st may, the same time price broke through the bleed line. After the next move up to find the top of the flag, price moves down again towards the support @ 1537 sats but does not touch it. Is accumilation coming to an end, ready for the move up?



Accumilate between 1537 and 1600 sats .

I bought in @ at 1573 as i zoomed into the 15 minute chart the bleedline had been broken and price had found support around 1570 sats , RSI also showing higher lows on this timeframe. Support flip also confirmed on 1h and 4h charts.

stoploss @ 1518 sats .

Risk/Reward - 13.04 for final target

Take profit 1 - 1714

Take profit 2 - 1868

Take profit 3 - 2102

Take profit 4 - 2290

Let me know what you think.

Enjoy the weekend!

Like, share or subscribe if you like it :)

Comments

Omg is going to be a must in terms of altcoins in a few time...stay focus
+2 Reply
Very promising fundamentals! OMG is going to explode. Check the latest news with regards to Toyota finance investing $80 in OMG parent company.
+1 Reply
Bloedrivier Bloedrivier
@Bloedrivier, $80 million
Reply
Easybobby Bloedrivier
@Bloedrivier, 😃
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out