OMGBTC
is currently falling on the 4 hour chart heading straight to the 200 ema. I expect to see a small bounce off this line with the sell target at the 55 ema. This equates to a 5%-8% profit potential. The green box indicates my personal buy zone and the red line indicates resistance as well as where I plan to sell. I will place a stop loss just under the green support line.
Comment:
My green buy box was off by 4 sats. The price quickly jumped to the resistance line and then fell back down.