BINANCE:OMGBTC is continuing to trend on its upward channel. Views on bitcoin are that it continues up to 14k then down to 8k. This trade will follow that trend. If
BTCUSD
fails to break upwards of 12k we can expect this trade will fall apart as bitcoin retraces so keep an eye. This is a good swing trade if bitcoin can maintain its upward momentum for the next day and a half.
Targets:
1 - 0.001652
2 - 0.001789 (taking 25%)
3 - 0.001918 (taking 50%)
4 - 0.002106
Stop-loss: 0.001400
Happy trading,
D
BTCUSD
fails to break upwards of 12k we can expect this trade will fall apart as bitcoin retraces so keep an eye. This is a good swing trade if bitcoin can maintain its upward momentum for the next day and a half. Targets:
1 - 0.001652
2 - 0.001789 (taking 25%)
3 - 0.001918 (taking 50%)
4 - 0.002106
Stop-loss: 0.001400
Happy trading,
D
Trade active:
Target 1 (0.001652) Reached Jan 24